Apple Inc. $AAPL Shares Sold by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 46.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 11,279 shares of the iPhone maker’s stock after selling 9,966 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Apple were worth $2,862,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. SEB Asset Management AB acquired a new stake in shares of Apple in the first quarter worth $1,265,497,000. Swiss National Bank raised its holdings in shares of Apple by 6.1% during the first quarter. Swiss National Bank now owns 43,134,968 shares of the iPhone maker’s stock worth $10,947,224,000 after purchasing an additional 2,467,900 shares during the last quarter. Hanseatic Management Services Inc. acquired a new position in Apple during the first quarter valued at $1,427,000. AIA Group Ltd lifted its position in Apple by 5.8% during the first quarter. AIA Group Ltd now owns 457,049 shares of the iPhone maker’s stock valued at $115,994,000 after purchasing an additional 25,068 shares during the period. Finally, Legacy Wealth Advisors LLC boosted its holdings in Apple by 24.6% in the first quarter. Legacy Wealth Advisors LLC now owns 22,483 shares of the iPhone maker’s stock valued at $5,706,000 after purchasing an additional 4,445 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Apple

In related news, insider Ben Borders sold 116 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by corporate insiders.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: India proposed extending tax exemptions for equipment suppliers to contract manufacturers through 2041. The policy could support Apple’s effort to expand iPhone production in India and reduce reliance on China. India proposes extending tax breaks for contract manufacturing in a boost for Apple
• Positive Sentiment: Analysts and bullish investors argue that Apple’s capital-light AI strategy could eventually pay off through its enormous installed base, device upgrades and Services ecosystem, without the infrastructure spending burden faced by hyperscalers. Apple’s AI Strategy Looks Different—Will It Pay Off?
• Positive Sentiment: Apple’s acquisition of PlasmaSolve could improve manufacturing simulations, device coatings and production yields, potentially supporting thinner and stronger future hardware. AAPL Stock Alert: What to Know as Apple Acquires PlasmaSolve
• Neutral Sentiment: Apple asked a U.S. court to block OpenAI and two former employees from using alleged trade secrets. OpenAI has responded by calling the case careless and publishing private communications; the dispute could affect OpenAI’s hardware plans but remains legally unresolved. Apple seeks preliminary injunction against OpenAI in trade secrets case
• Neutral Sentiment: Apple is also challenging a U.K. demand for access to encrypted user data. A favorable outcome could protect its privacy positioning, while prolonged regulatory litigation creates uncertainty. Apple launches fresh legal challenge against UK encrypted data access demand
• Negative Sentiment: The strongest pressure remains financial: Apple exceeded quarterly EPS and revenue estimates, but its outlook was viewed as disappointing. Higher memory and component costs, supply constraints, a Services revenue miss and delayed Apple Intelligence features have undermined confidence in near-term growth.
• Negative Sentiment: China Renaissance, DZ Bank and Phillip Securities downgraded AAPL, citing persistent memory inflation, supply risks and uncertainty over Apple Intelligence returns. With the stock trading around 35 times earnings and a PEG ratio above 2.6, investors are demanding substantial growth to justify the valuation.
• Negative Sentiment: The CEO transition adds execution risk. While some coverage views Cook’s departure as a well-prepared succession, investors will watch whether John Ternus can accelerate AI development and sustain Apple’s growth momentum.

Apple Trading Up 2.0%

Shares of NASDAQ:AAPL opened at $309.46 on Wednesday. Apple Inc. has a 1 year low of $202.16 and a 1 year high of $344.57. The firm has a market capitalization of $4.52 trillion, a price-to-earnings ratio of 35.49, a price-to-earnings-growth ratio of 2.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The business’s 50 day moving average price is $309.42 and its 200-day moving average price is $282.24.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping the consensus estimate of $1.89 by $0.13. The company had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.57 EPS. On average, equities research analysts forecast that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s payout ratio is currently 12.39%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AAPL. UBS Group reaffirmed a “neutral” rating on shares of Apple in a research report on Friday. Bank of America reissued a “buy” rating and issued a $380.00 price objective on shares of Apple in a report on Thursday, June 18th. Evercore restated an “outperform” rating on shares of Apple in a research note on Wednesday, July 8th. Tigress Financial reiterated a “strong-buy” rating and set a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Finally, Phillip Securities cut Apple from a “hold” rating to a “moderate sell” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and a consensus target price of $330.44.

About Apple

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.