Strategic Financial Concepts LLC Sells 18,417 Shares of Apple Inc. $AAPL

Posted by Casey Walker on Jun 7th, 2026

Strategic Financial Concepts LLC cut its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 58.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,116 shares of the iPhone maker’s stock after selling 18,417 shares during the quarter. Apple makes up 3.3% of Strategic Financial Concepts LLC’s portfolio, making the stock its 4th biggest holding. Strategic Financial Concepts LLC’s holdings in Apple were worth $3,566,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Tiff Advisory Services LLC increased its stake in shares of Apple by 11.7% in the fourth quarter. Tiff Advisory Services LLC now owns 174,002 shares of the iPhone maker’s stock worth $47,304,000 after acquiring an additional 18,273 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Apple by 6.3% in the fourth quarter. Coldstream Capital Management Inc. now owns 636,854 shares of the iPhone maker’s stock worth $173,135,000 after acquiring an additional 37,900 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new position in shares of Apple in the fourth quarter worth $787,930,000. Shelter Rock Management LLC acquired a new position in shares of Apple in the fourth quarter worth $2,079,000. Finally, Pathfinder Wealth Consulting Inc. acquired a new position in shares of Apple in the fourth quarter worth $6,281,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Trading Down 1.2%

Shares of NASDAQ:AAPL opened at $307.34 on Friday. The company has a market cap of $4.51 trillion, a P/E ratio of 37.16, a P/E/G ratio of 2.68 and a beta of 1.09. The stock’s 50-day moving average is $281.39 and its 200-day moving average is $271.37. Apple Inc. has a 52-week low of $195.07 and a 52-week high of $316.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm’s revenue was up 16.6% compared to the same quarter last year. During the same period last year, the business posted $1.65 earnings per share. Equities research analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were given a $0.27 dividend. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio (DPR) is 13.06%.

More Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple’s WWDC keynote is expected to highlight a revamped Siri, Apple Intelligence updates, and a broader AI strategy, which could act as a near-term catalyst if the company shows meaningful progress. Will WWDC Drive Apple Stock (AAPL) Higher? Here’s What Analysts Expect
Positive Sentiment: Analysts remain constructive, with Citi reiterating a Buy and Wedbush reaffirming Outperform with a $400 target, citing Apple’s AI inflection point and resilient iPhone fundamentals. Asiya Merchant Reiterates Buy on Apple, Citing AI Strategy Inflection and Resilient iPhone Fundamentals
Positive Sentiment: Apple’s App Store update showed $1.4 trillion in sales and billings last year, reinforcing the scale of its Services ecosystem even as most transactions did not carry a commission. Apple touts $1.4 trillion in App Store billings and sales, 90% without a commission
Positive Sentiment: Foxconn raised its second-quarter outlook, a constructive signal for Apple’s supply chain and iPhone demand, since Foxconn is Apple’s top iPhone assembler. Taiwan’s Foxconn raises guidance for second-quarter outlook
Neutral Sentiment: Reports that Apple may rely on Google cloud infrastructure and Nvidia chips to power a redesigned Siri suggest the company is prioritizing speed to market, but they also underscore that Apple is leaning on outside partners for its AI push. Apple Taps Google to Prep Siri For September Revamp
Negative Sentiment: Some coverage warns that Apple still faces a high bar to justify its valuation, and UBS noted decelerating App Store growth could pressure the Services growth story if AI execution disappoints. Investors Should Worry About Apple’s (AAPL) Decelerating App Store Growth, Says UBS

Insiders Place Their Bets

In other news, SVP Deirdre O’brien sold 30,002 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the sale, the senior vice president directly owned 136,810 shares of the company’s stock, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 97,759 shares of company stock valued at $24,964,305. 0.06% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AAPL shares. UBS Group reaffirmed a “neutral” rating on shares of Apple in a research note on Wednesday. Morgan Stanley reaffirmed an “overweight” rating on shares of Apple in a research note on Monday, June 1st. DA Davidson reaffirmed a “neutral” rating and issued a $270.00 price target on shares of Apple in a research note on Friday, May 1st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $310.00 price target (up from $300.00) on shares of Apple in a research note on Friday, May 1st. Finally, Wedbush reaffirmed an “outperform” rating and issued a $400.00 price target on shares of Apple in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.82.

View Our Latest Research Report on AAPL

Apple Company Profile

(Free Report)

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.