Apple Inc. $AAPL Stock Position Decreased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC lowered its holdings in Apple Inc. (NASDAQ:AAPL) by 3.4% in the third quarter, HoldingsChannel reports. The firm owned 265,866 shares of the iPhone maker’s stock after selling 9,398 shares during the quarter. Apple makes up approximately 9.9% of SeaCrest Wealth Management LLC’s holdings, making the stock its biggest holding. SeaCrest Wealth Management LLC’s holdings in Apple were worth $88,539,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in AAPL. Avenir Tech Ltd purchased a new stake in shares of Apple during the second quarter worth $29,000. Longfellow Investment Management Co. LLC purchased a new position in Apple in the second quarter valued at $30,000. Ironwood Wealth Management Inc. purchased a new position in Apple in the third quarter valued at $34,000. Ascentis Wealth Management LLC boosted its holdings in Apple by 822.7% in the second quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker’s stock valued at $85,000 after purchasing an additional 260,792 shares during the period. Finally, Bamco Inc. NY acquired a new position in Apple during the 2nd quarter worth $118,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $332.01, for a total value of $796,491.99. Following the transaction, the senior vice president directly owned 39,593 shares in the company, valued at approximately $13,145,271.93. This trade represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the sale, the senior vice president owned 136,810 shares of the company’s stock, valued at $45,615,190.20. This trade represents a 25.32% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 290,212 shares of company stock worth $96,639,685. Corporate insiders own 0.06% of the company’s stock.

Apple Trading Down 0.6%

AAPL opened at $348.56 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 0.61. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $355.38. The business’s 50 day moving average is $337.27 and its two-hundred day moving average is $299.52. The firm has a market cap of $5.07 trillion, a price-to-earnings ratio of 38.86, a price-to-earnings-growth ratio of 3.38 and a beta of 1.07.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.11. The business had revenue of $114.48 billion during the quarter, compared to the consensus estimate of $113.40 billion. Apple had a return on equity of 125.35% and a net margin of 27.60%. The company’s revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.85 earnings per share. On average, research analysts predict that Apple Inc. will post 9.44 EPS for the current year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Thursday, November 12th will be paid a dividend of $0.27 per share. The ex-dividend date is Thursday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is currently 12.04%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple has held up better than many Big Tech peers and recently reached record territory, with investors appearing to favor its restrained AI infrastructure spending compared with peers’ heavy investment. That approach may help preserve cash and margins, though it also raises questions about its AI competitiveness. Apple Is Holding Strong While Big Tech Sells Off. Is It Next?
• Positive Sentiment: Apple Intelligence cleared a regulatory step for use on tablets and laptops in China, potentially expanding the service’s reach in a key market. Apple Intelligence registers with Chinese regulator
• Neutral Sentiment: Apple is reportedly holding capital spending steady while rivals accelerate AI infrastructure investment. This could support cash generation, but investors may also question whether the company is investing enough to keep pace in AI. Apple holds capex steady as peers accelerate AI infrastructure buildout
• Negative Sentiment: Binance warned that an iOS vulnerability could allow malicious apps to access data from other apps, potentially exposing crypto-wallet keys and credentials. Uncertainty over affected versions and whether updates resolve the flaw could create security and reputational concerns. Binance warns iOS flaw could expose crypto wallet keys
• Negative Sentiment: Reports of worker deaths at an Indian supplier and an ensuing investigation raise potential supply-chain, operational and reputational risks as Apple expands manufacturing in India. Apple faces major supplier investigation after 3 worker deaths
• Negative Sentiment: Valuation concerns and a reported memory-cost squeeze could pressure expectations. KeyCorp also cut its fiscal 2027 EPS forecast to $8.34 from $9.08 and maintains an Underweight rating with a $250 price target, well below the consensus forecast cited in the report. Apple Is Above $5 Trillion After Its First-Ever Close Above $350

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AAPL shares. Evercore restated an “outperform” rating on shares of Apple in a report on Tuesday, October 27th. Loop Capital downgraded Apple from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $370.00 to $330.00 in a research report on Tuesday, October 20th. Maxim Group boosted their price objective on Apple from $350.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Sanford C. Bernstein upped their target price on shares of Apple from $370.00 to $380.00 and gave the stock a “buy” rating in a research note on Wednesday, November 4th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Apple in a report on Wednesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Apple has an average rating of “Moderate Buy” and an average price target of $343.74.

Apple Profile

Apple Inc. designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS. The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world. Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.