Apple (NASDAQ:AAPL) SVP Jennifer Newstead Sells 1,439 Shares of Stock

Apple Inc. (NASDAQ:AAPL) SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $307.75, for a total value of $442,852.25. Following the completion of the sale, the senior vice president directly owned 40,107 shares in the company, valued at $12,342,929.25. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Apple Price Performance

Shares of Apple stock opened at $305.26 on Friday. The firm has a market cap of $4.46 trillion, a PE ratio of 35.01, a PEG ratio of 2.59 and a beta of 1.09. The stock has a 50 day moving average of $309.00 and a 200 day moving average of $285.04. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. Apple Inc. has a 12 month low of $223.78 and a 12 month high of $344.57.

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

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio (DPR) is 12.39%.

Institutional Trading of Apple

Institutional investors and hedge funds have recently modified their holdings of the stock. First National Bank of Hutchinson raised its holdings in shares of Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock valued at $8,845,000 after acquiring an additional 6,982 shares in the last quarter. Eagle Capital Management LLC grew its holdings in Apple by 0.5% during the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock worth $13,544,000 after acquiring an additional 272 shares in the last quarter. Brighton Jones LLC increased its position in Apple by 14.8% during the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after purchasing an additional 69,207 shares during the period. Revolve Wealth Partners LLC increased its position in Apple by 4.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock valued at $16,742,000 after purchasing an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE raised its holdings in shares of Apple by 2.4% in the 4th quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock valued at $12,587,000 after purchasing an additional 1,155 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly training a China-specific large language model with support from Alibaba after receiving regulatory approval. The move could help Apple Intelligence reach Chinese users, strengthen its position against Huawei and reduce reliance on third-party AI models in a strategically important market. Apple trains its own AI model for China market
• Positive Sentiment: Apple opened a 20,000-square-foot advanced manufacturing center in Houston, where it plans to assemble Mac mini computers and produce advanced AI servers. The facility supports domestic manufacturing, workforce training and the company’s broader U.S. investment commitments, potentially improving government relations and supply-chain resilience. Apple opens Houston manufacturing facility
• Positive Sentiment: Apple reportedly received approximately $2.2 billion from the broader tariff-refund program. The cash recovery could support near-term earnings and partially offset tariff-related costs. S&P 500 companies claim tariff refunds
• Positive Sentiment: Apple is discussing usage-based content agreements with publishers to improve an upgraded Siri’s access to current information. A more capable assistant could help close Apple’s perceived AI gap and support future services monetization, although licensing costs may rise. Apple in talks to pay publishers to improve Siri
• Neutral Sentiment: Sovereign wealth fund Norges Bank reportedly holds Apple as its second-largest global position, valued at 522 billion Norwegian kroner, while Sands Capital increased its stake. These disclosures reinforce institutional support but are not direct changes to Apple’s operations. Norway fund reveals Apple position
• Negative Sentiment: Google’s Pixel 11 places Gemini deeply into the smartphone experience ahead of Apple’s rebuilt Siri, raising concerns that Apple could lose AI momentum during the next iPhone cycle. Google Pixel 11 intensifies AI phone competition
• Negative Sentiment: Memory and other component costs are increasing, threatening gross margins even if iPhone demand remains strong. Jefferies also cut its price target, citing insufficient product and AI momentum to justify Apple’s premium valuation. Jefferies cuts Apple price target

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company reiterated an “overweight” rating and set a $350.00 price objective (up from $310.00) on shares of Apple in a research report on Friday, July 31st. Royal Bank Of Canada set a $365.00 target price on Apple in a report on Wednesday, July 15th. UBS Group reissued a “neutral” rating on shares of Apple in a research report on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and issued a $360.00 price target (down from $370.00) on shares of Apple in a research report on Friday, July 31st. Finally, Oppenheimer reiterated a “market perform” rating on shares of Apple in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Apple currently has a consensus rating of “Moderate Buy” and an average price target of $328.60.

Apple Company Profile

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.