Professional Financial Advisors LLC Sells 3,150 Shares of Apple Inc. $AAPL

Professional Financial Advisors LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 25.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,125 shares of the iPhone maker’s stock after selling 3,150 shares during the period. Professional Financial Advisors LLC’s holdings in Apple were worth $2,640,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new stake in Apple during the 4th quarter valued at about $41,000. ROSS JOHNSON & Associates LLC lifted its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after buying an additional 180 shares in the last quarter. Timmons Wealth Management LLC purchased a new stake in shares of Apple during the fourth quarter valued at approximately $69,000. LSV Asset Management purchased a new stake in shares of Apple during the fourth quarter valued at approximately $65,000. Finally, Inspire Investing LLC bought a new stake in shares of Apple during the fourth quarter valued at approximately $76,000. 67.73% of the stock is currently owned by institutional investors.

Apple Price Performance

NASDAQ AAPL opened at $310.34 on Tuesday. The stock has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 35.59, a PEG ratio of 2.65 and a beta of 1.09. Apple Inc. has a 1-year low of $224.69 and a 1-year high of $344.57. 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 fifty day moving average price is $310.91 and its 200-day moving average price is $287.45.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data 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 return on equity of 135.46% and a net margin of 27.62%.Apple’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 earnings per share. On average, equities analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s dividend payout ratio is presently 12.39%.

Analyst Upgrades and Downgrades

AAPL has been the subject of a number of recent analyst reports. Raymond James Financial restated a “market perform” rating on shares of Apple in a report on Friday, July 31st. Seaport Research Partners lowered Apple from a “buy” rating to a “neutral” rating in a report on Monday, August 17th. Barclays restated an “underweight” rating and issued a $245.00 price target (down from $253.00) on shares of Apple in a research note on Friday, July 31st. Monness Crespi & Hardt increased their price objective on Apple from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group lowered Apple from a “buy” rating to an “underperform” rating and decreased their target price for the stock from $285.56 to $263.66 in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $330.53.

Insider Activity at Apple

In other Apple news, insider Ben Borders sold 116 shares of the company’s stock in a transaction that occurred on 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 sale, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total transaction of $442,478.11. Following the completion of the transaction, the senior vice president owned 38,668 shares in the company, valued at $11,890,023.32. The trade was a 3.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,994 shares of company stock worth $919,567 in the last quarter. Company insiders own 0.06% of the company’s stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s restrained infrastructure spending is increasingly viewed as an advantage while other large technology companies spend heavily on AI data centers. Investors appear to be rewarding the prospect of strong AI-related products without comparable capital-investment pressure. Apple Rises as Investors Flee the AI Spending Arms Race
• Positive Sentiment: Recent coverage highlighted Apple’s record quarterly performance, including earnings and revenue above analyst expectations. The results reinforce the company’s financial momentum and provide support for the stock. Q2 Earnings Season Winds Down: 3 Companies That Broke Records
• Positive Sentiment: Reports of a premium foldable iPhone expected in early September, along with a possible iPhone 18 cycle, are boosting expectations for a meaningful product refresh and higher average selling prices. However, memory shortages could also raise the device’s cost and weigh on demand. Apple to launch $2,000-plus foldable iPhone Ultra
• Positive Sentiment: Apple is reportedly developing a China-specific large language model with Alibaba’s support, potentially improving its ability to offer AI services in a strategically important market. Apple’s China AI Strategy
• Neutral Sentiment: Apple is cutting more than 200 positions in Siri, Vision Pro and related teams to redirect resources toward AI, smart glasses and other hardware. The move may improve long-term focus but also underscores weak Vision Pro traction and delays in Apple’s AI execution. Apple Cuts 200 Jobs in Siri and Vision Pro
• Negative Sentiment: Apple’s revised European App Store terms reduce its standard commission from 30% to 26% and set a 5% fee for alternative app-store transactions. While the changes could ease regulatory conflict, they pressure high-margin services revenue and reflect continuing EU scrutiny. Apple Cut Its Standard EU App Store Commission
• Negative Sentiment: Reports that Apple may source memory chips from China’s CXMT highlight ongoing supply constraints and could weaken the position of existing suppliers. For Apple, the move may lower costs, but it also introduces geopolitical, qualification and supply-chain risks. Memory Stocks Slide on Report Apple May Source Chinese Chips

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.