Five Oceans Advisors Sells 3,744 Shares of Apple Inc. $AAPL

Five Oceans Advisors lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 13.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,018 shares of the iPhone maker’s stock after selling 3,744 shares during the quarter. Apple makes up about 3.1% of Five Oceans Advisors’ portfolio, making the stock its 9th biggest holding. Five Oceans Advisors’ holdings in Apple were worth $8,331,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Berkshire Hathaway Inc acquired a new stake in shares of Apple in the second quarter valued at about $65,950,297,000. Bank of America Corp DE acquired a new position in Apple during the second quarter worth about $36,986,090,000. Legal & General Group Plc acquired a new position in Apple during the second quarter worth about $30,443,242,000. Deutsche Bank AG purchased a new stake in Apple during the 2nd quarter valued at about $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Apple during the 2nd quarter valued at about $10,588,946,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Deirdre O’brien sold 46,389 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing 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. Also, insider Ben Borders sold 1,280 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the transaction, the insider owned 38,288 shares of the company’s stock, valued at approximately $13,224,675.20. This represents a 3.23% 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. Over the last three months, insiders sold 290,212 shares of company stock valued at $96,639,685. Insiders own 0.06% of the company’s stock.

Apple Trading Down 0.6%

NASDAQ AAPL opened at $348.56 on Wednesday. The firm has a market cap of $5.07 trillion, a PE ratio of 38.86, a P/E/G ratio of 3.38 and a beta of 1.07. Apple Inc. has a one year low of $243.42 and a one year high of $355.38. The firm’s fifty day moving average is $337.27 and its two-hundred day moving average is $299.52. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.94 and a current ratio of 1.02.

Apple (NASDAQ:AAPL) last posted its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. The firm had revenue of $114.48 billion for the quarter, compared to analyst estimates of $113.40 billion. Apple had a return on equity of 125.35% and a net margin of 27.60%. Apple’s revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.85 EPS. Analysts expect that Apple Inc. will post 9.44 earnings per share for the current year.

Apple Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have commented on AAPL shares. Rothschild & Co Redburn set a $400.00 price objective on shares of Apple and gave the company a “buy” rating in a report on Monday, August 17th. Jefferies Financial Group restated an “underperform” rating on shares of Apple in a report on Wednesday, September 9th. HSBC restated a “buy” rating on shares of Apple in a research report on Tuesday, October 27th. Piper Sandler initiated coverage on Apple in a report on Monday, August 17th. They issued an “overweight” rating for the company. Finally, China Renaissance downgraded Apple from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $329.00 to $280.00 in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Apple currently has a consensus rating of “Moderate Buy” and a consensus price target of $343.74.

More Apple News

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

About Apple

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.