Hollow Brook Wealth Management LLC Sells 5,400 Shares of Apple Inc. $AAPL

Hollow Brook Wealth Management LLC reduced its position in Apple Inc. (NASDAQ:AAPL) by 12.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 36,912 shares of the iPhone maker’s stock after selling 5,400 shares during the quarter. Apple makes up approximately 2.6% of Hollow Brook Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Hollow Brook Wealth Management LLC’s holdings in Apple were worth $10,035,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sellwood Investment Partners LLC raised its holdings in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after buying an additional 71 shares during the period. ROSS JOHNSON & Associates LLC increased its holdings in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. Timmons Wealth Management LLC bought a new stake in shares of Apple in the 4th quarter valued at approximately $69,000. LSV Asset Management bought a new stake in shares of Apple in the 4th quarter valued at approximately $65,000. Finally, PayPay Securities Corp increased its holdings in shares of Apple by 52.1% in the 4th quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker’s stock valued at $99,000 after acquiring an additional 125 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Apple Trading Up 1.0%

NASDAQ:AAPL opened at $299.24 on Wednesday. Apple Inc. has a 12-month low of $195.07 and a 12-month high of $317.40. The firm has a market capitalization of $4.40 trillion, a P/E ratio of 36.18, a P/E/G ratio of 2.58 and a beta of 1.09. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The business has a 50 day simple moving average of $287.32 and a 200 day simple moving average of $272.54.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the previous year, the firm posted $1.65 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts predict that Apple Inc. will post 8.75 EPS for the current year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a dividend of $0.27 per share. The ex-dividend date was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is presently 13.06%.

Insider Buying and Selling

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $290.00, for a total value of $369,460.00. Following the transaction, the insider owned 38,713 shares of the company’s stock, valued at $11,226,770. This trade represents a 3.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 97,759 shares of company stock worth $24,964,305. 0.06% of the stock is owned by company insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly preparing a major 2027 product push featuring camera-equipped AirPods, AI sunglasses, a foldable iPhone, and a 20th-anniversary iPhone, which could reignite hardware growth. Apple (AAPL) Plans Camera AirPods and a Foldable iPhone for 2027 in Major Product Push
• Positive Sentiment: Wall Street remains upbeat after WWDC, with TD Cowen and Maxim reiterating bullish views and raising the price target, arguing Apple’s AI rollout is still in the early stages. Qualcomm Is Eyeing a Massive AI Pivot. Why Wall Street Is Still Cautious.
• Positive Sentiment: Investors are also encouraged by commentary that AI could strengthen Apple’s long-term bull case, since the company controls the device, operating system, and ecosystem where AI features will be delivered. AI Strengthens Apple (AAPL) Stock’s Bull Case
• Neutral Sentiment: Apple’s supplier Tata Electronics said India’s pollution board dropped scrutiny of its iPhone parts plant after contamination concerns were addressed, removing a near-term operational distraction. Tata says India pollution board drops scrutiny of Apple iPhone parts plant
• Neutral Sentiment: Apple is also facing a new Italy antitrust probe over cloud interoperability under the Digital Markets Act, which adds regulatory noise but is not yet a quantified financial hit. Italy’s antitrust regulator probes Apple over cloud services under Digital Market rules
• Negative Sentiment: Some reports say Apple was not fully able to meet investor expectations on AI at WWDC, and skepticism around near-term execution is weighing on sentiment. Here’s Why Apple Inc (AAPL) Is Falling Despite AI Advancements at WWDC 2026
• Negative Sentiment: Apple is reportedly planning changes to its Hide My Email privacy feature, which could make anonymous sign-ups easier to block and may be viewed as a privacy tradeoff. Apple plans to change its Hide My Email privacy feature that could make it less effective

Analyst Upgrades and Downgrades

AAPL has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of Apple in a report on Monday, June 1st. Rosenblatt Securities reiterated a “neutral” rating and issued a $276.00 price target on shares of Apple in a report on Tuesday, June 9th. KeyCorp reiterated a “sector weight” rating on shares of Apple in a report on Tuesday, June 9th. Stifel Nicolaus set a $330.00 price target on Apple in a report on Monday, March 2nd. Finally, Tigress Financial reiterated a “strong-buy” rating and issued a $375.00 price target (up from $305.00) on shares of Apple in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $314.59.

About Apple

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.