Apple Inc. $AAPL Shares Purchased by TSG Advice Partners LLC

TSG Advice Partners LLC grew its stake in Apple Inc. (NASDAQ:AAPL) by 3.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,812 shares of the iPhone maker’s stock after buying an additional 2,098 shares during the period. Apple accounts for 2.5% of TSG Advice Partners LLC’s investment portfolio, making the stock its 13th largest holding. TSG Advice Partners LLC’s holdings in Apple were worth $16,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of AAPL. Center for Wealth Management Advisory increased its position in Apple by 0.4% during the first quarter. Center for Wealth Management Advisory now owns 15,584 shares of the iPhone maker’s stock worth $3,955,000 after buying an additional 66 shares during the period. BetterWealth LLC boosted its holdings in shares of Apple by 32.7% in the first quarter. BetterWealth LLC now owns 175,212 shares of the iPhone maker’s stock valued at $44,467,000 after acquiring an additional 43,131 shares during the period. Reliant Investment Management LLC boosted its holdings in shares of Apple by 0.9% in the first quarter. Reliant Investment Management LLC now owns 43,715 shares of the iPhone maker’s stock valued at $11,094,000 after acquiring an additional 410 shares during the period. 4Thought Financial Group Inc. purchased a new position in shares of Apple during the first quarter worth approximately $529,000. Finally, Root Financial Partners LLC grew its position in shares of Apple by 1.8% during the first quarter. Root Financial Partners LLC now owns 133,545 shares of the iPhone maker’s stock worth $33,892,000 after acquiring an additional 2,416 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research reports. Bank of America reiterated a “buy” rating and issued a $380.00 price target on shares of Apple in a research report on Thursday, June 18th. BNP Paribas Exane raised shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research report on Friday, April 17th. UBS Group restated a “buy” rating on shares of Apple in a research note on Tuesday, June 9th. TD Cowen upped their price objective on shares of Apple from $335.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Finally, Tigress Financial restated a “strong-buy” rating and issued a $375.00 target price (up from $305.00) on shares of Apple in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $316.32.

Insider Activity at Apple

In related news, CFO Kevan Parekh sold 1,534 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the sale, the chief financial officer owned 13,366 shares of the company’s stock, valued at approximately $3,675,650. This represents a 10.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ben Borders sold 116 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 2,924 shares of company stock worth $825,546 over the last quarter. Company insiders own 0.06% of the company’s stock.

Apple Stock Performance

NASDAQ:AAPL opened at $317.31 on Tuesday. The firm’s fifty day simple moving average is $300.47 and its 200-day simple moving average is $275.60. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market cap of $4.66 trillion, a PE ratio of 38.37, a price-to-earnings-growth ratio of 2.74 and a beta of 1.10. Apple Inc. has a fifty-two week low of $201.50 and a fifty-two week high of $323.45.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. During the same period in the prior year, the company earned $1.65 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. Analysts expect that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were given a $0.27 dividend. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio (DPR) is currently 13.06%.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Citi raised its price target on Apple to $365 from $315 and kept a Buy rating, saying Apple should keep gaining market share and may benefit from premium iPhone demand, selective price increases, and an upcoming iPhone 18 launch as a catalyst. Article Title
• Positive Sentiment: Several reports highlighted Apple’s stock hitting record highs, with analysts arguing the company is benefiting from relative restraint on AI spending versus peers and that investors still see more upside after the recent rally. Article Title
• Positive Sentiment: Apple was also tied to a reported acquisition of open-source observability developer SigScalr, which could support its internal data and software tooling efforts. Article Title
• Neutral Sentiment: News that Apple sued OpenAI over alleged trade-secret theft is generating headlines and could help Apple strategically if it protects future AI hardware plans, but it also adds legal uncertainty and keeps pressure on the company’s AI narrative. Article Title
• Neutral Sentiment: Commentary around Apple’s AI strategy, including reports that it may accelerate chip releases, reflects investor focus on whether the company can keep up in AI-enabled hardware without ramping spending as aggressively as rivals. Article Title
• Negative Sentiment: The OpenAI lawsuit could intensify Apple’s legal battles, including renewed scrutiny of App Store fees and broader competitive risks, which may create headline volatility even if the core business remains strong. Article Title

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.