Apple Inc. (NASDAQ:AAPL) Shares Purchased by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC boosted its stake in shares of Apple Inc. (NASDAQ:AAPL) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 297,502 shares of the iPhone maker’s stock after purchasing an additional 286 shares during the quarter. Apple accounts for approximately 4.4% of Moody Lynn & Lieberson LLC’s holdings, making the stock its 3rd biggest position. Moody Lynn & Lieberson LLC’s holdings in Apple were worth $57,278,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wyrmwood Management LLC raised its stake in Apple by 69.0% during the 4th quarter. Wyrmwood Management LLC now owns 169 shares of the iPhone maker’s stock valued at $33,000 after purchasing an additional 69 shares during the last quarter. Gilfoyle & Co LLC raised its stake in Apple by 118.0% during the 4th quarter. Gilfoyle & Co LLC now owns 218 shares of the iPhone maker’s stock valued at $40,000 after purchasing an additional 118 shares during the last quarter. PayPay Securities Corp raised its stake in Apple by 70.2% during the 3rd quarter. PayPay Securities Corp now owns 509 shares of the iPhone maker’s stock valued at $87,000 after purchasing an additional 210 shares during the last quarter. Cordant Inc. raised its stake in Apple by 27.7% during the 3rd quarter. Cordant Inc. now owns 645 shares of the iPhone maker’s stock valued at $110,000 after purchasing an additional 140 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new position in Apple during the 4th quarter valued at $132,000. 60.41% of the stock is currently owned by institutional investors and hedge funds.

Apple Stock Performance

Apple stock opened at $169.30 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 1.28. Apple Inc. has a 1 year low of $164.07 and a 1 year high of $199.62. The company has a market cap of $2.61 trillion, a PE ratio of 26.37, a PEG ratio of 2.05 and a beta of 1.27. The company’s 50-day moving average is $173.04 and its two-hundred day moving average is $181.81.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, February 1st. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.09. Apple had a net margin of 26.16% and a return on equity of 156.04%. The company had revenue of $119.60 billion for the quarter, compared to the consensus estimate of $117.99 billion. During the same period in the prior year, the company posted $1.88 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that Apple Inc. will post 6.54 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Monday, February 12th were given a dividend of $0.24 per share. The ex-dividend date was Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a yield of 0.57%. Apple’s payout ratio is presently 14.95%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AAPL. Rosenblatt Securities reissued a “neutral” rating and issued a $189.00 price target on shares of Apple in a report on Tuesday, March 5th. DA Davidson began coverage on shares of Apple in a report on Wednesday, January 3rd. They issued a “neutral” rating and a $166.00 price target on the stock. Robert W. Baird boosted their price target on shares of Apple from $186.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Wedbush reissued an “outperform” rating and issued a $250.00 price target on shares of Apple in a report on Tuesday, April 9th. Finally, Barclays reissued an “underweight” rating and issued a $158.00 price target on shares of Apple in a report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $203.05.

Insider Buying and Selling at Apple

In related news, Director Arthur D. Levinson sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $180.94, for a total value of $18,094,000.00. Following the sale, the director now directly owns 4,434,576 shares in the company, valued at approximately $802,392,181.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, COO Jeffrey E. Williams sold 59,162 shares of the stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $172.22, for a total value of $10,188,879.64. Following the sale, the chief operating officer now directly owns 489,944 shares in the company, valued at approximately $84,378,155.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Arthur D. Levinson sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $180.94, for a total transaction of $18,094,000.00. Following the sale, the director now owns 4,434,576 shares in the company, valued at $802,392,181.44. The disclosure for this sale can be found here. In the last three months, insiders have sold 366,271 shares of company stock worth $63,653,887. Company insiders own 0.06% of the company’s stock.

Apple Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.