Eastover Investment Advisors LLC Sells 2,545 Shares of Apple Inc. $AAPL

Eastover Investment Advisors LLC lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,747 shares of the iPhone maker’s stock after selling 2,545 shares during the period. Apple makes up 5.6% of Eastover Investment Advisors LLC’s portfolio, making the stock its 2nd biggest position. Eastover Investment Advisors LLC’s holdings in Apple were worth $12,922,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AAPL. Ryan Investment Management Inc. bought a new stake in Apple in the 2nd quarter valued at approximately $31,000. ROSS JOHNSON & Associates LLC increased its stake in 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 buying an additional 180 shares during the last quarter. Nexus Investment Management ULC lifted its position in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock worth $53,000 after buying an additional 200 shares in the last quarter. Elite Financial Inc. bought a new stake in Apple during the 1st quarter worth about $58,000. Finally, LSV Asset Management acquired a new position in shares of Apple during the 4th quarter worth about $65,000. 67.73% of the stock is owned by institutional investors.

Insider Activity at Apple

In related news, SVP Deirdre O’brien sold 43,013 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $257.39, for a total value of $11,071,116.07. Following the completion of the sale, the senior vice president directly owned 136,687 shares in the company, valued at $35,181,866.93. The trade was a 23.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Chris Kondo sold 3,752 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $271.23, for a total value of $1,017,654.96. Following the transaction, the insider owned 15,098 shares in the company, valued at $4,095,030.54. The trade was a 19.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 228,052 shares of company stock valued at $58,604,588. Insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AAPL. Monness Crespi & Hardt upped their target price on Apple from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Melius Research set a $345.00 price target on Apple in a research report on Friday, October 31st. Phillip Securities cut Apple from a “hold” rating to a “moderate sell” rating and set a $200.00 price objective on the stock. in a research note on Thursday, September 11th. Tigress Financial raised their target price on shares of Apple from $300.00 to $305.00 and gave the company a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Apple from $290.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $283.92.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Analyst bullishness and price-target lifts are supporting momentum — Evercore ISI recently raised its price target, adding buy-side validation to Apple’s rally. Evercore ISI raises PT on Apple (AAPL) stock
• Positive Sentiment: Macro/strategy pieces argue 2026 could be a breakout year for Apple (AI roadmap + resilient iPhone sales), which supports longer-term investor demand and multiple expansion. Why 2026 May Be Apple’s Year
• Positive Sentiment: Large tech buybacks remain a market tailwind; Apple is part of the broader buyback-driven support in the sector that can buoy share price and EPS. These Techs Had The Biggest Stock Buybacks In Q3. What To Expect In 2026.
• Neutral Sentiment: Search and retail interest in AAPL is elevated (Zacks notes heavy investor searches), which can increase short-term liquidity and volatility but doesn’t guarantee direction. Investors Heavily Search Apple Inc. (AAPL): Here is What You Need to Know
• Neutral Sentiment: Political/private buying flows: a congressman’s continued purchases of Magnificent Seven names underscores retail/insider demand themes but is not a company-specific fundamental change. Congressman Can’t Stop Buying Magnificent 7 Stocks: These Are His Latest Picks
• Neutral Sentiment: Apple updated its developer agreement to allow recouping unpaid fees from in‑app transactions — that helps protect cash flows but may increase developer friction and headlines. Apple becomes a debt collector with its new developer agreement
• Negative Sentiment: Japan’s Mobile Software Competition Act forced Apple to allow alternative app stores and off‑platform payments there — a direct threat to App Store commission revenue and a regulatory precedent. Investors worry this could roll into other markets. Apple opens iPhone to alternative app stores in Japan
• Negative Sentiment: Regulatory pushback in Europe and criticism from apps groups over Apple’s DMA implementation add uncertainty and potential fee-reduction pressure beyond Japan. Apple stock (AAPL) slides as European apps group slams its DMA-dodging exorbitant fees
• Negative Sentiment: Prediction-market chatter that Alphabet could leapfrog Apple on market cap highlights competitive risk and can sap sentiment for mega-cap incumbents if sustained. Prediction market suggests Alphabet’s market cap can leapfrog Apple’s, Nvidia’s

Apple Trading Up 0.5%

Shares of Apple stock opened at $273.67 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.89 and a quick ratio of 0.86. The business has a fifty day simple moving average of $270.16 and a two-hundred day simple moving average of $239.56. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The company has a market capitalization of $4.04 trillion, a price-to-earnings ratio of 36.64, a P/E/G ratio of 2.56 and a beta of 1.10.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.11. The company had revenue of $102.47 billion for the quarter, compared to analyst estimates of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.64 earnings per share. Research analysts forecast that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were given a dividend of $0.26 per share. The ex-dividend date was Monday, November 10th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple’s dividend payout ratio (DPR) is 13.92%.

Apple 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.