Cottonwood Capital Advisors LLC Sells 4,325 Shares of Apple Inc. $AAPL

Cottonwood Capital Advisors LLC lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 40.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,343 shares of the iPhone maker’s stock after selling 4,325 shares during the period. Apple makes up 1.2% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 24th biggest position. Cottonwood Capital Advisors LLC’s holdings in Apple were worth $1,615,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Apple by 1.1% during the second quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker’s stock worth $290,506,933,000 after acquiring an additional 15,141,995 shares during the period. State Street Corp boosted its stake in Apple by 0.9% in the 2nd quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker’s stock worth $123,358,461,000 after purchasing an additional 5,224,229 shares during the period. Geode Capital Management LLC increased its holdings in Apple by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker’s stock worth $72,506,336,000 after purchasing an additional 4,942,638 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its stake in shares of Apple by 573,627.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 205,692,660 shares of the iPhone maker’s stock valued at $39,065,374,000 after purchasing an additional 205,656,808 shares during the period. Finally, Norges Bank acquired a new stake in shares of Apple in the 2nd quarter valued at about $38,942,255,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the sale, the insider directly owned 15,098 shares in the company, valued at approximately $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Robert W. Baird set a $300.00 price objective on Apple in a research report on Friday, October 31st. Rosenblatt Securities boosted their target price on Apple from $241.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. TD Cowen upped their price target on Apple from $275.00 to $325.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price objective (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $281.70.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Goldman Sachs urges buying the dip ahead of Apple’s Jan. 29 earnings, citing expected robust iPhone sales — a near-term analyst push that can drive short-term inflows. Read More.
• Positive Sentiment: MarketBeat argues Apple’s recent sell-off may be overdone and highlights extreme technical oversold signals plus strong fundamentals and buyback support — this framing can attract value buyers ahead of earnings. Read More.
• Positive Sentiment: Apple’s AI roadmap (Siri chatbot/Campos integration and reports of an AI wearable pin) remains a growth narrative investors are rewarding; new AI features could lift services and hardware ASPs over time. Read More.
• Positive Sentiment: Leadership signal — Apple broadened hardware chief John Ternus’s remit to include design work, underlining succession planning and operational continuity (a governance/continuity positive for long-term holders). Read More.
• Positive Sentiment: Supply-chain/localization update: Pegatron (Apple supplier) expects its first U.S. plant to be completed by end-March with trial production to follow — supports resilience and potential tariff/production flexibility. Read More.
• Positive Sentiment: Evercore ISI reaffirmed an Outperform on AAPL ahead of earnings, adding to institutional buy-side conviction that could underpin the stock into results. Read More.
• Neutral Sentiment: ETF concentration note — large passive funds (e.g., iShares OEF) hold elevated AAPL weightings; that increases index-driven flows but also concentration risk for funds. Read More.
• Neutral Sentiment: Long-term performance pieces and retrospectives (e.g., what $1k in AAPL looks like today) provide sentiment/context but are unlikely to move the stock near-term. Read More.
• Negative Sentiment: Regulatory/legal risk: Apple asked an Indian court to block the antitrust regulator from seeking global financial records in an app-store probe — the investigation itself is a headline regulatory risk that could weigh on sentiment until resolved. Read More.

Apple Trading Down 0.1%

Shares of Apple stock opened at $248.04 on Monday. The stock has a market cap of $3.65 trillion, a P/E ratio of 33.20, a P/E/G ratio of 2.31 and a beta of 1.09. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The business’s 50 day moving average is $269.45 and its 200-day moving average is $250.35.

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

Apple Announces Dividend

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