Apple Inc. $AAPL Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lessened its holdings in Apple Inc. (NASDAQ:AAPL) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 271,623 shares of the iPhone maker’s stock after selling 5,815 shares during the period. Apple accounts for 4.6% of Beaumont Financial Advisors LLC’s holdings, making the stock its biggest position. Beaumont Financial Advisors LLC’s holdings in Apple were worth $69,163,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. ROSS JOHNSON & Associates LLC grew its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares during the last quarter. Nexus Investment Management ULC lifted its position in shares of Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after acquiring an additional 200 shares during the period. LSV Asset Management bought a new position in shares of Apple during the 4th quarter worth about $65,000. Morgan Dempsey Capital Management LLC grew its stake in Apple by 41.0% in the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock valued at $88,000 after acquiring an additional 125 shares during the period. Finally, HFM Investment Advisors LLC bought a new position in shares of Apple in the first quarter valued at $99,000. 67.73% of the stock is owned by institutional investors.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Quarterly beat — Apple reported revenue of ~$143.8B and EPS $2.84, topping Street estimates and showing 16% revenue growth driven largely by iPhone strength. Reuters: Apple sales, profit beat
• Positive Sentiment: Upbeat guidance on margins — Management projected gross margins above expectations for the next quarter, reassuring investors that Apple can absorb higher memory costs through product mix and pricing. MarketWatch: Tim Cook addresses margin question
• Positive Sentiment: iPhone, China and installed base tailwinds — Record iPhone revenue (~$85B) and a big China rebound (double‑digit growth) plus an active installed base above 2.5B support services and upgrade opportunity. Benzinga: iPhone demand and installed base
• Neutral Sentiment: AI M&A signals intent — Apple bought audio‑AI startup Q.ai, strengthening its audio/voice AI capabilities, but the deal provides strategic signal more than immediate revenue upside. TechCrunch: Apple acquires Q.ai
• Neutral Sentiment: Services growth held up but was broadly in line with expectations, so the quarter’s upside was driven mainly by hardware mix rather than a surprise services acceleration. MarketBeat: Earnings and call transcript
• Negative Sentiment: Supply constraints — Apple said it couldn’t fully satisfy iPhone demand because of chip constraints, implying some near‑term upside was supply‑limited rather than demand‑capped. CNBC: Apple can’t secure enough chips
• Negative Sentiment: Rising component costs — Analysts flagged higher memory prices and cost pressure; investors remain watchful whether margin guidance can hold if input costs continue to climb. WSJ: Investors focus on higher costs
• Negative Sentiment: AI clarity still limited — Management declined to add material detail on broader AI strategy and how Gemini/partnered models will monetize at scale, leaving an open question for longer‑term growth expectations. TalkMarkets: Can Apple shake off AI struggles?

Wall Street Analysts Forecast Growth

A number of analysts have commented on AAPL shares. CLSA boosted their price objective on Apple from $265.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. The Goldman Sachs Group reiterated a “buy” rating on shares of Apple in a report on Wednesday, December 3rd. Rosenblatt Securities raised their price objective on Apple from $241.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Sanford C. Bernstein set a $325.00 price objective on shares of Apple in a report on Monday, November 3rd. Finally, Jefferies Financial Group set a $276.47 target price on shares of Apple and gave the company a “hold” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Apple has a consensus rating of “Moderate Buy” and an average price target of $282.80.

Insider Activity

In other Apple news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.06% of the company’s stock.

Apple Stock Up 0.7%

AAPL stock opened at $258.28 on Friday. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The stock has a fifty day moving average of $268.62 and a 200-day moving average of $251.07. The company has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 34.58, a PEG ratio of 2.39 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.19. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. As a group, equities research analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

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.