Elevatus Welath Management Sells 2,897 Shares of Apple Inc. $AAPL

Elevatus Welath Management decreased its position in shares of Apple Inc. (NASDAQ:AAPL) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,901 shares of the iPhone maker’s stock after selling 2,897 shares during the quarter. Apple makes up about 3.1% of Elevatus Welath Management’s holdings, making the stock its 6th largest position. Elevatus Welath Management’s holdings in Apple were worth $11,391,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in AAPL. Isthmus Partners LLC grew its holdings in shares of Apple by 6.4% during the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after purchasing an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC grew its holdings in shares of Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after purchasing an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC grew its holdings in shares of Apple by 1,800.0% during 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. LSV Asset Management purchased a new position in shares of Apple during the fourth quarter worth about $65,000. Finally, 49 Wealth Management LLC grew its holdings in shares of Apple by 15.7% during the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock worth $76,000 after purchasing an additional 40,543 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Buying and Selling

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer owned 3,280,418 shares of the company’s stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O’brien sold 30,002 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.06% of the stock is currently owned by insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Billionaire endorsement — High-profile investors (Warren Buffett and Ken Griffin) are publicly favoring Apple, which supports a quality-growth bid and can attract institutional flows. Here’s Why Warren Buffett and Ken Griffin Love Apple (AAPL)
• Positive Sentiment: Product/analyst catalyst — Bank of America reiterates a Buy and flags the new, lower‑priced MacBook Neo as a growth lever that could expand market share and improve revenue mix; BofA’s $320 target implies upside from current levels. Apple MacBook Neo could expand market reach, says Bank of America
• Positive Sentiment: ETF/market tailwind — Momentum in the Nasdaq/QQQ (where Apple is a top holding) and positive technical/earnings signals for big tech are creating broader buying support for AAPL. 5 Reasons the Invesco QQQ ETF Could Be Headed for a Triple-Digit Rally (AAPL)
• Neutral Sentiment: App-store dynamics — A new wave of App Store submissions (driven by so‑called “vibe coding”) signals developer activity and innovation, but monetization and long-term benefit to Apple’s services revenue remain uncertain. The Apple App store is seeing an unexpected phenomenon. Is vibe coding behind it?
• Negative Sentiment: Supreme Court appeal — Apple is asking the U.S. Supreme Court to review additional aspects of the Epic Games App Store case; extended litigation and potential fee restrictions remain a material legal overhang. Apple plans Supreme Court appeal in Epic Games App Store battle — again
• Negative Sentiment: China patent ruling risk — A Chinese court ruling upholding key AI patents in a dispute with Xiao‑I ratchets legal risk and uncertainty for Apple in China; this raises potential exposure and licensing/dispute costs. Xiao-I (AIXI) jumps 166.9% as investors react to China top-court ruling upholding key AI patents in Apple dispute
• Negative Sentiment: Regulatory pushback in China — Apple temporarily activated then pulled Apple Intelligence features in China; regulators are scrutinizing AI services and approvals, adding execution risk for AI rollouts in a key market. Apple China AI Setback Puts Regulatory Risk In Investor Focus
• Negative Sentiment: Insider selling — Filings show CEO Tim Cook sold company stock recently; while common for planned sales, such moves often attract short‑term attention from investors. Apple (AAPL) CEO Tim Cook Is Selling Company Stock

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. TD Cowen reaffirmed a “buy” rating and set a $325.00 price objective on shares of Apple in a report on Friday, January 30th. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a report on Friday, January 30th. Bank of America dropped their price objective on Apple from $325.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Citigroup reaffirmed a “buy” rating and set a $315.00 price objective (down from $330.00) on shares of Apple in a report on Tuesday, January 20th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Apple in a report on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $297.58.

Apple Stock Performance

NASDAQ AAPL opened at $258.86 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The business’s 50-day moving average price is $260.74 and its 200 day moving average price is $263.70. The firm has a market cap of $3.80 trillion, a P/E ratio of 32.73, a P/E/G ratio of 2.42 and a beta of 1.11.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. During the same quarter last year, the company posted $2.40 earnings per share. The business’s revenue was up 15.7% on a year-over-year basis. On average, equities research analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio (DPR) is currently 13.15%.

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.