<div id="readability-page-1"><p>Watts Gwilliam &amp; Co. LLC lessened its holdings in  Apple Inc. (NASDAQ:AAPL - Free Report) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The firm owned 96,848 shares of the iPhone maker's stock after selling 5,000 shares during the period. Apple comprises approximately  3.4% of Watts Gwilliam &amp; Co. LLC's holdings, making the stock its 5th biggest position. Watts Gwilliam &amp; Co. LLC's holdings in Apple were worth $19,870,000 at the end of the most recent quarter.</p><ul><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li></ul><p>A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Ryan Investment Management Inc. bought a new position in  Apple in the 2nd quarter worth approximately $31,000.  ROSS JOHNSON &amp; Associates LLC increased its holdings in  Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON &amp; Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the last quarter.  Nexus Investment Management ULC boosted its holdings 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 purchasing an additional 200 shares during the last quarter.  LSV Asset Management purchased a new position in shares of  Apple during the fourth quarter valued at about $65,000.  Finally, Elite Financial Inc. bought a new stake in shares of  Apple in the first quarter worth about $58,000. Hedge funds and other institutional investors own  67.73% of the company's stock. </p><h2>Apple Price Performance</h2><p>AAPL opened at $274.61 on Wednesday. The stock has a market cap of $4.06 trillion, a P/E ratio of 36.76, a PEG ratio of 2.56 and a beta of 1.10. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The business has a fifty day moving average of $268.95 and a 200 day moving average of $238.34. </p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping the consensus estimate of $1.74 by $0.11. The company had revenue of $102.47 billion for the quarter, compared to the consensus estimate of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The firm's revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.64 EPS.  As a group, sell-side analysts anticipate that  Apple Inc. will post 7.28 EPS for the current year. </p><h2>Apple Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, November 10th. Apple's payout ratio is presently 13.92%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p>A number of equities analysts recently commented on the company. CLSA increased their price target on Apple from $265.00 to $330.00 and gave the company an &#34;outperform&#34; rating in a research note on Friday, December 5th. Rosenblatt Securities increased their target price on Apple from $241.00 to $250.00 and gave the company a &#34;neutral&#34; rating in a research report on Friday, October 31st. TD Cowen boosted their price target on shares of Apple from $275.00 to $325.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, October 31st. JPMorgan Chase &amp; Co. upped their price target on shares of Apple from $290.00 to $305.00 and gave the company an &#34;overweight&#34; rating in a research note on Friday, October 31st. Finally, Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Apple in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued  a Buy rating, eleven have given a Hold rating and one  has assigned  a Sell rating to the company's stock. Based on data from MarketBeat, Apple presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $282.82.</p><p><b>Check Out Our Latest Analysis on Apple</b></p><h2>Insider Activity at Apple</h2><p>In other news, SVP Katherine L. Adams sold 47,125 shares of the company's stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $256.79, for a total value of $12,101,228.75. Following the completion of the sale, the senior vice president owned 179,158 shares of the company's stock, valued at approximately $46,005,982.82. This represents a 20.83% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, CFO Kevan Parekh sold 4,199 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $247.39, for a total transaction of $1,038,790.61. Following the transaction, the chief financial officer owned 8,765 shares in the company, valued at approximately $2,168,373.35. This represents a 32.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 228,052 shares of company stock worth $58,604,588 over the last quarter. Corporate insiders own  0.06% of the company's stock. </p><h2>Apple Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Apple</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>AI Chips Can’t Exist Without These 2 Underrated Tech Giants</li><li>What Are Dividend Contenders? Investing in Dividend Contenders</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>Which Wall Street Analysts are the Most Accurate?</li><li>RTX Surges to Record Highs as Defense Orders Explode</li></ul><p><strong>Want to see what other hedge funds are holding AAPL?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUFQTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUFQTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Apple Right Now?</h2><p>Before you consider Apple, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.</p><p>While Apple currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AAPL

AAPB

AAPD

AAPU

AAPX

AAPY

APLY

<p>Watts Gwilliam & Co. LLC reduced its holdings in Apple Inc. by 4.9% in Q2, now owning 96,848 shares valued at $19.87 million. Apple remains its 5th largest position. Analysts have varied ratings on Apple, with a consensus target price of $282.82. The stock opened at $274.61, with a market cap of $4.06 trillion. Apple reported Q3 earnings of $1.85 per share, beating estimates, and announced a quarterly dividend of $0.26.</p>

- Watts Gwilliam & Co. LLC reduced its Apple Inc. holdings by 4.9% in Q2, owning 96,848 shares valued at approximately $19.87 million.  
- Other investors, such as Ryan Investment Management and ROSS JOHNSON & Associates, also adjusted their positions, with ROSS increasing its holdings by 1,800%.  
- Analysts have given Apple a "Moderate Buy" rating, with target prices varying from $250.00 to $330.00, despite recent insider sales of over 228,000 shares.

Market Beat

Apple

GraniteShares 2x Long AAPL Daily ETF

Direxion Daily AAPL Bear 1x Shares

Direxion Daily AAPL Bull 2X Shares

T-Rex 2X Long Apple Daily Target ETF

Kurv Yield Premium Strategy Apple Aapl ETF

YieldMax AAPL Option Income Strategy ETF

Watts Gwilliam & Co. LLC Has $19.87 Million Holdings in Apple Inc. $AAPL