<div id="readability-page-1"><p>Acas LLC decreased its position in shares of  Apple Inc. (NASDAQ:AAPL - Free Report) by 11.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,756 shares of the iPhone maker's stock after selling 4,756 shares during the quarter. Apple comprises approximately  5.2% of Acas LLC's investment portfolio, making the stock its 5th biggest holding. Acas LLC's holdings in Apple were worth $7,746,000 at the end of the most recent reporting period.</p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Several other large investors have also recently bought and sold shares of AAPL. Ryan Investment Management Inc. bought a new position in  Apple during the second quarter worth about $31,000.  ROSS JOHNSON &amp; Associates LLC raised its position in shares of  Apple by 1,800.0% during the first quarter. ROSS JOHNSON &amp; Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after purchasing an additional 180 shares during the period.  Nexus Investment Management ULC lifted 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 in the last quarter.  Elite Financial Inc. acquired a new position in shares of  Apple in the 1st quarter valued at approximately $58,000.  Finally, LSV Asset Management bought a new stake in  Apple during the 4th quarter worth approximately $65,000. Institutional investors own  67.73% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In other Apple news, SVP Katherine L. Adams sold 47,125 shares of the stock in a transaction 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 in the company, valued at $46,005,982.82. This trade represents a 20.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Timothy D. Cook sold 129,963 shares of Apple stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $256.81, for a total transaction of $33,375,798.03. Following the completion of the transaction, the chief executive officer directly owned 3,280,295 shares of the company's stock, valued at approximately $842,412,558.95. This trade represents a 3.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 228,052 shares of company stock valued at $58,604,588 in the last ninety days. 0.06% of the stock is currently owned by insiders. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p>A number of research analysts have weighed in on the stock. Wall Street Zen lowered shares of Apple from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Sunday, November 9th. Argus  set a $325.00 price objective on shares of Apple and gave the company a &#34;buy&#34; rating in a research report on Friday, October 31st. Cowen  reaffirmed a &#34;buy&#34; rating on shares of Apple in a research note on Monday, October 27th. Robert W. Baird  set a $300.00 price target on Apple in a research note on Friday, October 31st. Finally, Morgan Stanley boosted their price target on Apple from $298.00 to $305.00 and gave the company an &#34;overweight&#34; rating in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eleven have given a Hold rating and one  has given a Sell rating to the company. According to MarketBeat.com, Apple currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $282.51.</p><p><b>Check Out Our Latest Stock Analysis on AAPL</b></p><h2>Apple Price Performance</h2><ul><li>Apple Stock Could Surge on Record iPhone Sales and Bold AI Strategy</li></ul><p>Shares of NASDAQ AAPL opened at $278.28 on Friday. The stock has a market capitalization of $4.11 trillion, a price-to-earnings ratio of 37.25, a PEG ratio of 2.60 and a beta of 1.10. The business has a 50-day moving average of $268.24 and a 200-day moving average of $236.77. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.89 and a quick ratio of 0.86. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. </p><p>Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.11. Apple had a return on equity of 164.05% and a net margin of 26.92%.The business had revenue of $102.47 billion for the quarter, compared to analyst estimates of $101.65 billion. During the same quarter in the prior year, the company posted $1.64 earnings per share. Apple's revenue was up 8.7% on a year-over-year basis.  As a group, sell-side analysts predict that  Apple Inc. will post 7.28 earnings per share for the current fiscal year. </p><h2>Apple Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Stockholders 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 of this dividend was Monday, November 10th. Apple's dividend payout ratio  is presently 13.92%. </p><h2>About Apple</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>Read More</h2><ul><li>Five stocks we like better than Apple</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</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

<p>Acas LLC reduced its stake in Apple Inc. by 11.2% in Q2, selling 4,756 shares. The fund now holds 37,756 shares worth $7.75 million, making Apple its 5th largest holding. Several other investors also adjusted their Apple positions. Insiders sold 228,052 shares worth $58.6 million in the last 90 days. Analysts have mixed ratings on Apple, with an average target price of $282.51. Apple's stock opened at $278.28 on Friday, with a market cap of $4.11 trillion.</p>

- Acas LLC reduced its stake in Apple Inc. by 11.2% in Q2, holding 37,756 shares valued at $7,746,000.  
- Several institutional investors have recently adjusted their positions in Apple, with notable increases from ROSS JOHNSON & Associates LLC and Nexus Investment Management ULC.  
- Apple reported Q4 earnings of $1.85 per share, exceeding estimates, with revenue of $102.47 billion, and announced a quarterly dividend of $0.26.

Acas LLC Sells 4,756 Shares of Apple Inc. $AAPL