<div id="readability-page-1"><p>Element Pointe Advisors LLC decreased its position in  Apple Inc. (NASDAQ:AAPL - Free Report) by 10.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,775 shares of the iPhone maker's stock after selling 1,841 shares during the quarter. Apple accounts for  0.8% of Element Pointe Advisors LLC's portfolio, making the stock its 16th biggest holding. Element Pointe Advisors LLC's holdings in Apple were worth $3,237,000 at the end of the most recent quarter.</p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Several other institutional investors and hedge funds also recently added to or reduced their stakes in AAPL. Financial Futures Ltd Liability Co. lifted its position in shares of  Apple by 13.2% during the second quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker's stock worth $729,000 after purchasing an additional 415 shares during the last quarter.  Bell &amp; Brown Wealth Advisors LLC raised its stake in  Apple by 0.4% in the first quarter. Bell &amp; Brown Wealth Advisors LLC now owns 62,001 shares of the iPhone maker's stock worth $13,772,000 after buying an additional 240 shares in the last quarter.  American National Bank &amp; Trust lifted its stake in shares of  Apple by 2.4% during the 2nd quarter. American National Bank &amp; Trust now owns 195,482 shares of the iPhone maker's stock worth $40,107,000 after purchasing an additional 4,543 shares during the last quarter.  Riverwater Partners LLC boosted its holdings in shares of  Apple by 17.9% in the 2nd quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker's stock valued at $1,109,000 after buying an additional 819 shares in the last quarter.  Finally, Andina Capital Management LLC grew its holdings in  Apple by 209.2% in the first quarter. Andina Capital Management LLC now owns 6,786 shares of the iPhone maker's stock worth $1,507,000 after purchasing an additional 4,591 shares during the last quarter. Hedge funds and other institutional investors own  67.73% of the company's stock. </p><h2>Apple Stock Up 0.1%</h2><p>Shares of NASDAQ AAPL opened at $278.28 on Monday. The business's 50 day moving average is $268.24 and its two-hundred day moving average is $237.28. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The firm has a market cap 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 company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. </p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><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 for the quarter, beating the consensus estimate of $1.74 by $0.11. The company had revenue of $102.47 billion during the quarter, compared to the consensus estimate of $101.65 billion. Apple had a return on equity of 164.05% and a net margin of 26.92%.Apple's revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 EPS.  Research analysts predict that  Apple Inc. will post 7.28 EPS for the current year. </p><h2>Apple Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were issued a dividend of $0.26 per share. The ex-dividend date was Monday, November 10th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple's dividend payout ratio  is 13.92%. </p><h2>Insider Transactions at Apple</h2><ul><li>Apple Stock Could Surge on Record iPhone Sales and Bold AI Strategy</li></ul><p>In related news, SVP Katherine L. Adams sold 47,125 shares of Apple 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 transaction, the senior vice president owned 179,158 shares in the company, valued at $46,005,982.82. The trade was a 20.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, SVP Deirdre O'brien sold 43,013 shares of the business's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $257.39, for a total transaction of $11,071,116.07. Following the transaction, the senior vice president owned 136,687 shares of the company's stock, valued at approximately $35,181,866.93. The trade was a 23.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 228,052 shares of company stock valued at $58,604,588 over the last quarter. Insiders own  0.06% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts have recently commented on AAPL shares. HSBC  set a $220.00 price objective on shares of Apple and gave the stock a &#34;hold&#34; rating in a research note on Monday, September 8th. Sanford C. Bernstein  set a $325.00 price objective on shares of Apple in a research report on Monday, November 3rd. Bank of America boosted their price target on shares of Apple from $270.00 to $320.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, October 29th. Melius lifted their price target on Apple from $290.00 to $345.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, October 31st. Finally, Tigress Financial increased their price objective on shares of Apple from $300.00 to $305.00 and gave the company a &#34;strong-buy&#34; rating in a report on Wednesday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued  a Buy rating, eleven have issued  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat, Apple presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $282.51.</p><p><b>Read Our Latest Report on Apple</b></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>See Also</h2><ul><li>Five stocks we like better than Apple</li><li>What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>What is a Dividend King? </li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><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>Element Pointe Advisors LLC reduced its stake in Apple Inc. by 10.5% in Q2, selling 1,841 shares. The fund now holds 15,775 shares worth $3,237,000, making Apple its 16th largest holding. Other institutional investors also adjusted their Apple holdings. Apple's stock opened at $278.28, with a market cap of $4.11 trillion. The company reported $1.85 EPS for the quarter, beating estimates, and announced a quarterly dividend of $0.26 per share. Insider transactions included significant stock sales by SVPs Katherine L. Adams and Deirdre O'Brien.</p>

- Element Pointe Advisors LLC reduced its stake in Apple Inc. by 10.5%, holding 15,775 shares valued at $3,237,000.  
- Other institutional investors, such as Financial Futures Ltd and Riverwater Partners LLC, increased their positions in Apple during the same period.  
- Apple reported earnings of $1.85 per share, exceeding estimates, and declared a quarterly dividend of $0.26 per share, reflecting a 0.4% yield.

Element Pointe Advisors LLC Sells 1,841 Shares of Apple Inc. $AAPL