Apple Inc. (NASDAQ:AAPL) Shares Purchased by Flower City Capital

01 Aug 2025, 08:52 by Amy Steele · The Cerbat Gem

Flower City Capital lifted its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 23.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,103 shares of the iPhone maker’s stock after purchasing an additional 3,271 shares during the quarter. Apple accounts for 2.5% of Flower City Capital’s investment portfolio, making the stock its 7th largest holding. Flower City Capital’s holdings in Apple were worth $3,799,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AAPL. Tallon Kerry Patrick bought a new stake in Apple during the 4th quarter worth approximately $1,877,000. First National Bank of Hutchinson boosted its position in shares of Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock valued at $8,845,000 after buying an additional 6,982 shares during the last quarter. Capital & Planning LLC grew its holdings in Apple by 10.7% during the fourth quarter. Capital & Planning LLC now owns 27,298 shares of the iPhone maker’s stock worth $6,836,000 after buying an additional 2,647 shares in the last quarter. Eagle Capital Management LLC raised its position in Apple by 0.5% in the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after buying an additional 272 shares during the last quarter. Finally, Brighton Jones LLC raised its position in Apple by 14.8% in the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after buying an additional 69,207 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple Stock Performance

NASDAQ:AAPL opened at $207.57 on Friday. The stock has a market cap of $3.10 trillion, a P/E ratio of 32.33, a PEG ratio of 2.30 and a beta of 1.20. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 1.18. The business’s 50-day moving average price is $205.22 and its two-hundred day moving average price is $213.98. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $260.10.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The iPhone maker reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.14. Apple had a net margin of 24.30% and a return on equity of 167.24%. The company had revenue of $94.04 billion for the quarter, compared to analysts’ expectations of $88.64 billion. During the same period in the prior year, the business earned $1.40 earnings per share. Apple’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, equities analysts predict that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple announced that its board has authorized a share buyback plan on Thursday, May 1st that permits the company to buyback $100.00 billion in outstanding shares. This buyback authorization permits the iPhone maker to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Monday, August 11th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Apple’s dividend payout ratio (DPR) is currently 16.20%.

Insider Buying and Selling at Apple

In other news, insider Chris Kondo sold 4,486 shares of Apple stock in a transaction on Monday, May 12th. The shares were sold at an average price of $208.19, for a total transaction of $933,940.34. Following the completion of the sale, the insider directly owned 15,533 shares of the company’s stock, valued at approximately $3,233,815.27. The trade was a 22.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AAPL shares. Raymond James Financial reduced their target price on shares of Apple from $250.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, April 30th. The Goldman Sachs Group restated a “buy” rating on shares of Apple in a report on Wednesday, May 21st. Evercore ISI increased their price objective on shares of Apple to $250.00 and gave the company a “buy” rating in a research note on Friday, June 6th. DA Davidson boosted their target price on Apple from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. increased their price target on Apple from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.94.

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