By james art 
Chesapeake Wealth Management has reduced its share in the shares of Apple Inc. (NASDAQ: AAPL – Free Report) with 1.4% in the 3rd quarter, according to its last submission to the Securities and Exchange Commission. The institutional investor holds 49 403 shares of the iPhone manufacturer after selling 695 shares in the quarter. Apple makes up about 3.9% of Chesapeake Wealth Management’s portfolio, which makes the action 3rd. The Chesapeake Wealth Management stock in Apple was worth $ 11,511,000 from its last submission to the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in AAPL. Bull Oak Capital LLC increased its participation in Apple by 252.3% in the third quarter. Bull Oak Capital LLC already holds 155 shares of the iPhone manufacturer’s shares worth $ 36,000 after she has acquired an additional 111 shares in the last quarter. Hershey Financial Advisers LLC has purchased a new share in Apple shares in the second quarter worth $ 42,000. Christopher J. Hasenberg Inc increased its position in Apple shares by 88.9% in the 3rd quarter. Christopher J. Hasenberg Inc already holds 306 shares from the iPhone manufacturer’s stock worth $ 69,000 after the purchase of an additional 144 shares in the last quarter. Ark Investment Management LLC purchased a new position in Apple in the 3rd quarter worth $ 110,000. Finally, Cordant Inc. Increased in Apple by 34.3% in the 3rd quarter. Cordant Inc. He now holds 678 shares of the iPhone manufacturer’s $ 158,000 after purchasing an additional 173 shares in the last quarter. 67.73% of the shares are currently the property of hedge funds and other institutional investors.
Insiders place their bets
In the related news, the interior Chris Kondo sold 4130 shares of the business of business in a transaction from Monday, November 18th. The shares were sold at an average price of $ 228.87, for a total value of $ 945,233.10. After the sale, the insider now directly owns 15,1419 shares in the company, estimated at approximately $ 3.528 946.53. The trade was 21.13 % reduction in its position. The sale was announced in submission to the Securities and Exchange Commission, which is available through this connection. Coo Jeffrey E. Williams also sold 100,000 shares of the Transaction Action on Monday, December 16th. The action was sold at an average price of $ 249.97, for a total transaction of $ 24,997,000.00. Following the transaction, the Chief Operations Officer now directly owns 389,944 shares of the company’s shares, valued at approximately $ 97,44 301.68. This trade is a decrease of 20.41 % in their position. Discovering this sale can be found here. 0.06% of stocks are owned by internal persons.
Apple Price Performance
Apple’s shares opened $ 229.82 on Tuesday. The company has a fifty-day simple movable average of $ 240.93 and a 200-day simple movable average of $ 230.68. The company has a fast ratio of 0.83, the current 0.87 ratio and a debt to a capital of 1.51. The company has a market capitalization of $ 3.46 trillion, a price-profile ratio of $ 37.80, a PEG factor of 2.19 and a beta of 1.20. Apple Inc. It has a 52-week minimum of $ 164.07 and a 52-week top of $ 260.10.
Apple (NASDAQ: AAPL – Get Free Report) Last announced its quarterly profit data on Thursday, October 31. The iPhone manufacturer reported $ 1.64 EPS for the quarter, heading the consensus estimates of $ 1.60 analysts to $ 0.04. The company had revenue of $ 94.93 billion for the quarter, compared to a $ 94.52 billion estimate. Apple had a return on equity of 152.94% and a net margin of 23.97%. The company’s revenue increased by 6.1% compared to the same quarter last year. Last year last year, the business reported $ 1.46 profit per share. Average stock analysts provide Apple Inc. to publish 7.43 EPS for the current fiscal year.
Apple Dividend message
The company also recently revealed a quarterly dividend, which was paid on Thursday, November 14th. The investors of records on Monday, November 11, received a dividend of $ 0.25 per share. This is an annual dividend of $ 1.00 and a yield of 0.44%. The date of the former dividend of this dividend was Friday, November 8th. Apple’s payment factor is currently 16.45%.
Analysts set new price targets
Several research companies have recently issued AAPL reports. Piper Sandler recovered a “neutral” rating and set a price price of $ 225.00 for Apple shares in a Wednesday report, October 9th. Oppenheimer confirmed the Buy rating and issued a price price of $ 250.00 for Apple shares in a report on Tuesday, October 1st. Wells Fargo & Company have increased their price price for Apple stock to $ 275.00 and gave the BUY Rating Company in a report on Monday, December 9th. The UBS Group restored “neutral” rating and issued a target price of $ 236.00 for Apple shares in a research note on Monday, December 2. Finally, the Jefferies Financial Group lowered Apple from Rating to Rating to Lower Performance and dropped its price target for the $ 211.84 to $ 200.75 company in a research note on Tuesday, January 21st. Four analysts have evaluated the stock rating shares, nine issued a detention rating, twenty -two rated a purchase rating, and one gave a strong rating to the company’s purchase. According to MarketBeat, the company currently has a consensus rating “Moderate Purchase” and an average target price of $ 238.05.
See our latest AAPL analysis
For Apple
(Free report)
Apple Inc designs, manufactures and offers smartphones, personal computers, tablets, load -bearing and accessories around the world. The company offers iPhone, smartphone line; Mac, a line of personal computers; iPad, a line of multifunctional tablets; And wearable, home and accessories containing AirPods, Apple TV, Apple Watch, Beats Products and Homepod.
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