Apple's iPhone 8 to come with home button that is resizable

AppleApple's iPhone line

AppleApple's iPhone line

The fund bought 6,011 shares of the iPhone maker's stock, valued at approximately $864,000.

A number of institutional investors have recently bought and sold shares of the stock. Please take our poll and share your reactions in the comments.

Rosenblatt Securities reiterated their neutral rating on shares of Apple Inc. The leaks don't make any mention of a Touch ID in the smartphone. Portfolio Solutions LLC bought a new position in shares of Apple during the first quarter worth $169,000. Hefty Wealth Partners raised its position in shares of Apple by 27.6% in the second quarter. Finally, Ullmann Financial Group Inc. bought a new position in shares of Apple during the fourth quarter worth $220,000. Apple has a one year low of $102.53 and a one year high of $161.83. (NASDAQ AAPL) traded up 1.39% on Friday, hitting $157.48. Sippican Capital Advisors now owns 4,912 shares of the iPhone maker's stock worth $706,000 after buying an additional 26 shares during the last quarter.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Tuesday, August 1st. The firm had revenue of $45.41 billion for the quarter, compared to analysts' expectations of $44.94 billion. Apple had a return on equity of 35.40% and a net margin of 20.87%. The business's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.42 earnings per share. On average, equities research analysts anticipate that Apple will post $9.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. This represents a $2.52 annualized dividend and a yield of 1.60%. The ex-dividend date is Thursday, August 10th. Apple's payout ratio is 28.64%. The alleged iPhone 8 has been heavily-speculated to come at a price of $1,000 - making the smartphone almost as expensive as the Apple MacBook Pro. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued. This leak is just one of the many leaks discovered by developer Steve Troughton-Smith. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this article can be read at Canaccord Genuity reiterated a buy rating and issued a $180.00 price objective on shares of Apple in a report on Thursday, August 3rd. The stock was sold at an average price of $142.86, for a total transaction of $1,707,034.14. And the reason for this was ARKit, which is coming in 2017. Also, insider Daniel J. Riccio sold 11,949 shares of the business's stock in a transaction on Tuesday, May 16th. The company currently has a consensus rating of "Buy" and an average price target of $167.35. The disclosure for this sale can be found here. Also, SVP D Bruce Sewell sold 31,625 shares of the stock in a transaction on Monday, August 7th. Insiders own 0.08% of the company's stock.