Anchor Capital and Kintra Wealth Increase Apple Stakes Amid Broader Institutional Buying

Institutional investors continue expanding positions in Apple Inc., with Anchor Capital Advisors raising its stake by 7.6% to 31,079 shares valued at approximately $9.07 million. This follows Kintra Wealth boosting its holding by 30.4% to 133,385 shares worth about $40.72 million. Overall institutional ownership stands at 67.73%. Concurrently, company insiders sold 279,383 shares totaling $92.91 million over the past 90 days, mainly for equity vesting tax obligations. Apple maintains a Moderate Buy analyst consensus with an average target price of $340.02, supported by quarterly revenue of $109.42 billion and EPS of $2.02.