472,108 Shares in Apple Inc. $AAPL Acquired by Castleark Management LLC
MarketBeat
Castleark Management LLC acquired 472,108 shares of Apple Inc. (NASDAQ:AAPL) in the second quarter, valuing the new position at approximately $136.6 million and making it their fifth-largest holding. Institutional ownership of Apple now stands at 67.73% of outstanding shares. Despite a "Moderate Buy" consensus rating and an average price target of $340.14, Apple faces risks from its high valuation, rising component costs, AI competition, and ongoing legal challenges.
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