Tred Avon Family Wealth LLC has acquired a new stake in Apple Inc. (NASDAQ:AAPL), purchasing 38,180 shares valued at approximately $9.72 million, making Apple its fourth-largest holding. This investment comes as Apple’s stock shows strong performance, and as several other institutional investors also adjusted their positions in the company. Wall Street analysts maintain a “Moderate Buy” rating for Apple, with an average target price of $292.13, despite mixed sentiment regarding recent news like AI upgrade delays and regulatory risks.
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Tred Avon Family Wealth LLC Makes New Investment in Apple Inc. $AAPL
Tred Avon Family Wealth LLC has acquired a new stake in Apple Inc. (NASDAQ:AAPL), purchasing 38,180 shares valued at approximately $9.72 million, making Apple its fourth-largest holding. This investment comes as Apple’s stock shows strong performance, and as several other institutional investors also adjusted their positions in the company. Wall Street analysts maintain a “Moderate Buy” rating for Apple, with an average target price of $292.13, despite mixed sentiment regarding recent news like AI upgrade delays and regulatory risks.