Company newsAAPL
Explain this story: Portland Investment Counsel Inc. Makes New $2.18 Million Investment in Apple Inc. $AAPL
Portland Investment Counsel Inc. has made a new $2.18 million investment in Apple Inc. (NASDAQ:AAPL) by purchasing 7,535 shares, making Apple its 22nd-largest holding. Institutional investors now own 67.73% of Apple's stock, and analysts maintain a "Moderate Buy" rating with an average price target of $340.14. Despite strong quarterly results and revenue growth, concerns remain regarding Apple's valuation, AI execution, and recent insider selling.
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Portland Investment Counsel Inc. has made a new $2.18 million investment in Apple Inc. (NASDAQ:AAPL) by purchasing 7,535 shares, making Apple its 22nd-largest holding. Institutional investors now own 67.73% of Apple's stock, and analysts maintain a "Moderate Buy" rating with an average price target of $340.14. Despite strong quarterly results and revenue growth, concerns remain regarding Apple's valuation, AI execution, and recent insider selling.
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Published Sep 25, 2026, 03:15 ET · on this site +1d 22h