According to its latest SEC Form 13F filing, Global Financial Private Client LLC reduced its holding in Apple Inc. by 22.5% during the third quarter, selling 14,783 shares to end the period with 51,000 shares. This position now represents 4.6% of the firm’s total portfolio, making Apple the manager’s second-largest holding. The remaining shares were valued at $12.99 million as of the filing date.

In its third-quarter filing, Generali Asset Management SPA SGR reported a 0.9% reduction in its Apple position, offloading 5,897 shares to hold 615,558 shares at quarter end. Apple accounts for approximately 3.4% of the fund’s assets under management, with the position valued at $156.74 million through the reporting period.

Company filings show that Apple insider Chris Kondo sold 3,752 shares on November 7, at an average price of $271.23 per share, generating proceeds of $1.02 million. Post-transaction, Kondo’s direct ownership stands at 15,098 shares, representing a 19.9% decline in his personal stake and a holding value of $4.10 million.

Over the past quarter, five major brokerages updated their coverage of Apple, with two firms reiterating buy ratings and three reaffirming outperform or overweight recommendations. Price targets have been raised across the board, ranging from $330 to $350, reflecting consensus expectations for continued revenue growth driven by services expansion and AI-powered product enhancements.