Perpetual Ltd Purchases 24,919 Shares of Apple Inc. $AAPL

Perpetual Ltd increased its stake in Apple Inc. (NASDAQ:AAPL) by 30.4% in the fourth quarter, purchasing an additional 24,919 shares to reach a total of 106,994 shares valued at $29.09 million. Other institutional investors like Norges Bank, Nuveen LLC, and Northern Trust Corp also grew their holdings, bringing total institutional ownership to 67.73%. Analysts maintain a “Moderate Buy” rating for Apple with an average price target of $301.33, driven by positive indicators such as strong iPhone shipment growth in China and recent price-target upgrades.

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