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Penn Davis Mcfarland Trims Apple Inc Stake by 2,623 Shares

2026-04-23 03:52:51

Penn Davis Mcfarland Inc, a hedge fund managed by R. Van Ogden, has reduced its holdings in Apple Inc (AAPL) by 2,623 shares. TipRanks’ AI Analyst, Spark, rates AAPL as “Outperform,” driven by strong profitability and cash flow, despite balance sheet leverage risk and premium valuation. Apple’s year-to-date price performance is -2.00%, with a current market cap of $4008.7 billion.

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