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Apple Inc. $AAPL is Capital City Trust Co. FL's 4th Largest Position
Capital City Trust Co. FL reduced its stake in Apple Inc. by 2.2% in Q3, holding 86,675 shares valued at $22.07 million, making it their 4th largest position. Apple recently reported strong Q1 earnings, beating consensus estimates with $2.84 EPS and $143.76 billion in revenue, driven by record iPhone sales. Analysts maintain a “Moderate Buy” consensus for Apple with a target price of $291.70, despite ongoing valuation discussions and concerns about AI monetization and insider selling.