Glaxis Capital Management LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,400 shares of the iPhone maker’s stock, valued at approximately $4,378,000. Apple makes up approximately 8.6% of Glaxis Capital Management LLC’s portfolio, making the stock its 3rd biggest position.

Several other large investors have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its stake in shares of Apple by 2.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 17,637,648 shares of the iPhone maker’s stock worth $2,533,825,000 after acquiring an additional 471,057 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Apple by 1.2% during the 1st quarter. Fisher Asset Management LLC now owns 11,638,395 shares of the iPhone maker’s stock worth $1,671,972,000 after purchasing an additional 140,368 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Apple by 23.2% during the 1st quarter. Canada Pension Plan Investment Board now owns 9,289,482 shares of the iPhone maker’s stock worth $1,334,527,000 after purchasing an additional 1,749,797 shares during the last quarter. Sanders Capital LLC raised its position in shares of Apple by 1.2% during the 1st quarter. Sanders Capital LLC now owns 8,007,685 shares of the iPhone maker’s stock worth $1,177,522,000 after purchasing an additional 91,860 shares during the last quarter. Finally, Clearbridge Investments LLC raised its position in shares of Apple by 1.2% during the 1st quarter. Clearbridge Investments LLC now owns 6,815,812 shares of the iPhone maker’s stock worth $979,160,000 after purchasing an additional 82,453 shares during the last quarter. 60.35% of the stock is currently owned by institutional investors and hedge funds.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Tuesday, August 1st. The iPhone maker reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.10. Apple had a net margin of 20.87% and a return on equity of 35.40%. The company had revenue of $45.41 billion for the quarter, compared to the consensus estimate of $44.94 billion. During the same period last year, the company posted $1.42 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year.

Several brokerages recently issued reports on AAPL. Piper Jaffray Companies restated an “overweight” rating and set a $190.00 price objective on shares of Apple in a research report on Tuesday, September 5th. Robert W. Baird restated a “buy” rating and set a $172.00 price objective on shares of Apple in a research report on Tuesday, September 5th. Barclays PLC restated a “hold” rating and set a $146.00 price objective on shares of Apple in a research report on Monday, September 4th. Royal Bank Of Canada lifted their price objective on Apple from $176.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, September 1st. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $175.00 price objective on shares of Apple in a research report on Wednesday, September 6th. Ten analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $188.59.

In other news, insider Craig Federighi sold 63,163 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $158.07, for a total value of $9,984,175.41. Following the sale, the insider now directly owns 359,988 shares in the company, valued at approximately $56,903,303.16. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Timothy D. Cook sold 268,623 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $160.63, for a total transaction of $43,148,912.49. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 432,930 shares of company stock worth $69,008,577. 0.08% of the stock is currently owned by corporate insiders.

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Apple Profile

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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