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Narus Financial cuts Apple stake by 43%, while other funds increase holdings amid strong sales and positive outlook.

Market News
22 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Narus Financial Partners LLC reduced its Apple shares by 43.4% in Q3, making Apple its 5th largest position with 10,532 shares worth $2.68M. Meanwhile, other institutional investors like Monarch Capital, Riverwater Partners, and Citizens Financial increased their Apple holdings, reflecting confidence in the company. Apple's recent earnings beat expectations with $2.84 EPS and $143.76B revenue, driven by strong iPhone sales in China and record Mac demand. Analysts remain mostly positive, with a consensus price target near $298, despite some short-term market caution due to security concerns and mixed sentiment.

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