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Barton Investment Management, managed by J. Barton Riley, recently executed a significant transaction involving Apple Inc ((AAPL)). The hedge fund reduced its position by 2,927 shares.
Recent Updates on Apple Inc stock
Over the past month, Apple (AAPL) shares have fallen just over 5% (down 0.8% in the past week) but remain up about 11.5% over the past year, with the stock recently closing at $260.25. Despite the pullback, Wall Street maintains a “Moderate Buy” consensus and an average 12‑month price target of $299.49, implying notable upside. Bank of America analyst Wamsi Mohan, a highly ranked analyst, reaffirmed his Buy rating on January 12, 2026 with a $325 price target, citing a bullish setup into Apple’s fiscal Q1 2026 earnings. He forecasts revenue of $140 billion and EPS of $2.69, slightly above Street expectations, driven by strong iPhone 17 demand and double‑digit Services growth, and expects around 10% year‑over‑year revenue growth guidance for fiscal Q2 with improving gross margins. Mohan has raised iPhone unit forecasts (to 85 million for the December quarter and 54 million for March), projects 17% year‑over‑year iPhone revenue growth in F1Q, and highlights catalysts such as a potential foldable iPhone launch and enhanced Siri with Gemini AI. He also sees scope for gross margins to exceed 50% over time, supported by supply chain efficiencies, premium product mix, and higher‑margin Services, and has slightly lifted his fiscal 2026 revenue and EPS estimates to $463 billion and $8.26 while maintaining his $325 target based on 32x his 2027 EPS estimate.
Spark’s Take on AAPL Stock
According to Spark, TipRanks’ AI Analyst, AAPL is a Outperform.
The score is driven primarily by Apple’s strong financial performance (elite margins and robust free cash flow) and a supportive earnings outlook with record results and solid guidance. Offsetting factors are weak near-term technical momentum and a demanding valuation (high P/E and low yield), with leverage remaining a secondary balance-sheet risk.
To see Spark’s full report on AAPL stock, click here.
More about Apple Inc
YTD Price Performance: -8.65%
Average Trading Volume: 46,318,168
Current Market Cap: $3626B