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Cincinnati Insurance Co. sold a significant portion of its Apple shares, while WealthTrak bought into Apple, which beat earnings estimates.
Cincinnati Insurance Co. sold 153,563 shares of Apple, reducing its holding by 26.8% to 420,000 shares worth $105 million.
Apple now represents 1.9% of their total holdings and is their 22nd largest position.
Meanwhile, WealthTrak Capital Management LLC bought a $1.01 million position in Apple, acquiring 4,024 shares.
Apple reported $1.65 EPS, beating estimates by $0.03, with revenue of $95.36 billion, surpassing expectations.
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Cincinnati Insurance Co. vendió una parte significativa de sus acciones de Apple, mientras que WealthTrak compró a Apple, lo que superó las estimaciones de ganancias.