Capasso Planning Partners Snaps Up Apple Stock in Latest SEC Filing
Capasso Planning Partners LLC has acquired 20,531 shares of Apple Inc.'s stock in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased the shares during the second quarter, valuing them at approximately $5.94 million. This represents about 3% of Capasso Planning Partners' holdings.
The move is part of a larger trend of institutional investors and hedge funds purchasing Apple stock. Wealthfront Advisers LLC recently acquired a new stake in Apple worth around $482 million, while Focus Partners Advisor Solutions LLC purchased a new stake valued at approximately $169 million.
Apple's market capitalization stands at over $4.81 trillion, with a P/E ratio of 37.78 and a beta of 1.08. The company has seen revenue growth, reporting $109.42 billion in earnings during the most recent quarter. Analysts anticipate Apple to post 8.74 earnings per share for the current year.