Stocks
Horizon Investments' Huge Bet on Apple: A $76 Million Gain in Over 7 Years
Horizon Investments, LLC has been an active investor in Apple Inc (AAPL) since 2015Q4. According to their holding history, they currently hold 792,756 shares of AAPL, valued at $229.19 million, which accounts for 2.51% of their portfolio.
Over the years, Horizon Investments has made 21 purchases of AAPL at an average price of $184.41, buying a total of 1.42 million shares. In contrast, they have sold 12 times at an average price of $153.03 for 627,797 shares.
The estimated gain on their AAPL holdings is $76.10 million, reflecting a 29.05% gain to date. Based on AAPL's current price of $305.26, Horizon Investments' investment in AAPL has been profitable so far.