Paradigm Capital Adds Apple Stake Amid iPhone Demand Growth
Paradigm Capital Management LLC NV has acquired a new position in Apple Inc. (NASDAQ:AAPL) worth $2,700,000, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor purchased 9,330 shares of the iPhone maker's stock, which makes up 2.3% of Paradigm Capital Management LLC NV's investment portfolio.
Apple is also in the news as SVP Jennifer Newstead sold 2,399 shares of the business's stock on September 22nd for $815,803.94, reducing her position by 5.13%.