Unio Capital LLC Trims Stake in Apple Amid Patent Verdict Concerns
Unio Capital LLC has adjusted its position in Apple Inc., selling 2,430 shares of AAPL during the 2nd quarter. The firm now owns 165,778 shares of Apple's stock, which represents a 9.1% stake in its investment portfolio and ranks as its third-largest holding.
The sale of Apple shares was worth $47,970,000 at the end of the most recent reporting period. This adjustment comes as part of Unio Capital LLC's ongoing efforts to manage its investment portfolio.
In related news, a jury has awarded Apple a $5.7 billion patent verdict against another company, raising concerns about potential ongoing royalties and pressure on hardware margins.