Gotham Asset Management 13F: Adds $376M to Apple (AAPL) Stake

Gotham Asset Management has significantly increased its stake in Apple Inc. (NasdaqGS: AAPL) according to its latest Form 13F filing with the SEC. The fund added 1,310,646 shares during the reporting period, boosting its holdings by 83.9% to a total of 2,873,250 shares. This position is valued at approximately $836.3 million.

What Changed in Gotham Asset Management's Apple Position

Gotham Asset Management's decision to increase its Apple holdings from 1,562,604 shares to 2,873,250 shares marks a substantial boost. The addition of 1,310,646 shares represents an 83.9% increase in its position, reflecting the fund's growing confidence in Apple, with the total value of the stake now around $836.3 million.

Other Institutional Activity in Apple

Other major institutional investors also made notable changes to their Apple holdings. BlackRock, Inc. reduced its position by 9,970,306 shares, ending with 1,144,695,425 shares worth about $290.5 billion. Vanguard Capital Management LLC added 953,847,648 shares, bringing its total to the same amount, valued at approximately $242.1 billion. State Street Corp trimmed its holdings by 1,715,096 shares to 602,341,409 shares, valued at $152.9 billion. Meanwhile, Geode Capital Management, LLC increased its position by 10,584,437 shares, holding 368,616,954 shares worth about $93.3 billion.

Apple Inc. Stock Down 16.3%

Shares of Apple Inc. (NasdaqGS: AAPL) are trading near $291.08. The company boasts a market capitalization of $4.28 trillion and a P/E ratio of 35.29. Apple has a 52-week low of $195.07 and a high of $317.40. The stock's 50-day moving average is $284.78, while the 200-day moving average is $266.56. Apple's current ratio stands at 1.07, with a quick ratio of 0.906 and a debt-to-equity ratio of 79.55.

Recent Earnings

Apple reported revenue of $451.44 billion, with a revenue growth rate of 16.6%. The company achieved a net margin of 27.15% and a return on equity of 141.47%. Earnings per share stood at $8.25. The next earnings report is expected on April 30, 2026.

Dividend

Apple pays an annual dividend rate of $1.08, yielding 0.37% with a payout ratio of 12.59%.

Insider Buying and Selling at Apple Inc.

Recent insider activity at Apple includes sales by Arthur Levinson, who sold 65,000 shares on May 27, 2026, and 250,000 shares on May 6, 2026, among other transactions. Ben Borders, Principal Accounting Officer, sold 1,274 shares on May 8, 2026, under a planned sale. Kevan Parekh, Senior Vice President and CFO, sold 1,534 shares on April 23, 2026, also under a planned sale.

Analysts Set New Price Targets

On June 9, 2026, TD Cowen maintained a 'buy' rating on Apple with a price target of $350. Maxim Group also upheld a 'buy' rating with the same target. Rosenblatt maintained a 'hold' rating with a target of $276. Morgan Stanley kept its 'buy' rating, setting a target of $360. The consensus among analysts remains a 'buy', with a mean target price of $312.72 based on 43 opinions.

About Apple Inc.

Apple Inc., headquartered in Cupertino, California, is a leading technology company known for its innovative products like the iPhone, Mac, and iPad. It also offers wearables, accessories, and various services including Apple Music and Apple Pay. Under the leadership of CEO Timothy D. Cook, Apple employs about 166,000 people globally.

Bottom Line

Gotham Asset Management's increased stake in Apple highlights the fund's confidence in the tech giant. Investors keep a close watch on Apple's performance given its significant market presence and innovation pipeline. Remember, 13F filings are backward-looking and may not reflect current positions.