Annex Advisory Services 13F: Adds $30M to Apple (AAPL) Stake

Annex Advisory Services increased its stake in Apple Inc. (AAPL) in a filing on October 16, 2026. The firm added 91,508 shares, raising its total to 545,415 shares valued at approximately $181.6 million. This marks a 20.2% increase in their position.

What Changed in Annex Advisory Services' Apple Position

Annex Advisory Services boosted its holdings in Apple Inc. by 91,508 shares, increasing its position to 545,415 shares. The total value of this stake is about $181,634,243.

Other Institutional Activity in Apple

Several other funds also adjusted their positions in Apple Inc. Blackrock Inc. increased its holdings by 18,314,912 shares, now owning 1,162,996,939 shares worth about $399.4 billion. Vanguard Capital Management LLC added 5,246,239 shares for a total of 959,107,911 shares valued at approximately $329.4 billion. State Street Corporation grew its stake by 12,770,030 shares, ending with 615,129,929 shares worth about $211.3 billion. Geode Capital Management, LLC added 2,727,705 shares, bringing its total to 371,336,543 shares valued at about $127.5 billion. Vanguard Portfolio Management LLC increased its holdings by 2,684,620 shares, totaling 334,119,156 shares worth roughly $114.8 billion.

Apple Inc. Stock Up 0.1%

Apple shares recently traded around $343.01, which is above its 50-day moving average by 5.5% and 17.4% above its 200-day average. However, the stock is still about 1.5% below its 52-week high of $348.15 and more than 40% above its 52-week low of $243.42.

Recent Earnings

For the trailing twelve months, Apple reported a revenue of about $466.8 billion, showing a year-over-year growth of 16.4%. The company had an EPS of $8.72 and a net margin of 27.6%. Its return on equity was impressive at 148.8%. The next earnings report is scheduled for November 2, 2026.

Insider Buying and Selling at Apple Inc.

Recent insider sales include Deirdre O'Brien, an officer, who sold 46,389 shares valued at about $15.5 million on October 2, 2026. CEO John Ternus sold 25,412 shares worth approximately $8.5 million on the same day. General Counsel Jennifer Newstead sold 2,399 shares for about $796,492 on October 6, 2026, and another 2,399 shares at about $827,655 on October 13, 2026. Both sales were not part of a planned trading strategy.

Analysts Set New Price Targets

On September 23, 2026, B of A Securities reiterated a 'Buy' rating with a price target of $370 for Apple. Morgan Stanley maintained an 'Overweight' rating with a target of $360 on September 29, 2026, and again on October 1, 2026, adjusted it slightly to $355. JP Morgan maintained an 'Overweight' rating with a new target of $360 on October 12, 2026. The consensus recommendation from analysts remains a 'Buy' with a mean price target of $329.38 from 39 analysts.

About Apple Inc.

Apple Inc. designs, makes, and markets a range of consumer electronics, including smartphones, computers, tablets, and wearables. With a global presence, the company is well-known for its innovative products like the iPhone, Mac, and iPad, as well as accessories such as the Apple Watch and AirPods. This recent boost in holdings by Annex Advisory Services highlights the continued interest in Apple as a leading player in technology.

Bottom Line

Investors should keep an eye on Apple's upcoming earnings report on November 2, 2026, which could provide further insight into the company's performance. The recent increase in Annex Advisory Services' holdings reflects their confidence in Apple's future prospects, although the details of their investment strategy may not fully represent their current holdings. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.