Perigon Wealth Management 13F: Cuts Apple (AAPL) Stake by $15M

Perigon Wealth Management reduced its holdings in Apple Inc. AAPL by 4.1% during the quarter, according to a Form 13F filing with the SEC on October 22, 2026. The fund sold 46,447 shares of the consumer electronics maker, leaving it with 1,090,415 shares valued at approximately $363.1 million.

AAPL Apple Inc.

$348.22 ▲ +28.84% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Perigon Wealth Management's Apple Position

The reduction trimmed Perigon Wealth Management's stake from 1,136,862 shares down to 1,090,415 shares. Even after the adjustment, the tech giant remains a sizable part of the fund's portfolio.

Other Institutional Activity in Apple

Other institutional investors adjusted their positions in Apple Inc. AAPL around the same filing window. Midwest Trust grew its holdings by 22,262 shares, ending with 1,454,798 shares worth about $484.5 million. True North Advisors boosted its stake in Apple Inc. AAPL by 6.3%, acquiring 19,006 shares to end with 319,401 shares worth about $106.4 million. Meanwhile, Berkshire Hathaway, Inc held steady with 227,917,808 shares valued at roughly $79.4 billion.

Apple Inc. Stock Up 2.6%

Apple Inc. AAPL recently traded around $348.32 as of October 23, 2026, roughly equal to its closing price of $348.22 on the filing date. The stock sits near its 52-week high of $348.15 and about 18.7% above its 200-day moving average of $293.55.

Recent Earnings

Apple Inc. AAPL generated trailing-twelve-month revenue of $466.8 billion and earnings of $8.72 per share, alongside a net profit margin of 27.6% and a return on equity of 148.8%. The company is scheduled to release its next earnings report on November 2, 2026.

Dividend

Apple Inc. AAPL pays an annual dividend rate of $1.08 per share, giving the stock a dividend yield of 0.31% with a payout ratio of 12.0%.

Insider Buying and Selling at Apple Inc.

Several insiders executed transactions prior to the filing. Officer and director Timothy D. Cook disposed of 191,753 shares worth $63,845,841 on October 2, 2026. General counsel Jennifer Newstead sold 2,399 shares at $332.01 per share for a total of $796,492 on October 6, 2026. Chief financial officer Kevan Parekh disposed of 1,392 shares worth $480,315 on October 16, 2026. Officer Ben Borders sold 1,280 shares worth $442,108 on October 16, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on Apple Inc. AAPL ahead of the filing. On October 1, 2026, Morgan Stanley maintained its overweight rating and lowered its price target from $360.00 to $355.00. On the same day, Needham reiterated a hold rating on the stock. On October 12, 2026, JP Morgan maintained an overweight rating and raised its target from $340.00 to $360.00. Later, on October 20, 2026, MoffettNathanson maintained a neutral rating while lowering its target from $304.00 to $283.00. On the same day, Loop Capital downgraded the stock to a hold rating and cut its target from $370.00 to $330.00. Overall, the stock carries a consensus buy recommendation from 39 analysts with a mean price target of $328.35.

About Apple

Apple Inc. AAPL designs, manufactures, and markets mobile communication devices, personal computers, and media devices globally. Its lineup features the iPhone, Mac, iPad, wearables like Apple Watch and AirPods, and various digital services. Institutional moves in the company often draw attention due to its massive weight in major equity indexes.

Bottom Line

Investors will watch for Apple Inc. AAPL's upcoming earnings release on November 2, 2026, to gauge ongoing revenue growth and profit margins. Future SEC filings will show how institutional sentiment shifts as the stock trades near its 52-week highs.