Robert Bender&Associates Cuts Apple Inc Stake by 23K Shares

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Robert Bender&Associates, managed by Robert L. Bender, recently reduced its stake in Apple Inc (AAPL) by 23,029 shares. TipRanks’ AI Analyst, Spark, rates AAPL as an “Outperform” due to strong profitability, cash flow, and positive earnings, despite concerns about balance sheet leverage and a premium valuation. Apple’s year-to-date price performance is 0.67%, with a current market cap of $4014.3 billion.

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