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Stocks•13 February 2026•

1 min read

Leavell Investment Management Trims Apple Stake Amid Strong Quarterly Earnings

Leavell Investment Management Inc. reduced its position in Apple Inc. (AAPL) by 5.6% during the third quarter, according to recent filings. The investment firm sold 14,292 shares, yet Apple remains its third-largest holding with a total valuation of approximately $61.63 million. This portfolio adjustment occurred alongside Apple reporting robust financial results, including earnings per share of $2.84 and quarterly revenue of $143.76 billion. Market analysts suggest the minor reduction by Leavell is a routine rebalancing rather than a shift in long-term sentiment. Overall institutional confidence in Apple remains high, bolstered by optimistic outlooks regarding the company's AI integration and future growth prospects.

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