Central Pacific Bank sells 14,540 Apple shares, but Apple still has substantial growth potential ahead.

Central Pacific Bank’s trust division sold 14,540 Apple shares for $3.11 million, representing a 0.40% change in assets under management. Their Apple position now stands at 76,838 shares worth $15.8 million. The sale was disclosed in their latest SEC filing for Q2 2025. Apple’s stock closed at $213.55 on July 1, 2025.

Apple’s five-year revenue CAGR was -12.78% as of June 30, 2025. The company has a market capitalization of $3.19 trillion, with revenue of $400.37 billion and net income of $97.29 billion. Apple’s product portfolio includes iPhones, Macs, iPads, wearables, and digital services like Apple Music and the App Store.

Despite a recent drop in Apple’s stock price, Central Pacific Bank’s divestment may be due to momentum concerns rather than fundamental issues. Apple’s high-margin services segment has been a key driver of growth, with revenue doubling in five years. The stock’s PE ratio of 32.7 indicates bullish market sentiment towards Apple’s future prospects.

Read more at Nasdaq: Central Pacific Bank Sells 14,540 Apple Shares in Q2. Here’s Why Apple Still Has Substantial Growth Ahead.