Apple Inc (NASDAQ: AAPL) is -12.02% lower on its value in year-to-date trading and has touched a low of $162.80 and a high of $199.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAPL stock was last observed hovering at around $172.69 in the last trading session, with the day’s loss setting it -3.31%.
Currently trading at $169.38, the stock is -1.37% and -4.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 72.94 million and changing -1.92% at the moment leaves the stock -7.29% off its SMA200. AAPL registered 2.52% gain for a year compared to 6-month loss of -5.29%.
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The stock witnessed a -1.88% gain in the last 1 month and extending the period to 3 months gives it a -7.76%, and is -0.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 1.84% over the month.
Apple Inc (AAPL) has around 161000 employees, a market worth around $2615.55B and $385.71B in sales. Current P/E ratio is 26.35 and Fwd P/E is 23.81. Profit margin for the company is 26.16%. Distance from 52-week low is 4.04% and -15.15% from its 52-week high. The company has generated returns on investments over the last 12 months (59.65%).
The EPS is expected to grow by 6.91% this year.
Apple Inc (AAPL) Top Institutional Holders
The shares outstanding are 15.55B, and float is at 15.43B with Short Float at 0.71%.
Apple Inc (AAPL) Insider Activity
The most recent transaction is an insider sale by WILLIAMS JEFFREY E,the company’sCOO. SEC filings show that WILLIAMS JEFFREY E sold 59,162 shares of the company’s common stock on Apr 11 ’24 at a price of $172.22 per share for a total of $10.19 million. Following the sale, the insider now owns 0.49 million shares.
Apple Inc disclosed in a document filed with the SEC on Apr 11 ’24 that Maestri Luca (Senior Vice President, CFO) sold a total of 53,194 shares of the company’s common stock. The trade occurred on Apr 11 ’24 and was made at $174.12 per share for $9.26 million. Following the transaction, the insider now directly holds 0.11 million shares of the AAPL stock.
Still, SEC filings show that on Apr 02 ’24, COOK TIMOTHY D (Chief Executive Officer) disposed off 97,227 shares at an average price of $168.62 for $16.39 million. The insider now directly holds 3,280,180 shares of Apple Inc (AAPL).
