Apple Inc (NASDAQ: AAPL) is -1.94% lower on its value in year-to-date trading and has touched a low of $164.07 and a high of $260.10 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 $245.83 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $245.55, the stock is 4.00% and 2.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 53.06 million and changing -0.11% at the moment leaves the stock 9.43% off its SMA200. AAPL registered 35.24% gain for a year compared to 6-month loss of 8.41%.
The stock witnessed a 9.70% gain in the last 1 month and extending the period to 3 months gives it a 7.69%, and is 1.66% up 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 1.38% over the week and 2.41% over the month.
Apple Inc (AAPL) has around 164000 employees, a market worth around $3688.67B and $395.76B in sales. Current P/E ratio is 39.04 and Fwd P/E is 29.98. Profit margin for the company is 24.30%. Distance from 52-week low is 49.66% and -5.59% from its 52-week high. The company has generated returns on investments over the last 12 months (63.80%).
The EPS is expected to grow by 20.37% this year.
Apple Inc (AAPL) Top Institutional Holders
The shares outstanding are 15.04B, and float is at 15.01B with Short Float at 0.83%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.32 billion shares valued at $279.07 billion. The investor’s holdings represent 8.6004% of the AAPL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.05 billion shares valued at $$221.2 billion to account for 6.817 of the shares outstanding. The other top investors are STATE STREET CORP which holds 528.08 million shares representing 3.447% and valued at over $111.22 billion, while BERKSHIRE HATHAWAY INC holds 2.611 of the shares totaling 400.0 million with a market value of $84.25 billion.
Apple Inc (AAPL) Insider Activity
The most recent transaction is an insider sale by LEVINSON ARTHUR D,the company’sDirector. SEC filings show that LEVINSON ARTHUR D sold 1,516 shares of the company’s common stock on Feb 03 ’25 at a price of $226.35 per share for a total of $0.34 million. Following the sale, the insider now owns 4.16 million shares.
Still, SEC filings show that on Dec 16 ’24, WILLIAMS JEFFREY E (COO) disposed off 100,000 shares at an average price of $249.97 for $25.0 million. The insider now directly holds 389,944 shares of Apple Inc (AAPL).
