Apple Inc (NASDAQ: AAPL) is -10.87% 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 $222.13 in the last trading session, with the day’s gains setting it 1.06%.
Currently trading at $223.19, the stock is 0.85% and -3.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.35 million and changing 0.48% at the moment leaves the stock -2.60% off its SMA200. AAPL registered 30.16% gain for a year compared to 6-month gain of -2.02%. The firm has a 50-day simple moving average (SMA 50) of $230.1138 and a 200-day simple moving average (SMA200) of $229.1457.
The stock witnessed a -6.23% loss in the last 1 month and extending the period to 3 months gives it a -12.68%, and is -0.25% 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 2.68% over the week and 2.76% over the month.
Apple Inc (AAPL) has around 164000 employees, a market worth around $3352.78B and $395.76B in sales. Current P/E ratio is 35.48 and Fwd P/E is 27.30. Profit margin for the company is 24.30%. Distance from 52-week low is 36.03% and -14.19% 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 8.34% this year.
Apple Inc (AAPL) Top Institutional Holders
6943.0 institutions hold shares in Apple Inc (AAPL), with institutional investors hold 64.14% of the company’s shares. The shares outstanding are 15.04B, and float is at 15.01B with Short Float at 0.86%. Institutions hold 62.81% of the Float.
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 6.8552 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’s Director. 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).
