The stock of Apple Inc (NASDAQ:AAPL) last traded at $220.73, up 1.13% from the previous session.
AAPL stock price is now -4.64% away from the 50-day moving average and -3.39% away from the 200-day moving average. The market capitalization of the company currently stands at $3315.82B.
With the price target enhanced from $260 to $275, Evercore ISI maintained Outperform rating for Apple Inc (NASDAQ: AAPL). On January 31, 2025, KeyBanc Capital Markets reiterated its ‘Underweight’ rating on the stock and kept its target price maintained at $200, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, LEVINSON ARTHUR D, Director sold 1,516 shares of the company’s stock on Feb 03 ’25. The stock was sold for $343,147 at an average price of $226.35. Upon completion of the transaction, the Director now directly owns 4,159,576 shares in the company, valued at $918.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Director LEVINSON ARTHUR D bought 1,516 shares of the business’s stock. A total of $343,147 was incurred on buying the stock at an average price of $226.35. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Apple Inc has had a low of $164.07 and a high of $260.10. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 0.92, and a quick ratio of 0.88.
The net profit margin was 24.30% and return on equity was 136.52% for AAPL. The company reported revenue of $124.3 billion for the quarter, compared to $119.58 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.95 percent.
