In Monday’s Wall Street session, Apple Inc (NASDAQ:AAPL) shares traded at $193.16, down -1.94% from the previous session.
AAPL stock price is now -12.61% away from the 50-day moving average and -15.30% away from the 200-day moving average. The market capitalization of the company currently stands at $2901.66B.
On April 14, 2025, JP Morgan reiterated its ‘Overweight’ rating on the stock by increasing its target price from $270 to quote $245, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, WILLIAMS JEFFREY E, COO sold 35,493 shares of the company’s stock on Apr 02 ’25. The stock was sold for $7,950,691 at an average price of $224.01. Upon completion of the transaction, the COO now directly owns 390,059 shares in the company, valued at $75.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’25, Chief Executive Officer COOK TIMOTHY D sold 108,136 shares of the business’s stock. A total of $24,184,658 was realized by selling the stock at an average price of $223.65. This leaves the insider owning 3,280,295 shares of the company worth $633.62 million. 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. According to the stock market information, the enterprise value for the company is $2944687669248, which is based on a 30.71 price-to-earnings ratio, a 3.40 price-to-earnings-growth ratio, and a beta of 1.29. The fifty day moving average price for AAPL is $221.0208 and a two-hundred day moving average price translates $228.03955 for the stock.
The latest earnings results from Apple Inc (NASDAQ: AAPL) was released for 2024-12-28. 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.
