The price of Apple Inc (NASDAQ:AAPL) shares last traded on Wall Street fell -3.15% to $198.89.
AAPL stock price is now -7.34% away from the 50-day moving average and -12.36% away from the 200-day moving average. The market capitalization of the company currently stands at $2987.74B.
With the price target reduced from $290 to $275, TD Cowen maintained Buy rating for Apple Inc (NASDAQ: AAPL). On May 02, 2025, Monness Crespi & Hardt reiterated its ‘Buy’ rating on the stock by increasing its target price from $260 to quote $245, while ‘Rosenblatt’ rates the stock as ‘Neutral’
In other news, Parekh Kevan, Senior Vice President, CFO sold 4,570 shares of the company’s stock on Apr 23 ’25. The stock was sold for $941,420 at an average price of $206.00. Upon completion of the transaction, the Senior Vice President, CFO now directly owns 4,569 shares in the company, valued at $0.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Officer KEVAN PAREKH bought 4,570 shares of the business’s stock. A total of $912,812 was incurred on buying the stock at an average price of $199.74. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Apple Inc has had a low of $169.21 and a high of $260.10. As of last week, the company has a debt-to-equity ratio of 1.47, a current ratio of 0.82, and a quick ratio of 0.78.
The net profit margin was 24.30% and return on equity was 138.02% for AAPL. The company reported revenue of $95.36 billion for the quarter, compared to $90.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.08 percent.
