Several analysts have commented on the company. In a report on Monday, May 2nd, Bernstein set a price objective on shares of Apple. In a report on Friday, April 29th, the price objective on Apple was lowered to $195.00. In a research note on Wednesday, May 25th, Loop Capital lowered their target price on shares of Apple from $210.00 to $180.00 and set a “buy” rating for the company. On Friday, April 29th, the target price on shares of Apple was decreased by JP Morgan Chase & Co. Morgan Stanley set a $195.00 target price for Apple in a note on Friday. Nine research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company’s stock Apple has an average rating of “Buy” and a consensus target price of $187.12.

Apple stock traded up $2.45 on Tuesday to reach $145.89. The average volume of the stock was 103,465,182. The company has a quick ratio of 0.88, a current ratio of 0.93 and a debt toequity ratio of 1.53. The stock has a fifty day moving average of $157.82 and a 200 day moving average of $164.88. The firm has a market cap of $2.40 trillion, a price-to-earnings ratio of 24.12 and a price to earnings growth ratio of 1.90 Apple has a 1 year low of $128.93 and a 1 year high of $182.94.

The earnings data for Apple was released on Thursday, April 28th. The company reported earnings of $1.52 per share, beating the consensus estimate of $1.43 by $0.09 There was a net margin of 26.41% and a return on equity of 152.88%. The business had revenue of $97.28 billion during the quarter, compared to analyst estimates of $93.98 billion. The business had earnings per share of $1.40 in the same period a year ago. The revenue for the quarter was up 8.6% compared to last year. According to analysts, Apple will have earnings per share of 6.11 for the current year.

The Board of Directors of Apple authorized a stock repurchase program on Thursday, April 28th, which will allow the company to buy back $90.00 billion in shares. The iPhone maker has the right to buy up to 3.5% of its shares through open market purchases. The company’s board believes that its stock is cheap.

Jeffrey E. Williams sold 105,901 shares of the company’s stock on April 4th. The total value of the shares sold was $18,823,902.50. The chief operating officer now owns 489,662 shares of the company’s stock, which is valued at approximately $87 million, after the transaction is complete. There is a legal filing with the Securities & Exchange Commission that can be found at this link. The SVP sold 25,000 shares of the stock in a transaction that took place on Wednesday, May 4th. The shares were sold at a price of $161.72 The senior vice president now directly owns 454,334 shares of the company’s stock, which is valued at $73,151,454.48. There is a disclosure for this sale. In the last ninety days, the company’s Insiders sold a total of 168,099 shares of company stock. The stock is owned by someone.

Hedge funds and institutional investors have recently increased or decreased their stakes. A new position in shares of Apple was bought by Dark Forest Capital Management. Joseph Group Capital Management bought a new stake in Apple during the 4th quarter. Cardinal Capital Management Inc. raised its position in shares of Apple. After buying an additional 221 shares in the last quarter, Cardinal Capital Management now owns over 200 shares of the iPhone maker’s stock. During the 4th quarter, Shore Point Advisors purchased a new stake in Apple. St. James Investment Advisors purchased a new stake in Apple during the 4th quarter. The stock is owned by institutional and hedge funds.

About Apple.

Apple designs, manufactures, and markets a range of products. It sells a lot of related services. The company also offers a line of multi-purpose tablets, a line of personal computers, a line of phones, and accessories.

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