Apple Inc. (NASDAQ:AAPL) registered a 0.01% increase, still its new closing price is 37.74% up from the company’s 1 year high of 122.44.It posted 1.63% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 1 sells versus 17 buy or better ratings. The 49 stock analysts following this company have an average price target at $133.40, with individual PT in the $85.00-$185.00 range. The shares moved at $121.95, implying that brokerage firms see shares gaining about 32.49% in twelve months time.
Apple Inc. (AAPL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 5.29% rise year to date. A CEO at Apple Inc. (AAPL) offloaded shares in a transaction closed on Friday January 27, 2017. COOK TIMOTHY D sold 30,000 shares in the company at $121.37 each and collected $3,641,000 in proceeds. COOK TIMOTHY D now owns 949,809 shares in the company after this transaction. A CEO in the company, COOK TIMOTHY D, disclosed a transaction on Tuesday January 24, 2017 that ended up generating $3,604,000 from the sale of 30,000 shares at $120.14 per share.
Apple Inc. (NASDAQ:AAPL) Upcoming Results on Tap
Apple Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $3.58 in that period. Sales during the quarter are predicted to arrive at $81.6 billion.
Earnings surprise history: Last quarter, the company posted approximately $46.85 billion in revenue and EPS of $1.67. The mean forecast was for $46.94 billion and $1.66 a share, respectively. One quarter earlier, revenue for the stock was at $42.36 billion, with earnings at $1.42/share.
Apple Inc. (AAPL) Brokerage Update
Apple Inc. (AAPL) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were downgraded to Equal Weight from Overweight by Barclays, according to news reported on Tuesday January 24, 2017.Another important research note was issued by Hilliard Lyons on Thursday October 27, 2016.The firm downgraded AAPL to Long-term Buy from Buy. Over the last six months and over the last three months, the shares of Apple Inc. (AAPL), have changed 18.11% and 6.04%, respectively.