Apple Inc. (NASDAQ:AAPL) registered a -0.01% decrease, still its new closing price is 35.53% up from the company’s 1 year high of 120.24.It posted 0.74% gains in previous 5 sessions and is now the subject of 7 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 $132.75, with individual PT in the $85.00-$185.00 range. The shares moved at $119.99, implying that brokerage firms see shares gaining about 26.90% 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 3.60% rise year to date. A Senior Vice President, CFO at Apple Inc. (AAPL) offloaded shares in a transaction closed on Friday January 06, 2017. Maestri Luca sold 4,010 shares in the company at $117.88 each and collected $472,001 in proceeds. Maestri Luca now owns 422 shares in the company after this transaction. A Senior Vice President, CFO in the company, Maestri Luca, disclosed a transaction on Wednesday December 28, 2016 that ended up generating $270,001 from the sale of 2,300 shares at $117.67 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 $3.55 in that period. Sales during the quarter are predicted to arrive at $81.12 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 Hilliard Lyons’s research list so their analyst rating change is noteworthy. These shares were downgraded to Long-term Buy from Buy by Hilliard Lyons, according to news reported on Thursday October 27, 2016.Another important research note was issued by Stifel on Wednesday October 26, 2016.The firm downgraded AAPL to Hold from Buy. Over the last six months and over the last three months, the shares of Apple Inc. (AAPL), have changed 21.42% and 2.60%, respectively.
Apple Inc. (NASDAQ:AAPL) on January 18, 2017 announced major updates to its music creation apps with exciting new features for music makers of all levels on iPhone®, iPad® and Mac®. GarageBand® for iOS 2.2 now features the powerful creative synthesizer Alchemy and a new sound browser that makes searching through instruments and patches easier than ever. Logic Pro™ X 10.3 becomes an even more powerful tool for pros with a modern interface, new features for professional audio production as well as support for the revolutionary Touch Bar™ on the new MacBook Pro®, putting intuitive, context-sensitive controls right at users’ fingertips.
Logic Pro X users can also remotely add new tracks to their Logic® sessions from their iPhone or iPad when they’re away from their Mac. With a new share option, users can upload a special GarageBand-compatible version of a Logic project to iCloud®, which they can then open on their iOS devices and add new recordings whenever inspiration strikes. When the project is saved back to iCloud, any newly added tracks will automatically appear in the original Logic project the next time it’s opened on a Mac.
