Apple Inc’s filing revealed that its Director LEVINSON ARTHUR D acquired Company’s shares for reported $17.15 million on Nov 18 ’24. In the deal valued at $228.66 per share,75,000 shares were bought.
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Then, LEVINSON ARTHUR D bought 75,000 shares, generating $16,850,931 in total proceeds.
Before that, Maestri Luca sold 59,305 shares. Apple Inc shares valued at $13,433,769 were divested by the Senior Vice President, CFO at a price of $226.52 per share. As a result of the transaction, Maestri Luca now holds 107,788 shares, worth roughly $24.58 million.
Loop Capital reiterated its Apple Inc [AAPL] rating to a Buy in a research note published on November 04, 2024; the price target was $275. A number of analysts have revised their coverage, including Maxim Group’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Hold”‘ rating for it. KeyBanc Capital Markets also remained covering AAPL and has decreased its forecast on October 25, 2024 with a “an Underweight” recommendation from previously “Sector weight” rating. Jefferies revised its rating on October 07, 2024. It rated AAPL as “a Hold” which previously was an “a Buy”.
Price Performance Review of AAPL
On Monday, Apple Inc [NASDAQ:AAPL] saw its stock jump 1.34% to $228.02. Over the last five days, the stock has gained 1.69%. Apple Inc shares have risen nearly 18.43% since the year began. Nevertheless, the stocks have risen 20.19% over the past one year. While a 52-week high of $237.49 was reached on 10/15/24, a 52-week low of $164.07 was recorded on 04/19/24. SMA at 50 days reached $227.18, while 200 days put it at $204.05.
Levels Of Support And Resistance For AAPL Stock
The 24-hour chart illustrates a support level at 225.55, which if violated will result in even more drops to 223.07. On the upside, there is a resistance level at 230.12. A further resistance level may holdings at 232.21. The Relative Strength Index (RSI) on the 14-day chart is 51.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.61%. Stochastics %K at 51.08% indicates the stock is a holding.
How much short interest is there in Apple Inc?
A steep rise in short interest was recorded in Apple Inc stocks on 2024-10-31, dropping by -8.7 million shares to a total of 133.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 141.74 million shares. There was a decline of -6.54%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 19, 2024 when MoffettNathanson began covering the stock and recommended ‘”a Neutral”‘ rating along with a $211 price target.
