Apple Inc’s recently made public that its COO WILLIAMS JEFFREY E unloaded Company’s shares for reported $25.0 million on Dec 16 ’24. In the deal valued at $249.97 per share,100,000 shares were sold. As a result of this transaction, WILLIAMS JEFFREY E now holds 389,944 shares worth roughly $99.54 million.
Then, WILLIAMS JEFFREY E bought 100,000 shares, generating $24,997,440 in total proceeds.
Before that, LEVINSON ARTHUR D sold 75,000 shares. Apple Inc shares valued at $17,149,500 were divested by the Director at a price of $228.66 per share. As a result of the transaction, LEVINSON ARTHUR D now holds 4,209,576 shares, worth roughly $1.07 billion.
UBS reiterated its Apple Inc [AAPL] rating to a Neutral in a research note published on December 02, 2024; the price target was $236. A number of analysts have revised their coverage, including MoffettNathanson’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Neutral”‘ rating for it. Loop Capital also remained covering AAPL and reiterated its “Buy” recommendation on November 04, 2024. Maxim Group maintained its rating on November 01, 2024. It rated AAPL as “a Hold”.
Price Performance Review of AAPL
On Monday, Apple Inc [NASDAQ:AAPL] saw its stock jump 0.31% to $255.27. Over the last five days, the stock has gained 1.68%. Apple Inc shares have risen nearly 32.59% since the year began. Nevertheless, the stocks have risen 31.12% over the past one year. While a 52-week high of $255.00 was reached on 12/23/24, a 52-week low of $164.07 was recorded on 04/19/24. SMA at 50 days reached $235.38, while 200 days put it at $211.35.
Levels Of Support And Resistance For AAPL Stock
The 24-hour chart illustrates a support level at 253.93, which if violated will result in even more drops to 252.59. On the upside, there is a resistance level at 256.13. A further resistance level may holdings at 256.99. The Relative Strength Index (RSI) on the 14-day chart is 73.01, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.75, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.64%. Stochastics %K at 89.32% indicates the stock is a selling.
How much short interest is there in Apple Inc?
A steep rise in short interest was recorded in Apple Inc stocks on 2024-11-29, growing by 21.06 million shares to a total of 154.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 133.04 million shares. There was a rise of 13.67%, which implies that there is a positive sentiment for the stock.
