Apple Inc’s filing revealed 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 $92.36 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 $997.04 million.
MoffettNathanson downgraded its Apple Inc [AAPL] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who remained covering the stock and in early January has reiterated a ‘”an Outperform”‘ rating for it. Wedbush also remained covering AAPL and reiterated its “an Outperform” recommendation on December 26, 2024. UBS maintained its rating on December 02, 2024. It rated AAPL as “a Neutral”.
Price Performance Review of AAPL
On Friday, Apple Inc [NASDAQ:AAPL] saw its stock fall -2.41% to $236.85. Over the last five days, the stock has lost -2.87%. Apple Inc shares have fallen nearly -5.42% since the year began. Nevertheless, the stocks have risen 27.93% over the past one year. While a 52-week high of $260.10 was reached on 01/02/25, a 52-week low of $164.07 was recorded on 01/10/25. SMA at 50 days reached $238.71, while 200 days put it at $215.46.
Levels Of Support And Resistance For AAPL Stock
The 24-hour chart illustrates a support level at 233.18, which if violated will result in even more drops to 229.51. On the upside, there is a resistance level at 240.34. A further resistance level may holdings at 243.83. The Relative Strength Index (RSI) on the 14-day chart is 37.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.79%. Stochastics %K at 13.55% indicates the stock is a buying.
How much short interest is there in Apple Inc?
A steep rise in short interest was recorded in Apple Inc stocks on 2024-12-13, growing by 15.42 million shares to a total of 156.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 141.04 million shares. There was a rise of 9.86%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 19, 2024 when MoffettNathanson resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $202.
