Apple Inc’s recent filing unveils 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 $92.03 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 $993.46 million.
KeyBanc Capital Markets reiterated its Apple Inc [AAPL] rating to an Underweight in a research note published on January 31, 2025; the price target was $200. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Perform”. TD Cowen also remained covering AAPL and reiterated its “Buy” recommendation on January 28, 2025. BofA Securities maintained its rating on January 24, 2025. It rated AAPL as “a Buy”.
Price Performance Review of AAPL
On Friday, Apple Inc [NASDAQ:AAPL] saw its stock fall -0.67% to $236.00. Over the last five days, the stock has gained 5.93%. Apple Inc shares have fallen nearly -5.76% since the year began. Nevertheless, the stocks have risen 25.51% 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 01/21/25. SMA at 50 days reached $240.23, while 200 days put it at $219.69.
Levels Of Support And Resistance For AAPL Stock
The 24-hour chart illustrates a support level at 230.56, which if violated will result in even more drops to 225.13. On the upside, there is a resistance level at 244.31. A further resistance level may holdings at 252.63. The Relative Strength Index (RSI) on the 14-day chart is 49.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.24%. Stochastics %K at 75.64% 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 2025-01-15, dropping by -21.27 million shares to a total of 135.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 156.46 million shares. There was a decline of -15.73%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 23, 2025 when Goldman resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $280.
