The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Apple Inc shares valued at $343,147 were sold by LEVINSON ARTHUR D on Feb 03 ’25. At $226.35 per share, LEVINSON ARTHUR D sold 1,516 shares. The insider’s holdings dropped to 4,159,576 shares worth approximately $966.98 million following the completion of this transaction.
Also, LEVINSON ARTHUR D purchased 1,516 shares, netting a total of over 343,147 in proceeds.
Before that, WILLIAMS JEFFREY E had sold 100,000 shares from its account. In a trade valued at $24,997,395, the COO traded Apple Inc shares for $249.97 each. Upon closing the transaction, the insider’s holdings decreased to 100,000 shares, worth approximately $90.65 million.
As published in a research note from KeyBanc Capital Markets on January 31, 2025, Apple Inc [AAPL] has been retained to an Underweight and the price target has been revised to $200. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in late January. As of January 28, 2025, TD Cowen has reiterated its “Buy” rating for AAPL. Earlier on January 24, 2025, BofA Securities resumed its rating. Their recommendation was “a Buy” for AAPL stock.
Analyzing AAPL Stock Performance
During the last five days, there has been a drop of approximately -2.88%. Over the course of the year, Apple Inc shares have dropped approximately -7.17%. Shares of the company reached a 52-week high of $249.10 on 01/02/25 and a 52-week low of $219.38 on 01/21/25. A 50-day SMA is recorded $240.39, while a 200-day SMA reached $220.64. Nevertheless, trading volume fell to 39.06 million shares from 45.07 million shares the previous day.
Support And Resistance Levels for Apple Inc (AAPL)
According to the 24-hour chart, there is a support level at 229.60, which, if violated, would cause prices to drop to 226.74. In the upper region, resistance lies at 234.00. The next price resistance is at 235.54. RSI (Relative Strength Index) is 46.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.70, which suggests the price will decrease in the coming days. Percent R is at 52.93%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
