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KeyBanc Capital Markets analysts reiterates an Underweight rating for Apple Inc (AAPL)

Apple Inc’s filing revealed that its Director LEVINSON ARTHUR D unloaded Company’s shares for reported $0.34 million on Feb 03 ’25. In the deal valued at $226.35 per share,1,516 shares were sold. As a result of this transaction, LEVINSON ARTHUR D now holds 4,159,576 shares worth roughly $ 1.02 billion.

Then, LEVINSON ARTHUR D bought 1,516 shares, generating $343,147 in total proceeds.

Before that, WILLIAMS JEFFREY E sold 100,000 shares. Apple Inc shares valued at $24,997,395 were divested by the COO at a price of $249.97 per share. As a result of the transaction, WILLIAMS JEFFREY E now holds 389,944 shares, worth roughly $95.33 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 Tuesday, Apple Inc [NASDAQ:AAPL] saw its stock fall -0.05% to $244.47. Over the last five days, the stock has gained 7.39%. Apple Inc shares have fallen nearly -2.38% since the year began. Nevertheless, the stocks have risen 32.76% 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 $240.54, while 200 days put it at $223.33.

Levels Of Support And Resistance For AAPL Stock

The 24-hour chart illustrates a support level at 242.48, which if violated will result in even more drops to 240.49. On the upside, there is a resistance level at 245.82. A further resistance level may holdings at 247.17. The Relative Strength Index (RSI) on the 14-day chart is 60.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.66%. Stochastics %K at 87.75% indicates the stock is a selling.

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.

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