Apple Inc. (NASDAQ:AAPL) insider Philip W. Schiller sold 56,808 shares of Apple stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $154.70, for a total transaction of $8,788,197.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Apple Inc. (NASDAQ:AAPL) traded up 1.24% during mid-day trading on Thursday, hitting $155.39. 21,278,273 shares of the stock traded hands. Apple Inc. has a 1-year low of $104.08 and a 1-year high of $164.94. The stock has a market cap of $802.62 billion, a price-to-earnings ratio of 17.64 and a beta of 1.27. The company’s 50 day moving average price is $158.23 and its 200-day moving average price is $150.89.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.10. The firm had revenue of $45.41 billion for the quarter, compared to analysts’ expectations of $44.94 billion. Apple had a net margin of 20.87% and a return on equity of 35.40%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.42 earnings per share. Analysts predict that Apple Inc. will post $9.01 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First National Bank of Mount Dora Trust Investment Services boosted its stake in Apple by 8.6% during the third quarter. First National Bank of Mount Dora Trust Investment Services now owns 34,987 shares of the iPhone maker’s stock worth $5,393,000 after buying an additional 2,766 shares during the period. Crow Point Partners LLC lifted its position in shares of Apple by 100.0% during the third quarter. Crow Point Partners LLC now owns 1,000 shares of the iPhone maker’s stock worth $153,000 after purchasing an additional 500 shares during the last quarter. Parker Investment Management LLC lifted its position in shares of Apple by 2.1% during the third quarter. Parker Investment Management LLC now owns 22,714 shares of the iPhone maker’s stock worth $3,501,000 after purchasing an additional 470 shares during the last quarter. McQueen Ball & Associates Inc. lifted its position in shares of Apple by 2.6% during the third quarter. McQueen Ball & Associates Inc. now owns 37,913 shares of the iPhone maker’s stock worth $5,843,000 after purchasing an additional 962 shares during the last quarter. Finally, Curbstone Financial Management Corp lifted its position in shares of Apple by 89.2% during the third quarter. Curbstone Financial Management Corp now owns 47,132 shares of the iPhone maker’s stock worth $7,264,000 after purchasing an additional 22,216 shares during the last quarter. 60.36% of the stock is owned by institutional investors.

A number of analysts have commented on AAPL shares. Oppenheimer Holdings, Inc. reaffirmed a “” rating on shares of Apple in a report on Thursday, August 10th. Longbow Research reaffirmed a “buy” rating and set a $173.00 target price on shares of Apple in a report on Tuesday, June 13th. Drexel Hamilton reaffirmed a “buy” rating and set a $202.00 target price on shares of Apple in a report on Tuesday, June 13th. Argus lifted their target price on shares of Apple from $160.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, June 7th. Finally, UBS AG set a $170.00 price target on shares of Apple and gave the company a “buy” rating in a report on Monday, June 12th. Nine investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $189.60.

Apple Company Profile

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

Insider Buying and Selling by Quarter for Apple (NASDAQ:AAPL)

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