The 52 week high of shares in Apple Inc.is 123.82 while the 52 week low for the company’s shares is 89.47. The highest analyst price target is $185.00, which implies a gain of 37 percent.
Advertisement
Wells Fargo issued their verdict on Apple Inc. Piper Jaffray Cos. reiterated an overweight rating and issued a $151.00 price objective on shares of Apple in a research note on Friday. In this transaction, these shares were sold at value of $106.19 per share, according to the information disclosed by the Securities and Exchange Commission in a Form 4 filing on 31 Aug 2016. Verizon, for instance, hasn’t witnessed any unusual demand, while much is ambiguous about the Chinese market where the company has not been aggressively promoting its products as in other markets.
35 number of analysts have estimated the sales of the company for the quarter ending Oct 25, 2016- Oct 31, 2016, analysts estimated mean sale target of 46754.6 million while high and low sale targets are estimated at 48290.7 million and 45601 million respectively.
A current consensus EPS estimate for next quarter is at $3.14 and 3 month ago EPS forecast was $3.14. The shares were sold at an average price of $105.95, for a total transaction of $5,297,076.20.
The number of Apple Inc. shares in issue is 5,388,442,000 which have a current share price of 113.6 bringing Apple Inc.’s market capitalisation to 612.14B United States dollars. The company reported the earnings of $0.29/Share in the last quarter where the estimated EPS by analysts was $-0.19/share. The stock was sold at an average price of $100.00, for a total transaction of $2,500,000.00. The firm earned $42.36 billion during the quarter, compared to analyst estimates of $42.35 billion. Following the completion of the transaction, the senior vice president now directly owns 67,143 shares in the company, valued at approximately $7,113,800.85. Also, SVP D Bruce Sewell sold 24,000 shares of the stock in a transaction that occurred on Tuesday, August 16th.
The stock decreased 0.56% or $0.65 during the last trading session, hitting $114.92. Deschutes Portfolio Strategy LLC bought a new stake in shares of Apple during the fourth quarter worth about $3,535,000. The stock now has Weekly Volatility of 2.49% and Monthly Volatility of 1.51%. TRUE Private Wealth Advisors bought a new stake in shares of Apple during the fourth quarter worth about $3,082,000. River & Mercantile Asset Management LLP now owns 1,800 shares of the iPhone maker’s stock worth $172,000 after buying an additional 334 shares during the last quarter.
Earnings Estimates: “38” Analysts are saying that the company to announce quarterly earnings of $1.38 per share for current quarter period Quarter Ending Jun-16. River & Mercantile Asset Management LLP boosted its stake in shares of Apple by 22.8% in the second quarter.
Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions.
Advertisement
Apple Inc. 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.
