Apple Inc (AAPL) kicked off at the price of $231.41: Venture capitalists have an exciting new opportunity

Apple Inc (NASDAQ: AAPL) kicked off on Friday, up 0.36% from the previous trading day, before settling in for the closing price of $230.57. Over the past 52 weeks, AAPL has traded in a range of $164.07-$237.49.

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During the last 5-year period, the sales growth of Technology Sector giant was 10.97%. While this was happening, its average annual earnings per share was recorded 9.40%. With a float of $15.19 billion, this company’s outstanding shares have now reached $15.55 billion.

Let’s determine the extent of company efficiency that accounts for 161000 employees. In terms of profitability, gross margin is 45.96%, operating margin of 31.27%, and the pretax margin is 31.35%.

Apple Inc (AAPL) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Consumer Electronics Industry. The insider ownership of Apple Inc is 0.09%, while institutional ownership is 62.59%. The most recent insider transaction that took place on Oct 04 ’24, was worth 13,433,769. In this transaction Senior Vice President, CFO of this company sold 59,305 shares at a rate of $226.52, taking the stock ownership to the 107,788 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 59,305 for $225.67, making the entire transaction worth $13,383,359.

Apple Inc (AAPL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 9.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.29% during the next five years compared to 15.55% growth over the previous five years of trading.

Apple Inc (NASDAQ: AAPL) Trading Performance Indicators

Take a look at Apple Inc’s (AAPL) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.12. Likewise, its price to free cash flow for the trailing twelve months is 33.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.57, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 7.41 in one year’s time.

Technical Analysis of Apple Inc (AAPL)

Looking closely at Apple Inc (NASDAQ: AAPL), its last 5-days average volume was 39.46 million, which is a drop from its year-to-date volume of 59.64 million. As of the previous 9 days, the stock’s Stochastic %D was 33.36%. Additionally, its Average True Range was 4.29.

During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 86.59%, which indicates a significant increase from 57.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.27% in the past 14 days, which was lower than the 25.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $226.80, while its 200-day Moving Average is $201.05. However, in the short run, Apple Inc’s stock first resistance to watch stands at $233.23. Second resistance stands at $235.05. The third major resistance level sits at $236.88. If the price goes on to break the first support level at $229.58, it is likely to go to the next support level at $227.75. Now, if the price goes above the second support level, the third support stands at $225.93.

Apple Inc (NASDAQ: AAPL) Key Stats

The company with the Market Capitalisation of 3518.38 billion has total of 15,334,081K Shares Outstanding. Its annual sales at the moment are 383,285 M in contrast with the sum of 96,995 M annual income. Company’s last quarter sales were recorded 85,777 M and last quarter income was 21,448 M.