Atlantic Securities Analysts Give Apple Inc. (AAPL) a $190.00 Price Target

"(AAPL) a $193.00 Price Target" was originally posted by StockNewsTimes and is the property of of StockNewsTimes. The brokerage presently has a "buy" rating on the iPhone maker's stock. 16,021,857 shares of the stock were exchanged.

Large investors have recently modified their holdings of the stock.

A number of other analysts also recently issued reports on the company. Blue Sky Asset Management LLC bought a new position in shares of Apple in the 2nd quarter valued at approximately $108,000. Vantage Financial Partners Ltd. Inc. bought a new stake in shares of Apple in the 2nd quarter worth $400,000. Even though the firm by no means unveils such data, TechInsights appears to have calculated the price of the elements utilized in the production of the handset. Hefty Wealth Partners now owns 804 shares of the iPhone maker's stock worth $115,000 after buying an additional 174 shares in the last quarter. Iowa State Bank boosted its holdings in shares of Apple by 7.2% in the 1st quarter. FNY Managed Accounts LLC boosted its holdings in Apple by 852.4% during the second quarter. FNY Managed Accounts LLC now owns 800 shares of the iPhone maker's stock valued at $115,000 after acquiring an additional 716 shares in the last quarter.

Shares of Apple Inc.

Apple (NASDAQ:AAPL) traded down $0.95 on Friday, hitting $170.15. The company's stock had a trading volume of 21,665,811 shares, compared to its average volume of 27,215,137. Animojis and Face ID are two apps that take advantage of this technology. The company has a market capitalization of $878,480.00, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 1.38 and a beta of 1.25. "His face is smaller than my wife's face and the geometry of their faces don't match, at least to human eyes". Apple had a net margin of 21.09% and a return on equity of 36.29%. The business had revenue of $52.58 billion during the quarter, compared to analyst estimates of $50.71 billion. During the same quarter in the prior year, the company posted $1.50 EPS. equities research analysts forecast that Apple will post 11.18 earnings per share for the current year. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. Stockholders of record on Monday, November 13th were issued a $0.63 dividend. The iPhone X is the only 1 of the 3 new smartphones rolled out this year that has an OLED screen. This is more manufacturing-friendly, as the iPhone X's sensor required an impeccable degree of accuracy. Apple's payout ratio is currently 27.42%. BMO Capital Markets restated a "buy" rating and issued a $160.00 price target on shares of Apple in a research report on Wednesday. Barclays PLC set a $123.00 price target on Apple and gave the stock a "neutral" rating in a research report on Wednesday. Drexel Hamilton restated a buy rating and issued a $202.00 price objective on shares of Apple in a report on Thursday, July 6th. Credit Suisse Group reaffirmed a buy rating and set a $170.00 target price on shares of Apple in a research note on Sunday, July 9th. The tech ginat seems pleased with what they achieved, and they're looking to incorporate similar technology into the 2019 iPhone model. Apple has a consensus rating of "Buy" and a consensus price target of $200.24. Also, insider Johny Srouji sold 5,892 shares of the firm's stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $161.00, for a total transaction of $948,612.00. Following the transaction, the insider now directly owns 39,682 shares of the company's stock, valued at $6,839,192.70. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

In related news, insider Angela J. Ahrendts sold 63,388 shares of the firm's stock in a transaction that occurred on Thursday, October 5th. The latter will be dedicated for augmented reality applications, while the former will also lend a hand for the Face ID feature for face recognition and unlocking. Insiders sold a total of 410,352 shares of company stock worth $65,356,512 in the last 90 days. The phone unlocks for the owner of the device with a glance.

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. Hedge funds and other institutional investors own 60.38% of the company's stock.

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