NASDAQ: AAPL shares traded at $ 1.30 on Friday at $ 167.78. 38,398,505 shares were exchanged, compared with an average volume of 33,765,096. The stock has a market capitalization of $ 851,317.94, a price-earnings ratio of 18.22, a price-earnings ratio of 1.27, and a beta of 1.19. The company has a current ratio of 1.24, a fast ratio of 1.20 and a debt ratio of 0.74. Apple has a 12-month low of $ 140.06 and a 12-month high of $ 183.50.
Apple (NASDAQ: AAPL) last published its quarterly results on Thursday, February 1. The iPhone maker reported earnings per share of $ 3.89 for the quarter, surpassing Thomson Reuters consensus estimate of $ 3.82 by $ 0.07. The company generated $ 88.29 billion in revenue for the quarter, compared to analysts' expectations of $ 87.62 billion. Apple had a return on equity of 37.37% and a net margin of 21.13%. The company's quarterly revenue grew 12.7% year-on-year. In the same period last year, the company achieved earnings per share of $ 3.36. Stock analysts predict that Apple will book 11.37 EPS for the current year.
In other news, insider Daniel J. Riccio sold 15,641 shares of the company in a transaction that took place on Friday, January 5. The shares were sold at an average price of $ 174.78, representing a total transaction of $ 2,733,733.98. Upon completion of the transaction, the insider now directly owns 13,739 shares in the company worth approximately $ 2,401,302.42. The sale was published in a document with the Securities & Exchange Commission available through this hyperlink. 0.08% of the shares are owned by insiders.
Large investors have recently increased or reduced their stake in the company. Markel Corp increased its stake in Apple by 14.4% in the second quarter. Markel Corp. now owns 103,100 shares of iPhone Maker's stock worth $ 14,848,000 following the acquisition of another 13,000 shares in the last quarter. Parsec Financial Management Inc. increased its stake in Apple by 0.3% in the second quarter. Parsec Financial Management Inc. now holds 283,170 shares of the iPhone maker's stock worth $ 40,752,000 following the purchase of another 915 shares during the period. Hartford Financial Management Inc. increased its stake in Apple by 12.5% in the second quarter. Hartford Financial Management Inc. now holds 11,308 iPhone Maker shares worth $ 1,628,000 following the purchase of another 1,255 shares over the period. Garde Capital Inc. has increased its stake in Apple by 28.6% in the second quarter. Garde Capital Inc. now owns 23,087 shares of iPhone Maker's stock worth $ 3,325,000 following the purchase of another 5,135 shares during the period. Finally, Foster & Motley Inc. increased its stake in Apple by 15.8% in the second quarter. Foster & Motley Inc. now holds 84,349 shares of the iPhone Maker Share worth $ 12,148,000 following the purchase of another 11,529 shares over the period. Institutional investors own 61.35% of the company's stock.
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Apple Inc. (Apple) designs, manufactures, and markets mobile communications and media devices, personal computers, and portable digital music players and a variety of related software, services, peripherals, network solutions, and digital content and third-party applications. The company's products and services include the 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 accessories, services, and support offerings.
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