Traders bought shares of Apple Inc. (NASDAQ:AAPL) on weakness during trading on Monday. $761.36 million flowed into the stock on the tick-up and $712.89 million flowed out of the stock on the tick-down, for a money net flow of $48.47 million into the stock. Of all stocks tracked, Apple had the 11th highest net in-flow for the day. Apple traded down ($1.32) for the day and closed at $97.34

A number of brokerages have weighed in on AAPL. Raymond James Financial Inc. reissued a “hold” rating on shares of Apple in a research note on Saturday, July 9th. Barclays PLC reissued a “buy” rating on shares of Apple in a research note on Sunday, July 17th. Credit Suisse Group AG reissued a “buy” rating and set a $150.00 price target on shares of Apple in a research note on Sunday, July 17th. Royal Bank Of Canada restated an “outperform” rating and set a $120.00 price objective on shares of Apple in a report on Friday, June 3rd. Finally, Piper Jaffray Cos. restated a “buy” rating and set a $153.00 price objective on shares of Apple in a report on Sunday, May 22nd. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and forty-six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $125.62.

The firm has a market cap of $533.17 billion and a price-to-earnings ratio of 10.84. The company has a 50-day moving average price of $96.99 and a 200-day moving average price of $99.26.

Apple (NASDAQ:AAPL) last announced its earnings results on Tuesday, April 26th. The iPhone maker reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by $0.10. The business earned $50.56 billion during the quarter, compared to analyst estimates of $52 billion. During the same quarter last year, the firm earned $2.33 earnings per share. The business’s revenue was down 12.8% on a year-over-year basis. On average, equities research analysts anticipate that Apple Inc. will post $8.22 EPS for the current year.

In other Apple news, SVP D Bruce Sewell sold 103,300 shares of the firm’s stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $96.78, for a total value of $9,997,374.00. Following the transaction, the senior vice president now directly owns 239,432 shares of the company’s stock, valued at $23,172,228.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Johny Srouji sold 8,000 shares of the firm’s stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $99.75, for a total value of $798,000.00. Following the completion of the transaction, the senior vice president now directly owns 116,460 shares in the company, valued at $11,616,885. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently made changes to their positions in AAPL. Park National boosted its position in shares of Apple by 2.4% in the fourth quarter. Park National now owns 217,154 shares of the iPhone maker’s stock valued at $22,858,000 after buying an additional 5,098 shares during the last quarter. Clean Yield Group boosted its position in Apple by 4.5% in the fourth quarter. Clean Yield Group now owns 81,086 shares of the iPhone maker’s stock worth $8,102,000 after buying an additional 3,486 shares during the last quarter. Peoples Financial Services CORP. boosted its position in Apple by 2.7% in the fourth quarter. Peoples Financial Services CORP. now owns 19,066 shares of the iPhone maker’s stock worth $2,007,000 after buying an additional 510 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in Apple by 6.5% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 551,664 shares of the iPhone maker’s stock worth $58,068,000 after buying an additional 33,618 shares during the last quarter. Finally, Gargoyle Investment Advisor L.L.C. boosted its position in Apple by 0.7% in the fourth quarter. Gargoyle Investment Advisor L.L.C. now owns 18,212 shares of the iPhone maker’s stock worth $1,917,000 after buying an additional 132 shares during the last quarter.

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.

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