Traders sold shares of Apple Inc. (NASDAQ:AAPL) on strength during trading hours on Thursday. $440.22 million flowed into the stock on the tick-up and $549.43 million flowed out of the stock on the tick-down, for a money net flow of $109.21 million out of the stock. Of all stocks tracked, Apple had the 0th highest net out-flow for the day. Apple traded up $0.65 for the day and closed at $105.87

AAPL has been the topic of a number of recent analyst reports. Piper Jaffray Cos. reissued an “overweight” rating and set a $153.00 price target on shares of Apple in a research note on Tuesday, July 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $150.00 target price on shares of Apple in a research report on Wednesday, July 20th. Sanford C. Bernstein cut their target price on Apple from $135.00 to $125.00 and set an “outperform” rating on the stock in a research report on Monday, July 18th. Vetr raised Apple from a “buy” rating to a “strong-buy” rating and set a $107.09 target price on the stock in a research report on Monday, June 20th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $110.00 target price on shares of Apple in a research report on Sunday, July 24th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, forty-five have given a buy rating and one has given a strong buy rating to the company. Apple has a consensus rating of “Buy” and an average price target of $126.12.

The firm has a 50 day moving average of $98.51 and a 200 day moving average of $99.62. The firm has a market capitalization of $579.15 billion and a price-to-earnings ratio of 12.53.

Apple (NASDAQ:AAPL) last announced its earnings results on Tuesday, July 26th. The iPhone maker reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.04. The company earned $42.36 billion during the quarter, compared to analysts’ expectations of $42.35 billion. During the same period in the prior year, the business earned $1.85 earnings per share. The company’s revenue for the quarter was down 14.6% compared to the same quarter last year. On average, equities analysts expect that Apple Inc. will post $8.26 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 11th. Shareholders of record on Monday, August 8th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, August 4th.

In other Apple news, SVP Angela J. Ahrendts sold 50,000 shares of the stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $100.00, for a total transaction of $5,000,000.00. Following the transaction, the senior vice president now directly owns 147,971 shares in the company, valued at $14,797,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP D Bruce Sewell sold 103,300 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $96.78, for a total transaction of $9,997,374.00. Following the transaction, the senior vice president now owns 239,432 shares in the company, valued at $23,172,228.96. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Apple by 12.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,708,945 shares of the iPhone maker’s stock worth $179,884,000 after buying an additional 185,942 shares during the last quarter. YHB Investment Advisors Inc. boosted its position in shares of Apple by 3.5% in the fourth quarter. YHB Investment Advisors Inc. now owns 128,606 shares of the iPhone maker’s stock worth $13,537,000 after buying an additional 4,373 shares during the last quarter. WestEnd Advisors LLC boosted its position in shares of Apple by 1.8% in the fourth quarter. WestEnd Advisors LLC now owns 901,358 shares of the iPhone maker’s stock worth $94,877,000 after buying an additional 16,286 shares during the last quarter. National Penn Investors Trust Co. PA boosted its position in shares of Apple by 0.8% in the fourth quarter. National Penn Investors Trust Co. PA now owns 248,587 shares of the iPhone maker’s stock worth $26,166,000 after buying an additional 1,982 shares during the last quarter. Finally, Levy Harkins & Co. Inc. boosted its position in shares of Apple by 3.0% in the fourth quarter. Levy Harkins & Co. Inc. now owns 173,367 shares of the iPhone maker’s stock worth $18,249,000 after buying an additional 5,057 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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