Investors sold shares of Apple Inc. (NASDAQ:AAPL) on strength during trading hours on Tuesday. $409.32 million flowed into the stock on the tick-up and $619.97 million flowed out of the stock on the tick-down, for a money net flow of $210.65 million out of the stock. Of all stocks tracked, Apple had the 0th highest net out-flow for the day. Apple traded up $0.44 for the day and closed at $108.81

AAPL has been the subject of a number of analyst reports. Robert W. Baird reaffirmed a “buy” rating on shares of Apple in a report on Thursday, June 2nd. Credit Suisse Group AG cut shares of Apple to a “buy” rating in a research report on Wednesday, April 27th. Sterne Agee CRT reiterated a “buy” rating and set a $135.00 target price on shares of Apple in a research report on Tuesday, May 3rd. Piper Jaffray Cos. reiterated a “buy” rating and set a $153.00 target price on shares of Apple in a research report on Wednesday, June 8th. Finally, Sanford C. Bernstein reiterated a “buy” rating and set a $135.00 target price on shares of Apple in a research report on Tuesday, April 26th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating, forty-five have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $126.13.

The stock has a market capitalization of $586.32 billion and a P/E ratio of 12.69. The company’s 50 day moving average price is $99.27 and its 200-day moving average price is $99.80.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Tuesday, July 26th. The iPhone maker reported $1.42 EPS for the quarter, topping the consensus estimate of $1.38 by $0.04. The firm had revenue of $42.36 billion for the quarter, compared to analysts’ expectations of $42.35 billion. During the same quarter in the previous 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 forecast that Apple Inc. will post $8.26 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 11th. Shareholders of record on Monday, August 8th will be issued a dividend of $0.57 per share. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $2.28 annualized dividend and a yield of 2.10%.

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

A number of hedge funds and institutional investors have recently added to or reduced their stakes in AAPL. Vaughan David Investments Inc. IL increased its position in Apple by 4.9% in the fourth quarter. Vaughan David Investments Inc. IL now owns 10,241 shares of the iPhone maker’s stock valued at $1,078,000 after buying an additional 474 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of Apple by 19.2% in the fourth quarter. Enterprise Financial Services Corp now owns 10,941 shares of the iPhone maker’s stock worth $1,152,000 after buying an additional 1,762 shares in the last quarter. Hudock Capital Group LLC increased its position in shares of Apple by 1.8% in the fourth quarter. Hudock Capital Group LLC now owns 11,956 shares of the iPhone maker’s stock worth $1,258,000 after buying an additional 216 shares in the last quarter. Security National Bank of SO Dak increased its position in shares of Apple by 3.5% in the fourth quarter. Security National Bank of SO Dak now owns 12,278 shares of the iPhone maker’s stock worth $1,292,000 after buying an additional 415 shares in the last quarter. Finally, Comgest Global Investors S.A.S. increased its position in shares of Apple by 25.0% in the fourth quarter. Comgest Global Investors S.A.S. now owns 12,500 shares of the iPhone maker’s stock worth $1,316,000 after buying an additional 2,500 shares in 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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