Tag Archive | "Apple Stock"
Apple shares rebound and inch closer to all-time high
Apple shares tend to fluctuate like no other, and after having crept down below to sub-$600 levels for a while, the stock has been on a tear lately. Moving the stock along, as far as we can tell, is anticipation ahead of Apple’s iPhone 5 unveiling set for September 12th, and perhaps, Apple’s issuance of […]
Continue reading...Apple to pay out dividend of $2.65/share today
Thursday, August 16, 2012
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Over the past few years, Apple’s bank account has exploded to where they now have over $100 billion dollars at their disposal. As a result, many have long wondered just what exactly Apple is planning to do with all that cash. For a while, the company brass explained that they were keeping it close so […]
Continue reading...Apple as a great dividend stock
Tuesday, May 29, 2012
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Parsimony Investment Research makes the case: It’s clear that Apple has the potential to become one of the greatest dividend growth stocks ever. While we don’t necessarily think that this is the current mission for Apple execs, the stock should become a core holding in your DIY Dividend Portfolio in the coming months.
Continue reading...Apple’s Scott Forstall sells 95% of his AAPL shares
Wednesday, May 2, 2012
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With Apple’s share price in the lower $600 range, Apple’s Scott Forstall decided to cash out on 95% of his Apple shares this past Friday by selling 64,151 shares for a net take of $38.7 million according to a filed SEC Form 4. According to Phillip Elmer-DeWitt, Forstall’s holdings were the result of a bonus […]
Continue reading...Goldman Sachs puts $750 target on Apple shares
Wednesday, April 18, 2012
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With Apple set to report earnings next week, and the stock now back to previous above $600 trading levels, Godman Sachs analyst Bill Shope today issued an extremely bullish research note on Apple, advising investors to stock up on Apple shares in the weeks ahead. On the absurd notion, from a boneheaded analyst, that carrier […]
Continue reading...Jim Cramer calls Apple the “greatest growth stock of our lives”
Tuesday, April 10, 2012
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As I type this now, shares of Apple are trading in the $642 range. In the past 6 months, the stock has skyrocketed nearly 65%, and the crazy thing is that it may keep on ascending skyward for some time. Last week, analyst Brian White put a $1001 stock target on Apple shares. Meanwhile, other […]
Continue reading...Analyst sees Apple shares hitting $1001
Monday, April 2, 2012
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In his first research note covering Apple, Topeka Capital Markets analyst Brian White levied a $1001 price target on the company’s shares. And with Apple currently hovering in the $618 range, Apple shares will have to appreciate by 62% to reach the $1000 level. Incidentally, it’s curious, and somewhat comical, that White’s price target is […]
Continue reading...Apple to initiate stock buyback and dividend with its $100 billion cash hoard
Monday, March 19, 2012
Apple today announced plans to initiate a stock buyback and dividend with its ever growing stockpile of cash. The stock buyback program will be worth $10 billion while the dividends, set to be paid during the Q4 of 2012, will be $2.65 a share. MacRumors has the full rundown of the conference call held earlier […]
Continue reading...Tim Cook cashes in 37,500 shares of Apple stock, nets $11.1 million after taxes
Wednesday, March 14, 2012
Apple filed a Form 4 with the US Securities and Exchange Commission on Tuesday indicating that CEO Tim Cook, on March 10, sold 37,500 shares of Apple stock. When the dust settled, Cook took home $11.1 million after taxes. The shares Cook sold had just recently vested after a 2-year waiting period. The shares were […]
Continue reading...AAPL shares climb to all-time closing and intraday highs
Wednesday, March 14, 2012
Update: As of 10am Central Time, Apple shares are up $14.43 and are trading at $582.53. Buoyed by Apple’s latest iPad unveiling and the already strong demand for Apple’s next-gen tablet, shares of Apple on Tuesday climbed to all-time closing and intraday highs. At the close of trading on Tuesday, shares of APPL were trading at […]
Continue reading...Apple’s market cap passes the $500 billion threshold as stock climbs towards $550
Sunday, March 4, 2012
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Shares of Apple last week continued their meteoric rise as the company entered uncharted territory – $500 billion market cap. Or if you want to make it sound all the more impressive, Apple’s market cap is now half way to a trillion. While a number of companies have reached the $500 billion market cap milestone, […]
Continue reading...Citigroup raises Apple stock target to $600
Friday, February 3, 2012
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Barron’s reports: Citigroup’s Richard Gardner this morning reiterates a Buy rating on shares of Apple and a $600 price target after hosting a meeting on Thursday with chief executive Tim Cook andCFO Peter Oppenheimer on Apple’s campus. Among the “key points” Gardner gleaned was that Cook reiterated a view that expansion in theiOS operating system platform will lead to tablet sales eventually […]
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Thursday, August 16, 2012
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