Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Manning & Napier Advisors LLC, managed by Bill Manning, recently executed a significant transaction involving Apple Inc ((AAPL)). The hedge fund increased its position by 40,772 shares.
Spark’s Take on AAPL Stock
According to Spark, TipRanks’ AI Analyst, AAPL is a Outperform.
The score is driven primarily by Apple’s very strong profitability and cash-flow generation, supported by constructive price momentum. Offsetting factors are a valuation that is not inexpensive (low dividend yield) and earnings-call risks around supply constraints, rising memory costs, and higher operating expenses that could pressure near-term margins.
To see Spark’s full report on AAPL stock, click here.
More about Apple Inc
YTD Price Performance: 3.14%
Average Trading Volume: 45,119,396
Current Market Cap: $3983.7B