AAPL Warning Signs as Insider Sales Reach 51,555 Shares
Apple Inc (AAPL) has been making strides in its financial health, according to GuruFocus analysis. The company's Piotroski F-Score is a healthy 9, indicating that it is unlikely to be involved in any manipulative activities.
Additionally, Apple's operating margin is expanding, which is usually a positive sign for investors. The Altman Z-score of 12.32 is also strong, suggesting that the company has good fundamentals.
However, there are some warning signs on the horizon. Over the past three months, there have been 3 insider selling transactions with no insider buying, resulting in 51,555 shares being sold.
The stock price of Apple Inc is close to its 10-year high, and the PS Ratio (=9.69) is also near its 10-year high of 10.57. Despite these concerns, GuruFocus still considers Apple a strong long-term holding due to its solid fundamentals.