Warning Signs Emerge for Apple Stock as Insiders Sell Shares
Apple Inc's stock has several warning signs, according to GuruFocus analysis. Despite this, some indicators suggest a healthy situation for the company. The Piotroski F-Score is 9, indicating a very healthy situation, while the Beneish M-Score is -2.47, implying that Apple is unlikely to be a manipulator.
The company's operating margin is expanding, which is usually a good sign. Additionally, Apple has shown predictable revenue and earnings growth, as indicated by its Altman Z-score of 12.43, which is strong.
However, there are also some warning signs for investors to consider. Over the past three months, there were four insider selling transactions with no insider buying, resulting in a total of 52,994 shares sold.
The stock price is close to its 10-year high, and the PS Ratio (=9.79) is near its 10-year high of 10.57. Furthermore, the dividend yield percentage is close to its 10-year low.