Representative Cleo Fields (D-Louisiana) recently bought shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on July 01st, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on June 25th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE - FIELDS LAW FIRM 2, LLC" account.
Representative Cleo Fields also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of AT&T NYSE: T on 6/30/2025.
- Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Cisco Systems NASDAQ: CSCO on 6/30/2025.
- Purchased $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 6/30/2025.
- Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/30/2025.
- Purchased $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 6/30/2025.
- Purchased $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
Apple Price Performance
Shares of NASDAQ:AAPL traded down $0.14 during midday trading on Thursday, hitting $210.02. The company's stock had a trading volume of 47,994,715 shares, compared to its average volume of 53,198,006. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.82. The business's 50 day simple moving average is $204.07 and its 200 day simple moving average is $216.41. The company has a market cap of $3.14 trillion, a P/E ratio of 32.71, a price-to-earnings-growth ratio of 2.34 and a beta of 1.20. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $260.10.
Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The iPhone maker reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.03. Apple had a return on equity of 167.24% and a net margin of 24.30%. The company had revenue of $95.36 billion for the quarter, compared to analysts' expectations of $94.04 billion. During the same period in the prior year, the firm earned $1.53 earnings per share. The firm's revenue was up 5.1% compared to the same quarter last year. On average, analysts forecast that Apple Inc. will post 7.28 EPS for the current year.
Apple Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 12th were paid a dividend of $0.26 per share. This is a positive change from Apple's previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend was Monday, May 12th. Apple's payout ratio is 16.20%.
Apple announced that its Board of Directors has initiated a stock repurchase program on Thursday, May 1st that allows the company to buyback $100.00 billion in outstanding shares. This buyback authorization allows the iPhone maker to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
Insider Activity at Apple
In related news, insider Chris Kondo sold 4,486 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $208.19, for a total value of $933,940.34. Following the completion of the transaction, the insider owned 15,533 shares of the company's stock, valued at approximately $3,233,815.27. This trade represents a 22.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kevan Parekh sold 4,570 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $206.00, for a total transaction of $941,420.00. Following the completion of the transaction, the chief financial officer directly owned 4,569 shares of the company's stock, valued at $941,214. This represents a 50.01% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.06% of the company's stock.
Institutional Investors Weigh In On Apple
Several large investors have recently made changes to their positions in the company. Regent Peak Wealth Advisors LLC grew its position in Apple by 0.9% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 111,858 shares of the iPhone maker's stock worth $28,012,000 after buying an additional 1,050 shares during the last quarter. Tallon Kerry Patrick acquired a new position in Apple in the fourth quarter worth approximately $1,877,000. First National Bank of Hutchinson grew its position in Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock worth $8,845,000 after buying an additional 6,982 shares during the last quarter. Capital & Planning LLC grew its position in Apple by 10.7% in the fourth quarter. Capital & Planning LLC now owns 27,298 shares of the iPhone maker's stock worth $6,836,000 after buying an additional 2,647 shares during the last quarter. Finally, Channel Wealth LLC grew its position in Apple by 0.8% in the fourth quarter. Channel Wealth LLC now owns 58,816 shares of the iPhone maker's stock worth $14,729,000 after buying an additional 493 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the company. UBS Group set a $210.00 price target on Apple and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Bank of America reaffirmed a "buy" rating and issued a $235.00 price objective on shares of Apple in a report on Tuesday, June 10th. Scotiabank lowered Apple to a "market perform" rating in a research note on Friday, May 2nd. Rosenblatt Securities lowered Apple from a "buy" rating to a "neutral" rating and set a $217.00 price target on the stock. in a research note on Friday, May 2nd. Finally, Citigroup restated a "buy" rating on shares of Apple in a research report on Tuesday, June 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $235.91.
View Our Latest Analysis on AAPL
About Representative FIELDS
Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.
Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.
Apple Company Profile
(
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Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
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