Apple (NASDAQ:AAPL) Stock Acquired Rep. Cleo Fields

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 $50,001 and $100,000 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 Trading Down 0.1%

Shares of Apple stock traded down $0.14 on Thursday, hitting $210.02. 47,994,715 shares of the company traded hands, compared to its average volume of 53,198,006. The stock's 50 day moving average price is $204.32 and its 200-day moving average price is $216.12. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $260.10. The company has a market cap of $3.14 trillion, a PE ratio of 32.71, a PEG ratio of 2.35 and a beta of 1.20.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The iPhone maker reported $1.65 EPS for the quarter, topping the consensus estimate of $1.62 by $0.03. The firm had revenue of $95.36 billion during the quarter, compared to analyst estimates of $94.04 billion. Apple had a net margin of 24.30% and a return on equity of 167.24%. Apple's revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.53 EPS. Equities research analysts predict that Apple Inc. will post 7.28 EPS for the current year.

Apple announced that its board has authorized a share repurchase program on Thursday, May 1st that allows the company to repurchase $100.00 billion in outstanding shares. This repurchase authorization allows the iPhone maker to buy up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 12th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.50%. This is a positive change from Apple's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Monday, May 12th. Apple's dividend payout ratio (DPR) is presently 16.20%.

Hedge Funds Weigh In On Apple

Hedge funds have recently modified their holdings of the company. Elwood & Goetz Wealth Advisory Group LLC grew its position in shares of Apple by 8.4% in the 2nd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 16,353 shares of the iPhone maker's stock worth $3,355,000 after buying an additional 1,265 shares during the period. Spectrum Strategic Capital Management LLC raised its position in shares of Apple by 17.1% in the 2nd quarter. Spectrum Strategic Capital Management LLC now owns 20,472 shares of the iPhone maker's stock worth $4,200,000 after purchasing an additional 2,996 shares during the last quarter. Emerald Advisors LLC raised its position in shares of Apple by 8.0% in the 2nd quarter. Emerald Advisors LLC now owns 22,017 shares of the iPhone maker's stock worth $4,517,000 after purchasing an additional 1,634 shares during the last quarter. LifeGuide Financial Advisors LLC raised its position in shares of Apple by 24.4% in the 2nd quarter. LifeGuide Financial Advisors LLC now owns 3,694 shares of the iPhone maker's stock worth $758,000 after purchasing an additional 725 shares during the last quarter. Finally, Mokosak Advisory Group LLC raised its position in shares of Apple by 9.5% in the 2nd quarter. Mokosak Advisory Group LLC now owns 6,657 shares of the iPhone maker's stock worth $1,366,000 after purchasing an additional 578 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.

Insider Activity

In related news, insider Chris Kondo sold 4,486 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $208.19, for a total transaction of $933,940.34. Following the completion of the sale, the insider owned 15,533 shares in the company, valued at approximately $3,233,815.27. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kevan Parekh sold 4,570 shares of Apple stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $206.00, for a total value of $941,420.00. Following the transaction, the chief financial officer owned 4,569 shares in the company, valued at $941,214. This trade represents a 50.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on AAPL shares. The Goldman Sachs Group reissued a "buy" rating on shares of Apple in a report on Wednesday, May 21st. Loop Capital dropped their target price on Apple from $230.00 to $215.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. DA Davidson lifted their price target on Apple from $230.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Monness Crespi & Hardt upped their price objective on Apple to $245.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a report on Tuesday, June 10th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Apple presently has a consensus rating of "Moderate Buy" and an average price target of $235.91.

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

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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