Rep. Tim Moore Sells Apple Inc. (NASDAQ:AAPL) Shares

Representative Tim Moore (R-North Carolina) recently sold shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on July 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Apple stock on June 2nd.

Representative Tim Moore also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/17/2025.
• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Purchased $100,001 - $250,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/2/2025.
• Sold $50,001 - $100,000 in shares of Harley-Davidson NYSE: HOG on 5/14/2025.
• Sold $250,001 - $500,000 in shares of American Airlines Group NASDAQ: AAL on 5/2/2025.
• Sold $15,001 - $50,000 in shares of Super Micro Computer NASDAQ: SMCI on 5/2/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 5/1/2025.
• Purchased $15,001 - $50,000 in shares of Super Micro Computer NASDAQ: SMCI on 4/30/2025.
• Purchased $15,001 - $50,000 in shares of American Airlines Group NASDAQ: AAL on 4/22/2025.

Apple Price Performance

AAPL stock traded up $1.30 during mid-day trading on Monday, reaching $212.48. The company's stock had a trading volume of 51,308,137 shares, compared to its average volume of 53,138,659. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. The company's 50 day moving average is $204.57 and its two-hundred day moving average is $215.41. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $260.10. The stock has a market cap of $3.17 trillion, a PE ratio of 33.10, a P/E/G ratio of 2.36 and a beta of 1.20.

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

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 12th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.49%. This is an increase 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%.

Apple announced that its Board of Directors has approved a share buyback plan on Thursday, May 1st that allows the company to repurchase $100.00 billion in shares. This repurchase authorization allows the iPhone maker to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Insiders Place Their Bets

In related news, insider Chris Kondo sold 4,486 shares of the business'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 transaction, the insider directly owned 15,533 shares in the company, valued at $3,233,815.27. The trade was a 22.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kevan Parekh sold 4,570 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $206.00, for a total value of $941,420.00. Following the completion of the sale, the chief financial officer directly owned 4,569 shares of the company's stock, valued at approximately $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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AAPL shares. JPMorgan Chase & Co. raised their price objective on shares of Apple from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Thursday. Loop Capital reduced their price objective on Apple from $230.00 to $215.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Rosenblatt Securities cut Apple from a "buy" rating to a "neutral" rating and set a $217.00 price target for the company. in a research report on Friday, May 2nd. China Renaissance initiated coverage on shares of Apple in a research report on Tuesday, April 22nd. They issued a "buy" rating and a $241.00 price objective on the stock. Finally, Citigroup restated a "buy" rating on shares of Apple in a report on Tuesday, June 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $235.11.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AAPL. Burkett Financial Services LLC grew its position in Apple by 0.6% in the first quarter. Burkett Financial Services LLC now owns 14,401 shares of the iPhone maker's stock worth $3,199,000 after acquiring an additional 93 shares in the last quarter. OneAscent Wealth Management LLC increased its stake in Apple by 4.6% in the fourth quarter. OneAscent Wealth Management LLC now owns 9,332 shares of the iPhone maker's stock worth $2,337,000 after purchasing an additional 409 shares during the period. TruWealth Advisors LLC lifted its position in shares of Apple by 2.8% during the first quarter. TruWealth Advisors LLC now owns 189,282 shares of the iPhone maker's stock worth $42,045,000 after purchasing an additional 5,120 shares during the last quarter. Allstate Corp grew its holdings in shares of Apple by 3,368.2% in the fourth quarter. Allstate Corp now owns 451,489 shares of the iPhone maker's stock worth $113,062,000 after purchasing an additional 438,471 shares during the last quarter. Finally, Vinva Investment Management Ltd increased its position in shares of Apple by 12.4% during the fourth quarter. Vinva Investment Management Ltd now owns 764,075 shares of the iPhone maker's stock worth $192,700,000 after acquiring an additional 83,997 shares during the period. Hedge funds and other institutional investors own 67.73% of the company's stock.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

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.