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 3rd. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #1" 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 Stock Up 0.6%
Shares of NASDAQ AAPL traded up $1.16 during mid-day trading on Friday, reaching $211.18. The company had a trading volume of 48,647,642 shares, compared to its average volume of 53,145,744. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $260.10. 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 stock has a market cap of $3.15 trillion, a P/E ratio of 32.89, a PEG ratio of 2.36 and a beta of 1.20. The firm has a 50 day simple moving average of $204.57 and a two-hundred day simple moving average of $215.61.
Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The iPhone maker reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.03. Apple had a net margin of 24.30% and a return on equity of 167.24%. The company had revenue of $95.36 billion for the quarter, compared to the consensus estimate of $94.04 billion. During the same period last year, the firm posted $1.53 EPS. Apple's revenue for the quarter was up 5.1% on a year-over-year basis. Sell-side analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.
Apple Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 12th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend 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 16.20%.
Apple declared that its board has approved a share buyback plan on Thursday, May 1st that authorizes the company to repurchase $100.00 billion in outstanding shares. This repurchase authorization authorizes the iPhone maker to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.
Wall Street Analyst Weigh In
Several analysts recently commented on AAPL shares. Monness Crespi & Hardt raised their price objective on shares of Apple to $245.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Wedbush reiterated an "outperform" rating and issued a $270.00 price objective on shares of Apple in a research note on Wednesday, July 9th. Tigress Financial raised their price objective on shares of Apple from $295.00 to $300.00 and gave the company a "strong-buy" rating in a research note on Thursday, April 3rd. Barclays set a $173.00 target price on shares of Apple and gave the company an "underweight" rating in a report on Tuesday, June 24th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Apple in a report on Wednesday, May 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $235.11.
Read Our Latest Stock Report on Apple
Insider Activity at Apple
In other Apple news, CFO Kevan Parekh sold 4,570 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 4,569 shares of the company's stock, valued at $941,214. The trade was a 50.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Chris Kondo sold 4,486 shares of the 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 transaction, the insider owned 15,533 shares in the company, valued at approximately $3,233,815.27. This trade represents a 22.41% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.06% of the company's stock.
Institutional Trading of Apple
Several institutional investors have recently added to or reduced their stakes in the stock. Regent Peak Wealth Advisors LLC grew its position in Apple by 0.9% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 111,858 shares of the iPhone maker's stock valued at $28,012,000 after buying an additional 1,050 shares in the last quarter. Tallon Kerry Patrick purchased a new stake in shares of Apple in the fourth quarter worth approximately $1,877,000. First National Bank of Hutchinson lifted its position in shares of 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 purchasing an additional 6,982 shares in the last quarter. Capital & Planning LLC raised its position in Apple by 10.7% during the fourth quarter. Capital & Planning LLC now owns 27,298 shares of the iPhone maker's stock valued at $6,836,000 after acquiring an additional 2,647 shares in 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 acquiring an additional 493 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.
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.
About Apple
(
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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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