Rep. Marjorie Taylor Greene Buys Apple Inc. (NASDAQ:AAPL) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Apple Price Performance

Shares of AAPL opened at $196.26 on Thursday. The company has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $260.10. The firm has a 50-day simple moving average of $209.64 and a 200-day simple moving average of $227.91. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, May 1st. The iPhone maker reported $1.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.03. Apple had a return on equity of 160.83% and a net margin of 24.30%. The business had revenue of $95.36 billion for the quarter, compared to analyst estimates of $94.04 billion. During the same quarter in the previous year, the company posted $1.53 earnings per share. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple announced that its Board of Directors has approved a share repurchase 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 shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 12th will be given a dividend of $0.26 per share. The ex-dividend date is Monday, May 12th. This is a positive change from Apple's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.53%. Apple's dividend payout ratio (DPR) is 16.20%.

Insider Activity

In other news, CEO Timothy D. Cook sold 108,136 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.65, for a total transaction of $24,184,616.40. Following the completion of the sale, the chief executive officer now owns 3,280,295 shares in the company, valued at $733,637,976.75. The trade was a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Kevan Parekh sold 4,570 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $206.00, for a total value of $941,420.00. Following the transaction, the chief financial officer now owns 4,569 shares in the company, valued at approximately $941,214. This trade represents a 50.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 187,021 shares of company stock valued at $41,760,140 over the last ninety days. 0.06% of the stock is currently owned by company insiders.

Institutional Trading of Apple

A number of institutional investors and hedge funds have recently made changes to their positions in AAPL. N.E.W. Advisory Services LLC grew its holdings in Apple by 32.8% in the 1st quarter. N.E.W. Advisory Services LLC now owns 89,036 shares of the iPhone maker's stock valued at $19,778,000 after buying an additional 21,990 shares during the last quarter. Morningstar Investment Management LLC raised its holdings in shares of Apple by 19.1% in the 1st quarter. Morningstar Investment Management LLC now owns 232,178 shares of the iPhone maker's stock valued at $51,574,000 after purchasing an additional 37,265 shares during the period. Kirtland Hills Capital Management LLC lifted its position in shares of Apple by 9.7% in the first quarter. Kirtland Hills Capital Management LLC now owns 18,209 shares of the iPhone maker's stock valued at $4,045,000 after buying an additional 1,614 shares during the last quarter. Meeder Asset Management Inc. raised its stake in Apple by 28.2% in the 1st quarter. Meeder Asset Management Inc. now owns 381,498 shares of the iPhone maker's stock valued at $84,742,000 after acquiring an additional 83,918 shares during the period. Finally, Meeder Advisory Services Inc. raised its stake in Apple by 4.1% in the 1st quarter. Meeder Advisory Services Inc. now owns 336,387 shares of the iPhone maker's stock valued at $74,722,000 after acquiring an additional 13,230 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Barclays cut their target price on Apple from $197.00 to $173.00 and set an "underweight" rating for the company in a research note on Wednesday, April 30th. Redburn Partners set a $230.00 price target on shares of Apple in a report on Friday, January 31st. JPMorgan Chase & Co. cut their target price on shares of Apple from $270.00 to $245.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Needham & Company LLC reiterated a "buy" rating and set a $225.00 target price on shares of Apple in a research report on Friday, May 2nd. Finally, UBS Group lowered their target price on Apple from $236.00 to $210.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $235.80.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

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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