Apple (NASDAQ:AAPL) Shares Acquired Rep. Terri A. Sewell

Representative Terri A. Sewell (D-Alabama) recently bought shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on May 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on April 10th.

Representative Terri A. Sewell also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/10/2025.

Apple Price Performance

Shares of NASDAQ:AAPL traded down $0.19 during midday trading on Friday, hitting $211.26. The company's stock had a trading volume of 53,614,750 shares, compared to its average volume of 55,938,270. The company has a market cap of $3.16 trillion, a P/E ratio of 33.53, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $260.10. The business's 50 day simple moving average is $206.28 and its 200 day simple moving average is $226.84. 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 issued its earnings results on Thursday, May 1st. The iPhone maker reported $1.65 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $94.04 billion. During the same period in the previous year, the firm posted $1.53 EPS. The business's revenue for the quarter 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 announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 12th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend was Monday, May 12th. This is an increase from Apple's previous quarterly dividend of $0.25. Apple's dividend payout ratio (DPR) is 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.

Insider Activity

In other news, COO Jeffrey E. Williams sold 35,493 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $224.01, for a total transaction of $7,950,786.93. Following the transaction, the chief operating officer now directly owns 390,059 shares of the company's stock, valued at $87,377,116.59. This represents a 8.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy D. Cook sold 108,136 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were 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 of the company's stock, valued at $733,637,976.75. This trade represents a 3.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 191,507 shares of company stock valued at $42,694,080 in the last three months. 0.06% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. M&G PLC raised its position in shares of Apple by 42.4% during the 3rd quarter. M&G PLC now owns 292,852 shares of the iPhone maker's stock worth $68,235,000 after acquiring an additional 87,242 shares in the last quarter. Prudent Investors Network Inc. increased its stake in Apple by 14.3% in the third quarter. Prudent Investors Network Inc. now owns 8,774 shares of the iPhone maker's stock valued at $2,044,000 after purchasing an additional 1,096 shares during the period. Wealth Architects LLC lifted its position in Apple by 7.1% during the 3rd quarter. Wealth Architects LLC now owns 182,203 shares of the iPhone maker's stock worth $42,453,000 after acquiring an additional 12,052 shares during the period. Blake Schutter Theil Wealth Advisors LLC purchased a new position in Apple in the 3rd quarter valued at $5,721,000. Finally, Baugh & Associates LLC increased its stake in shares of Apple by 2.7% during the third quarter. Baugh & Associates LLC now owns 70,363 shares of the iPhone maker's stock worth $15,829,000 after acquiring an additional 1,842 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on AAPL. Argus raised Apple to a "strong-buy" rating in a research note on Friday, January 31st. China Renaissance initiated coverage on shares of Apple in a research report on Tuesday, April 22nd. They set a "buy" rating and a $241.00 price objective for the company. Citigroup reaffirmed a "cautious" rating on shares of Apple in a research note on Monday, May 5th. Tigress Financial increased their price target 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. Finally, Evercore ISI lifted their price target on shares of Apple from $260.00 to $275.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $235.80.

About Representative Sewell

Terri Sewell (Democratic Party) is a member of the U.S. House, representing Alabama's 7th Congressional District. She assumed office on January 3, 2011. Her current term ends on January 3, 2027. Sewell (Democratic Party) is running for re-election to the U.S. House to represent Alabama's 7th Congressional District. She declared candidacy for the 2026 election. Below is an abbreviated outline of Sewell's academic, professional, and political career: 2011-Present: U.S. Representative from Alabama's 7th Congressional District 1992: Graduated from Harvard University with J.D. 1988: Graduated from Oxford University with M.A. 1986: Graduated from Princeton University with B.A. Prior to serving in Congress, Sewell was a partner in the Birmingham law office of Maynard, Cooper & Gale, P.C., where she focused on securities and public finance law.

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.