Apple (NASDAQ:AAPL) Shares Acquired Rep. Tim Moore

Representative Tim Moore (R-North Carolina) recently bought shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on July 09th, the Representative disclosed that they had bought between $50,001 and $100,000 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.
• Sold $100,001 - $250,000 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 Trading Up 0.9%

Shares of AAPL stock traded up $1.92 on Tuesday, reaching $214.40. 46,286,431 shares of the stock were exchanged, compared to its average volume of 53,111,635. The stock has a market cap of $3.20 trillion, a PE ratio of 33.40, a P/E/G ratio of 2.36 and a beta of 1.20. Apple Inc. has a one year low of $169.21 and a one year high of $260.10. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.82 and a quick ratio of 0.78. The stock has a 50 day moving average price of $204.57 and a 200 day moving average price of $215.41.

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, topping the consensus estimate of $1.62 by $0.03. Apple had a return on equity of 167.24% 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 prior year, the company posted $1.53 earnings per share. Apple's revenue was up 5.1% on a year-over-year basis. Equities research analysts forecast that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 12th were paid a $0.26 dividend. 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. This represents a $1.04 annualized dividend and a yield of 0.49%. Apple's payout ratio is currently 16.20%.

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

Insider Transactions at Apple

In other news, CFO Kevan Parekh sold 4,570 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $206.00, for a total transaction of $941,420.00. Following the sale, the chief financial officer owned 4,569 shares in the company, valued at $941,214. This represents a 50.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Chris Kondo sold 4,486 shares of the 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 directly owned 15,533 shares of the company's stock, valued at approximately $3,233,815.27. This trade represents a 22.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is currently owned by insiders.

Analyst Ratings Changes

AAPL has been the subject of a number of research analyst reports. Monness Crespi & Hardt boosted their target price on Apple to $245.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Evercore ISI increased their target price on Apple to $250.00 and gave the company a "buy" rating in a research note on Friday, June 6th. Jefferies Financial Group upgraded shares of Apple from an "underperform" rating to a "hold" rating in a report on Friday. KeyCorp raised shares of Apple from an "underweight" rating to a "sector weight" rating in a research note on Monday, April 14th. Finally, Raymond James Financial reduced their price target on shares of Apple from $250.00 to $230.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Apple has an average rating of "Moderate Buy" and an average target price of $235.11.

Institutional Trading of Apple

A number of hedge funds have recently modified their holdings of AAPL. Tallon Kerry Patrick bought a new stake in Apple during the fourth quarter worth $1,877,000. First National Bank of Hutchinson increased its stake in shares of Apple by 24.6% during the 4th 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 during the last quarter. Capital & Planning LLC grew its stake in Apple by 10.7% in the 4th quarter. Capital & Planning LLC now owns 27,298 shares of the iPhone maker's stock valued at $6,836,000 after buying an additional 2,647 shares in the last quarter. ARS Investment Partners LLC lifted its holdings in shares of Apple by 3.2% during the 4th quarter. ARS Investment Partners LLC now owns 378,612 shares of the iPhone maker's stock worth $94,812,000 after acquiring an additional 11,705 shares during the last quarter. Finally, Brookmont Capital Management lifted its stake in Apple by 14.5% in the fourth quarter. Brookmont Capital Management now owns 1,065 shares of the iPhone maker's stock worth $267,000 after purchasing an additional 135 shares during the last quarter. 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.

About Apple

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.