Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on October 03rd, the Senator disclosed that they had sold between $15,001 and $50,000 in Apple stock on September 4th.
Senator Sheldon Whitehouse also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 9/4/2025.
- Sold $1,001 - $15,000 in shares of Verizon Communications NYSE: VZ on 9/4/2025.
- Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 9/4/2025.
- Sold $15,001 - $50,000 in shares of Honeywell International NASDAQ: HON on 9/4/2025.
- Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 9/4/2025.
- Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 9/4/2025.
- Sold $1,001 - $15,000 in shares of Kenvue NYSE: KVUE on 8/28/2025.
- Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 8/28/2025.
- Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 8/28/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 8/28/2025.
Apple Stock Up 0.3%
Shares of AAPL opened at $258.02 on Friday. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $260.10. The firm has a market cap of $3.83 trillion, a P/E ratio of 39.15, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The firm's 50-day simple moving average is $233.09 and its 200 day simple moving average is $214.69. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.83 and a current ratio of 0.87.
Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The iPhone maker reported $1.57 EPS for the quarter, beating analysts' consensus estimates of $1.43 by $0.14. The business had revenue of $94.04 billion for the quarter, compared to analyst estimates of $88.64 billion. Apple had a net margin of 24.30% and a return on equity of 170.91%. Apple's quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 EPS. On average, analysts forecast that Apple Inc. will post 7.28 earnings per share for the current year.
Apple Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Monday, August 11th were paid a $0.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple's dividend payout ratio is 15.78%.
Insiders Place Their Bets
In other Apple news, SVP Deirdre O'brien sold 43,013 shares of the company's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $257.39, for a total transaction of $11,071,116.07. Following the transaction, the senior vice president owned 136,687 shares of the company's stock, valued at approximately $35,181,866.93. This represents a 23.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy D. Cook sold 129,963 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $256.81, for a total value of $33,375,798.03. Following the completion of the transaction, the chief executive officer directly owned 3,280,295 shares in the company, valued at approximately $842,412,558.95. This trade represents a 3.81% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 254,922 shares of company stock valued at $64,320,190. 0.06% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on AAPL shares. Bank of America upped their price target on shares of Apple from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Morgan Stanley set a $298.00 price target on shares of Apple and gave the company an "overweight" rating in a research report on Thursday. Barclays upped their price target on shares of Apple from $173.00 to $180.00 and gave the company an "underweight" rating in a research report on Friday, August 1st. Melius Research set a $290.00 price objective on shares of Apple and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, Seaport Res Ptn upgraded shares of Apple to a "strong-buy" rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and an average target price of $247.49.
Read Our Latest Analysis on Apple
Institutional Trading of Apple
A number of large investors have recently added to or reduced their stakes in the stock. Advanced Portfolio Management LLC lifted its holdings in Apple by 0.3% during the 4th quarter. Advanced Portfolio Management LLC now owns 13,815 shares of the iPhone maker's stock worth $3,260,000 after buying an additional 47 shares in the last quarter. Baker Boyer National Bank lifted its holdings in Apple by 0.3% during the 2nd quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker's stock worth $3,695,000 after buying an additional 47 shares in the last quarter. Beddow Capital Management Inc. lifted its holdings in Apple by 1.8% during the 2nd quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker's stock worth $533,000 after buying an additional 47 shares in the last quarter. Salus Financial Advisors LLC lifted its holdings in Apple by 3.9% during the 1st quarter. Salus Financial Advisors LLC now owns 1,310 shares of the iPhone maker's stock worth $291,000 after buying an additional 49 shares in the last quarter. Finally, Red Tortoise LLC lifted its holdings in Apple by 0.9% during the 2nd quarter. Red Tortoise LLC now owns 5,717 shares of the iPhone maker's stock worth $1,173,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.
About Senator Whitehouse
Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.
Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.
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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