Apple (NASDAQ:AAPL) Stock Unloaded Sen. Tommy Tuberville
Senator Tommy Tuberville (R-Alabama) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Apple stock on January 10th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Diageo (NYSE:DEO) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 1/10/2025.
- Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 1/10/2025.
- Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.
Apple Stock Up 1.3 %
NASDAQ AAPL opened at $244.60 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The company has a market cap of $3.67 trillion, a price-to-earnings ratio of 38.83, a PEG ratio of 2.32 and a beta of 1.20. The company has a 50 day moving average of $240.70 and a 200-day moving average of $231.68. Apple Inc. has a 1-year low of $164.07 and a 1-year high of $260.10.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. On average, equities research analysts expect that Apple Inc. will post 7.28 earnings per share for the current fiscal year.
Apple Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.41%. Apple’s payout ratio is presently 15.87%.
Analysts Set New Price Targets
AAPL has been the topic of a number of research analyst reports. Loop Capital downgraded Apple from a “buy” rating to a “hold” rating and set a $230.00 target price on the stock. in a report on Tuesday, January 21st. KeyCorp reiterated an “underweight” rating and issued a $200.00 target price on shares of Apple in a research report on Friday, January 31st. UBS Group reissued a “neutral” rating and set a $236.00 target price on shares of Apple in a research note on Monday, December 2nd. Barclays raised their price target on shares of Apple from $183.00 to $197.00 and gave the company an “underweight” rating in a research note on Friday, January 31st. Finally, Argus raised shares of Apple to a “strong-buy” rating in a research note on Friday, January 31st. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Apple currently has an average rating of “Moderate Buy” and an average target price of $242.52.
View Our Latest Report on AAPL
Institutional Investors Weigh In On Apple
Several institutional investors and hedge funds have recently made changes to their positions in AAPL. Drystone LLC acquired a new stake in shares of Apple during the 4th quarter worth approximately $25,000. Bull Oak Capital LLC grew its holdings in Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock worth $36,000 after purchasing an additional 111 shares during the period. Hershey Financial Advisers LLC acquired a new stake in Apple in the second quarter worth $42,000. Conquis Financial LLC bought a new stake in Apple in the fourth quarter valued at $63,000. Finally, LSV Asset Management acquired a new position in shares of Apple during the fourth quarter valued at about $65,000. Institutional investors own 67.73% of the company’s stock.
Insider Activity
In related news, COO Jeffrey E. Williams sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $249.97, for a total transaction of $24,997,000.00. Following the transaction, the chief operating officer now directly owns 389,944 shares of the company’s stock, valued at approximately $97,474,301.68. This represents a 20.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.06% of the stock is currently owned by company insiders.
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
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.
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