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 March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on March 17th.

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

• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Digital Realty Trust NYSE: DLR on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/17/2025.

Apple Stock Up 1.1 %

Shares of AAPL traded up $2.46 during mid-day trading on Monday, reaching $220.73. The company had a trading volume of 44,215,707 shares, compared to its average volume of 52,670,001. Apple Inc. has a 52 week low of $164.08 and a 52 week high of $260.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The company has a market capitalization of $3.32 trillion, a price-to-earnings ratio of 35.04, a price-to-earnings-growth ratio of 2.44 and a beta of 1.18. The firm has a 50-day moving average price of $231.82 and a 200 day moving average price of $233.42.

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Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. On average, sell-side analysts forecast that Apple Inc. will post 7.28 EPS for the current 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 paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Monday, February 10th. Apple's dividend payout ratio is 15.87%.

Institutional Investors Weigh In On Apple

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Passive Capital Management LLC. increased its stake in Apple by 52.6% in the second quarter. Passive Capital Management LLC. now owns 4,244 shares of the iPhone maker's stock worth $894,000 after purchasing an additional 1,462 shares during the period. Alternative Investment Advisors LLC. purchased a new stake in shares of Apple in the 2nd quarter worth $1,151,000. Sage Advisors LLC lifted its holdings in shares of Apple by 3.3% in the 2nd quarter. Sage Advisors LLC now owns 44,403 shares of the iPhone maker's stock worth $9,352,000 after buying an additional 1,416 shares during the period. Ashburton Jersey Ltd purchased a new position in shares of Apple during the second quarter valued at $15,855,000. Finally, Mattson Financial Services LLC bought a new stake in shares of Apple in the second quarter valued at about $7,371,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AAPL shares. Jefferies Financial Group reaffirmed an "underperform" rating on shares of Apple in a report on Wednesday, February 19th. Citigroup boosted their price objective on shares of Apple from $255.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 31st. JPMorgan Chase & Co. increased their target price on Apple from $260.00 to $270.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Rosenblatt Securities restated a "buy" rating and issued a $262.00 price target on shares of Apple in a research note on Monday, January 27th. Finally, Barclays upped their price target on Apple from $183.00 to $197.00 and gave the company an "underweight" rating in a report on Friday, January 31st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Apple has a consensus rating of "Moderate Buy" and an average price target of $243.65.

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.