Representative Josh Gottheimer (D-New Jersey) recently sold shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on March 6th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.
Apple Stock Up 1.3 %
Apple stock traded up $2.52 during mid-day trading on Thursday, reaching $196.79. The company's stock had a trading volume of 51,328,536 shares, compared to its average volume of 56,816,091. The business's 50 day simple moving average is $220.36 and its 200 day simple moving average is $230.28. Apple Inc. has a 12 month low of $164.08 and a 12 month 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 $2.96 trillion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26.
Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating the consensus estimate of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. As a group, research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.
Apple Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were issued a $0.25 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.51%. Apple's dividend payout ratio (DPR) is presently 15.87%.
Institutional Trading of Apple
Institutional investors and hedge funds have recently made changes to their positions in the company. Drystone LLC acquired a new stake in shares of Apple in the 4th quarter valued at $25,000. Bull Oak Capital LLC boosted its stake in Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker's stock valued at $36,000 after buying an additional 111 shares in the last quarter. Life Planning Partners Inc bought a new position in Apple in the fourth quarter valued at about $47,000. Conquis Financial LLC acquired a new position in Apple during the fourth quarter worth about $63,000. Finally, LSV Asset Management bought a new position in shares of Apple in the fourth quarter worth about $65,000. Institutional investors own 67.73% of the company's stock.
Analysts Set New Price Targets
A number of analysts have commented on the stock. DA Davidson cut their price target on shares of Apple from $290.00 to $230.00 and set a "buy" rating for the company in a research note on Monday. Barclays raised their target price 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. Monness Crespi & Hardt boosted their price target on Apple to $245.00 and gave the stock a "buy" rating in a research report on Wednesday, January 22nd. Loop Capital cut Apple from a "buy" rating to a "hold" rating and set a $230.00 price objective for the company. in a research report on Tuesday, January 21st. Finally, UBS Group boosted their target price on Apple to $236.00 and gave the stock a "buy" rating in a report on Monday. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Apple presently has a consensus rating of "Moderate Buy" and a consensus target price of $235.85.
Read Our Latest Report on AAPL
Insider Activity
In other Apple news, CEO Timothy D. Cook sold 108,136 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $223.65, for a total value of $24,184,616.40. Following the sale, the chief executive officer now owns 3,280,295 shares in the company, valued at $733,637,976.75. This trade represents a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Katherine L. Adams sold 38,822 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $223.67, for a total transaction of $8,683,316.74. Following the sale, the senior vice president now directly owns 179,158 shares in the company, valued at approximately $40,072,269.86. The trade was a 17.81 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 182,451 shares of company stock worth $40,818,720. Corporate insiders own 0.06% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Apple Company Profile
(
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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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