Rep. Marjorie Taylor Greene Purchases Shares of Apple Inc. (NASDAQ:AAPL)

15 Apr 2025, 21:02 by Mitch Edgeman · The Markets Daily

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on April 9th.

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

Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 4/9/2025.
Purchased $1,001 – $15,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/8/2025.

Apple Stock Down 0.2 %

AAPL traded down $0.38 on Tuesday, hitting $202.14. 50,875,667 shares of the company were exchanged, compared to its average volume of 60,650,836. The company has a market cap of $3.04 trillion, a PE ratio of 32.09, a PEG ratio of 2.44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. Apple Inc. has a 12 month low of $164.07 and a 12 month high of $260.10. The stock’s fifty day moving average is $222.27 and its 200-day moving average is $230.99.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. Equities research analysts predict that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued 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 0.49%. Apple’s payout ratio is 15.87%.

Hedge Funds Weigh In On Apple

Several hedge funds and other institutional investors have recently modified their holdings of AAPL. Drystone LLC acquired a new stake in shares of Apple in the 4th quarter worth $25,000. Bull Oak Capital LLC lifted 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 valued at $36,000 after acquiring an additional 111 shares during the last quarter. Life Planning Partners Inc purchased a new stake in Apple in the fourth quarter valued at $47,000. Conquis Financial LLC acquired a new position in shares of Apple in the 4th quarter valued at $63,000. Finally, LSV Asset Management acquired a new position in Apple in the fourth quarter valued at about $65,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AAPL shares. Monness Crespi & Hardt raised their price target on shares of Apple to $245.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Moffett Nathanson reiterated a “sell” rating and issued a $188.00 target price (down from $202.00) on shares of Apple in a report on Tuesday, January 7th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Apple in a report on Monday. Wedbush reduced their price objective on shares of Apple from $325.00 to $250.00 and set an “outperform” rating for the company in a research report on Monday, April 7th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Apple from $270.00 to $245.00 and set an “overweight” rating for the company in a report on Monday. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $235.85.

Check Out Our Latest Research Report on AAPL

Insider Activity

In related news, CEO Timothy D. Cook sold 108,136 shares of Apple 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 completion of the transaction, the chief executive officer now owns 3,280,295 shares in the company, valued at approximately $733,637,976.75. The trade was a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Katherine L. Adams sold 38,822 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $223.67, for a total value of $8,683,316.74. Following the sale, the senior vice president now directly owns 179,158 shares in the company, valued at $40,072,269.86. This trade represents 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 valued at $40,818,720. Company insiders own 0.06% of the company’s stock.

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.

About Apple

(Get Free Report)

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.