Representative Lisa C. McClain (R-Michigan) recently bought shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on June 9th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.
Apple Trading Up 1.3%
NASDAQ:AAPL opened at $227.76 on Monday. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $260.10. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 1.25. The business has a 50 day moving average price of $212.52 and a two-hundred day moving average price of $212.82. The company has a market cap of $3.38 trillion, a P/E ratio of 34.56, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16.
Apple declared that its board has authorized a share repurchase program on Thursday, May 1st that permits the company to buyback $100.00 billion in shares. This buyback authorization permits the iPhone maker to buy up to 3.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
Apple Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Monday, August 11th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Apple’s dividend payout ratio is 15.78%.
Analysts Set New Price Targets
AAPL has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on Apple from $235.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, August 1st. UBS Group increased their price objective on Apple from $210.00 to $220.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Rosenblatt Securities reiterated a “neutral” rating and set a $217.00 price objective on shares of Apple in a research report on Tuesday, July 29th. Bank of America raised their price target on Apple from $240.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Finally, Scotiabank cut Apple to a “market perform” rating in a research report on Friday, May 2nd. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $237.98.
Read Our Latest Stock Analysis on AAPL
Insider Transactions at Apple
In related news, SVP Deirdre O’brien sold 34,821 shares of the company’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $223.20, for a total transaction of $7,772,047.20. Following the completion of the sale, the senior vice president owned 136,687 shares in the company, valued at approximately $30,508,538.40. This represents a 20.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.06% of the company’s stock.
Institutional Trading of Apple
A number of hedge funds have recently made changes to their positions in the company. Ryan Investment Management Inc. bought a new stake in Apple during the second quarter worth $31,000. ROSS JOHNSON & Associates LLC grew its holdings in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after buying an additional 180 shares in the last quarter. Life Planning Partners Inc bought a new stake in Apple during the fourth quarter worth $47,000. Nexus Investment Management ULC grew its holdings in Apple by 333.3% during the second quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock worth $53,000 after buying an additional 200 shares in the last quarter. Finally, Elite Financial Inc. bought a new stake in Apple during the first quarter worth $58,000. 67.73% of the stock is owned by institutional investors and hedge funds.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
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.
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