Rep. Cleo Fields Purchases Shares of Apple Inc. (NASDAQ:AAPL)

Representative Cleo Fields (D-Louisiana) recently bought shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on August 14th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/20/2025.
• Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $50,001 – $100,000 in shares of Broadcom (NASDAQ:AVGO) on 8/13/2025.

Apple Stock Up 0.5%

AAPL stock opened at $239.78 on Friday. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $260.10. The company’s 50 day simple moving average is $218.50 and its 200-day simple moving average is $212.89. The firm has a market capitalization of $3.56 trillion, a PE ratio of 36.39, a P/E/G ratio of 2.49 and a beta of 1.11. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, July 31st. The iPhone maker reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. Apple had a net margin of 24.30% and a return on equity of 170.91%. The firm had revenue of $94.04 billion for the quarter, compared to analyst estimates of $88.64 billion. During the same quarter last year, the business earned $1.40 earnings per share. Apple’s revenue was up 9.6% compared to the same quarter last year. Equities analysts expect that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Monday, August 11th were given a $0.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is currently 15.78%.

Analyst Upgrades and Downgrades

AAPL has been the topic of a number of recent analyst reports. Morgan Stanley set a $240.00 price target on shares of Apple and gave the stock an “overweight” rating in a research note on Wednesday. Jefferies Financial Group raised shares of Apple from an “underperform” rating to a “hold” rating in a research note on Friday, July 18th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $266.00 price target on shares of Apple in a research note on Tuesday, August 26th. JPMorgan Chase & Co. increased their price target on shares of Apple from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Loop Capital cut their price target on shares of Apple from $230.00 to $226.00 and set a “hold” rating on the stock in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $239.05.

Insiders Place Their Bets

In other Apple news, SVP Deirdre O’brien sold 34,821 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $223.20, for a total transaction of $7,772,047.20. Following the completion of the transaction, the senior vice president directly owned 136,687 shares of the company’s stock, valued at $30,508,538.40. This trade represents a 20.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Apple

A number of hedge funds have recently made changes to their positions in the business. Tallon Kerry Patrick purchased a new stake in Apple during the 4th quarter worth $1,877,000. First National Bank of Hutchinson increased its stake in Apple by 24.6% during the 4th quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after buying an additional 6,982 shares during the period. Eagle Capital Management LLC increased its stake in Apple by 0.5% during the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock worth $13,544,000 after buying an additional 272 shares during the period. Brighton Jones LLC grew its holdings in Apple by 14.8% during the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock worth $134,554,000 after acquiring an additional 69,207 shares in the last quarter. Finally, Revolve Wealth Partners LLC grew its holdings in Apple by 4.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock worth $16,742,000 after acquiring an additional 2,695 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.