Sen. Tommy Tuberville Sells Apple Inc. (NASDAQ:AAPL) Shares

Senator Tommy Tuberville (R-Alabama) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Apple stock on January 10th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Diageo (NYSE:DEO) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 1/10/2025.
• Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.

Apple Stock Up 1.3 %

AAPL opened at $244.60 on Friday. The stock has a market capitalization of $3.67 trillion, a P/E ratio of 38.83, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. Apple Inc. has a one year low of $164.07 and a one year high of $260.10. The business’s 50-day simple moving average is $240.70 and its 200-day simple moving average is $231.59. 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 (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping 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%. Analysts anticipate that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.41%. Apple’s dividend payout ratio is presently 15.87%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AAPL shares. Sanford C. Bernstein increased their price target on shares of Apple from $240.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price objective on shares of Apple in a research report on Friday, January 31st. The Goldman Sachs Group upped their price target on shares of Apple from $280.00 to $294.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Monness Crespi & Hardt boosted their price objective on shares of Apple to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Finally, Wedbush reissued an “outperform” rating and issued a $325.00 price target on shares of Apple in a report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $242.52.

Insider Activity at Apple

In other Apple news, COO Jeffrey E. Williams sold 100,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $249.97, for a total value of $24,997,000.00. Following the transaction, the chief operating officer now directly owns 389,944 shares in the company, valued at $97,474,301.68. The trade was a 20.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Chris Kondo sold 4,130 shares of Apple stock in a transaction on Monday, November 18th. The stock was sold at an average price of $228.87, for a total value of $945,233.10. Following the sale, the insider now directly owns 15,419 shares of the company’s stock, valued at $3,528,946.53. This represents a 21.13 % decrease in their position. The disclosure for this sale can be found here. 0.06% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Apple

A number of institutional investors have recently bought and sold shares of AAPL. Drystone LLC bought a new stake in Apple during the fourth quarter valued at about $25,000. Bull Oak Capital LLC raised its position in Apple by 252.3% in the 3rd quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock worth $36,000 after purchasing an additional 111 shares during the last quarter. Hershey Financial Advisers LLC bought a new stake in shares of Apple during the second quarter worth approximately $42,000. Conquis Financial LLC acquired a new position in shares of Apple during the 4th quarter worth about $63,000. Finally, LSV Asset Management bought a new position in Apple during the fourth quarter worth about $65,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.