Representative Josh Gottheimer (D-New Jersey) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on February 24th.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/28/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/28/2025.
- Sold $1,001 – $15,000 in shares of Block (NYSE:XYZ) on 2/27/2025.
- Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/27/2025.
- Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/27/2025.
- Sold $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 2/27/2025.
- Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Vertiv (NYSE:VRT) on 2/25/2025.
Apple Trading Up 1.6 %
Shares of NASDAQ:AAPL traded up $3.74 during trading on Friday, reaching $239.07. The stock had a trading volume of 46,241,031 shares, compared to its average volume of 53,331,075. The firm’s fifty day moving average is $237.56 and its 200 day moving average is $234.03. 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 52 week low of $164.08 and a 52 week high of $260.10. The stock has a market cap of $3.59 trillion, a price-to-earnings ratio of 37.95, a P/E/G ratio of 2.44 and a beta of 1.18.
Apple Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio is currently 15.87%.
Insider Activity at Apple
In other Apple news, COO Jeffrey E. Williams sold 100,000 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $249.97, for a total transaction of $24,997,000.00. Following the completion of the transaction, the chief operating officer now owns 389,944 shares in the company, valued at $97,474,301.68. This trade represents a 20.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the stock. Argus raised shares of Apple to a “strong-buy” rating in a research note on Friday, January 31st. Monness Crespi & Hardt boosted their target price on shares of Apple to $245.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Rosenblatt Securities reiterated a “buy” rating and set a $262.00 target price on shares of Apple in a research report on Monday, January 27th. Bank of America boosted their target price on shares of Apple from $253.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Finally, Redburn Partners set a $230.00 target price on shares of Apple in a research report on Friday, January 31st. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have given a buy rating and two have given 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 $243.88.
Check Out Our Latest Stock Report on Apple
Hedge Funds Weigh In On Apple
Several institutional investors have recently added to or reduced their stakes in the stock. O Connor Financial Group LLC grew its position in Apple by 1.2% during the fourth quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock valued at $896,000 after buying an additional 41 shares during the period. 1620 Investment Advisors Inc. grew its position in Apple by 0.5% during the third quarter. 1620 Investment Advisors Inc. now owns 9,654 shares of the iPhone maker’s stock valued at $2,249,000 after buying an additional 45 shares during the period. Carolina Wealth Advisors LLC grew its position in Apple by 1.3% during the third quarter. Carolina Wealth Advisors LLC now owns 3,489 shares of the iPhone maker’s stock valued at $813,000 after buying an additional 46 shares during the period. Advanced Portfolio Management LLC grew its position in Apple by 0.3% during the fourth quarter. Advanced Portfolio Management LLC now owns 13,815 shares of the iPhone maker’s stock valued at $3,260,000 after buying an additional 47 shares during the period. Finally, Menard Financial Group LLC grew its position in Apple by 0.4% during the third quarter. Menard Financial Group LLC now owns 12,221 shares of the iPhone maker’s stock valued at $2,848,000 after buying an additional 48 shares during the period. Institutional investors own 67.73% 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.
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.
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