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

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on February 24th, the Representative disclosed that they had bought between $1,001 and $15,000 in Apple stock on February 12th. 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 Lam Research (NASDAQ:LRCX) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Micron Technology (NASDAQ:MU) on 2/3/2026.
• Purchased $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Meta Platforms (NASDAQ:META) on 2/3/2026.
• Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.

Apple Price Performance

Shares of AAPL opened at $272.95 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The firm has a 50-day simple moving average of $264.85 and a 200-day simple moving average of $258.95. The company has a market capitalization of $4.01 trillion, a price-to-earnings ratio of 34.51, a price-to-earnings-growth ratio of 2.45 and a beta of 1.09.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. Apple’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.40 EPS. On average, equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple’s dividend payout ratio (DPR) is presently 13.15%.

Institutional Trading of Apple

A number of hedge funds and other institutional investors have recently modified their holdings of AAPL. Norges Bank acquired a new position in shares of Apple during the fourth quarter valued at $52,266,468,000. Nuveen LLC bought a new stake in Apple in the 1st quarter valued at about $17,472,482,000. PKS Advisory Services LLC boosted its stake in Apple by 98,917.0% during the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock valued at $12,106,000 after purchasing an additional 57,898,088 shares during the period. Cardano Risk Management B.V. grew its position in Apple by 890.7% in the 4th quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after purchasing an additional 37,746,784 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares during the period. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is in talks to launch Apple Pay in India later this year — a large addressable market that could boost Services revenue and long‑term payment volume growth. Apple talks with banks to start payment service in India, Bloomberg News reports
• Positive Sentiment: Apple asked a federal judge to dismiss a proposed class-action accusing it of overstating Siri AI progress — a legal defense that, if successful, would limit potential financial and reputational fallout. Apple seeks dismissal of fraud lawsuit over Siri AI, Epic injunction
• Positive Sentiment: Netflix will stream season eight of “Drive to Survive” on Apple TV and will broadcast the Canadian F1 Grand Prix live in the U.S. — a content partnership that supports Apple TV+ engagement and Services monetization. Netflix and Apple TV join forces on F1 content
• Positive Sentiment: Tim Cook teased multiple product launches next week (new MacBooks, iPads, iPhone 17e) — potential near-term revenue catalysts and reasons for increased investor attention. Tim Cook Teases Apple Launch On Monday: Here’s What To Expect
• Neutral Sentiment: MoffettNathanson raised Apple’s price target to $270 but kept a “neutral” rating — a modest analyst repricing that signals mixed near‑term conviction despite strong fundamentals. Finviz
• Neutral Sentiment: J.P. Morgan highlights “AI companions” as a potential long-term tailwind for Apple — a bullish thematic view that supports multi‑year upside but is not an immediate earnings driver. AI Companions Could Make Apple Stock an AI Winner, Says J.P. Morgan
• Negative Sentiment: Spain’s antitrust regulator says Apple (and Amazon) were slow to comply with an order to remove anti‑competitive clauses — an active regulatory matter that could force contract or distribution changes and increase legal/compliance costs. Spain’s antitrust watchdog says Apple, Amazon took too long to refine anti-competitive contracts
• Negative Sentiment: OpenAI hired a researcher who previously led Apple’s models team — a signal that AI talent is mobile and competition for top engineers remains intense, which could slow Apple’s AI roadmap execution. OpenAI hires Meta AI researcher who previously led Apple’s models team
• Negative Sentiment: Reports that several marquee investors trimmed Apple positions (Buffett, Dalio, Griffin) add psychological selling pressure and raise questions about near‑term insider/institutional conviction. Ken Griffin, Ray Dalio, and Warren Buffett All Sold More Apple Stock. Should You?

Analysts Set New Price Targets

AAPL has been the subject of several research analyst reports. Scotiabank set a $330.00 price target on Apple in a research note on Monday, February 2nd. JPMorgan Chase & Co. increased their target price on shares of Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Moffett Nathanson raised their price target on shares of Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday. Wells Fargo & Company set a $300.00 price target on shares of Apple and gave the company an “overweight” rating in a research report on Friday, October 31st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and an average price target of $293.41.

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.

Apple Company Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.