Representative Lisa C. McClain of Michigan has recently increased her investment in Apple Inc. (NASDAQ:AAPL), acquiring shares valued between $1,001 and $15,000 on June 9, 2023. The transaction was disclosed in a filing dated August 13, 2023, and was executed through her Charles Schwab brokerage account.
In addition to her recent purchase of Apple stock, McClain reported several other transactions. On August 4, 2025, she sold shares of multiple companies, including Autoliv (NYSE:ALV), Amazon.com (NASDAQ:AMZN), Applied Materials (NASDAQ:AMAT), and Arthur J. Gallagher & Co. (NYSE:AJG), each within the same value range. Earlier that month, on July 22, 2025, she also purchased shares in XPO (NYSE:XPO) and Lithia Motors (NYSE:LAD), while selling shares of Sanofi (NASDAQ:SNY) and Waters (NYSE:WAT).
Apple’s Recent Market Performance
As of the latest trading session, Apple shares opened at $227.76, reflecting a 1.3% increase. The company has experienced a twelve-month low of $169.21 and a high of $260.10. Financial metrics indicate a quick ratio of 0.83, a current ratio of 0.87, and a debt-to-equity ratio of 1.25. Apple currently boasts a market capitalization of $3.38 trillion and a price-to-earnings ratio of 34.56.
In its most recent earnings report, released on July 31, 2023, Apple reported earnings per share of $1.57, surpassing analysts’ expectations of $1.43 by $0.14. The company generated revenue of $94.04 billion for the quarter, exceeding the forecast of $88.64 billion. This represents a 9.6% year-over-year increase in revenue.
On May 1, 2023, Apple’s board authorized a significant share repurchase program, allowing the company to buy back up to $100 billion in shares, a move that typically signals management’s confidence in the stock’s undervaluation.
Dividends and Analyst Ratings
Apple recently declared a quarterly dividend of $0.26 per share, which was paid on August 14, 2023, to shareholders who were on record as of August 11. This dividend yields approximately 0.5%, with a payout ratio of 15.78%.
Analysts have recently adjusted their price targets for Apple. Morgan Stanley raised its price objective from $235 to $240, assigning an “overweight” rating. UBS Group also increased its target from $210 to $220 while maintaining a “neutral” rating. Other firms like Bank of America and Rosenblatt Securities have set targets of $250 and $217, respectively. Currently, consensus ratings indicate two analysts have a “strong buy,” sixteen rate it as a “buy,” eleven as “hold,” and two as “sell,” resulting in an average rating of “moderate buy” with a target price of $237.98.
Insider Transactions and Institutional Holdings
In related news, on August 8, 2023, SVP Deirdre O’Brien sold 34,821 shares of Apple, valued at approximately $7.77 million at an average price of $223.20. Following this sale, O’Brien holds 136,687 shares, valued at around $30.51 million.
Institutional investors continue to show interest in Apple. Recently, Ryan Investment Management Inc. acquired a new stake worth $31,000. Notably, 67.73% of Apple’s stock is currently owned by institutional investors and hedge funds.
Lisa McClain, who has served in the U.S. House of Representatives since January 3, 2023, is running for re-election to represent Michigan’s 9th Congressional District. She holds a degree in business administration from Northwood University and has a background in founding and leading North End Support Team.
Apple Inc., a global leader in technology, designs and markets a range of products, including the iPhone, Mac computers, iPads, wearables, and accessories, continuing to be a major player in the tech industry.
