Apple (NASDAQ:AAPL) Stock Sale Revealed by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on September 22nd, the Representative disclosed that they had sold between $100,001 and $250,000 in Apple stock on September 22nd. The trade occurred in the Representative’s “IRA ONE” account.

Representative Pete Sessions also recently made the following trade(s):

  • Sold $15,001 – $50,000 in shares of AbbVie (NYSE:ABBV) on 9/14/2026.
  • Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 9/14/2026.
  • Sold $1,001 – $15,000 in shares of Ares Capital (NASDAQ:ARCC) on 7/24/2026.

Apple Price Performance

AAPL opened at $335.92 on Friday. The company has a fifty day moving average price of $321.41 and a two-hundred day moving average price of $297.07. The firm has a market capitalization of $4.90 trillion, a PE ratio of 38.52, a P/E/G ratio of 2.95 and a beta of 1.08. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $345.34. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The business had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period last year, the company earned $1.57 EPS. The firm’s revenue was up 16.4% on a year-over-year basis. As a group, analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is presently 12.39%.

Institutional Investors Weigh In On Apple

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AAPL. QRG Capital Management Inc. grew its holdings in shares of Apple by 10.5% in the 2nd quarter. QRG Capital Management Inc. now owns 2,659,362 shares of the iPhone maker’s stock valued at $771,119,000 after acquiring an additional 252,894 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in Apple by 10.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 693,928 shares of the iPhone maker’s stock worth $201,044,000 after acquiring an additional 67,072 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Apple by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 14,628,132 shares of the iPhone maker’s stock valued at $4,249,340,000 after purchasing an additional 1,304,406 shares during the last quarter. State Street Corp grew its stake in Apple by 4.7% in the second quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after purchasing an additional 28,321,085 shares in the last quarter. Finally, Silicon Valley Capital Partners grew its stake in Apple by 0.8% in the second quarter. Silicon Valley Capital Partners now owns 205,570 shares of the iPhone maker’s stock valued at $59,484,000 after purchasing an additional 1,555 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total transaction of $815,803.94. Following the sale, the senior vice president owned 44,391 shares in the company, valued at $15,095,603.46. This represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Over the last quarter, insiders sold 11,031 shares of company stock worth $3,535,759. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. CICC Research lifted their price target on shares of Apple from $310.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Arete Research lifted their price objective on Apple from $305.00 to $335.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Daiwa Securities Group increased their target price on Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a research note on Thursday, September 10th. Finally, HSBC reissued a “buy” rating and set a $366.00 price objective on shares of Apple in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $340.14.

Get Our Latest Stock Analysis on Apple

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

  • Positive Sentiment: Strong iPhone 18 demand supports near-term revenue. Long customer lines in India and sustained interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing has not materially weakened demand in a key growth market. However, regional trends are mixed, with China remaining a concern. Inside India newsletter: Apple set to take a bigger bite of the world’s second-largest smartphone market
  • Positive Sentiment: New hardware and possible AI expansion provide growth catalysts. Apple’s iPhone Duo foldable, M6 Mac mini and M5 Ultra Mac Studio are being positioned as evidence that the company can still generate product excitement. Reports that Apple may develop its own AI server chips could also improve control over infrastructure costs and AI performance. Could John Ternus’ Product Strategy Reshape Apple’s Next Growth Phase?
  • Positive Sentiment: Analyst support remains favorable. JPMorgan reaffirmed a “buy” rating, while Bank of America maintained its “buy” rating and set a $370 target, implying further upside from recent levels. Apple analyst ratings
  • Neutral Sentiment: Apple renewed Qualcomm’s global patent license agreement. The deal, effective April 1, 2027, removes a potential licensing uncertainty but also highlights Apple’s continuing relationship with Qualcomm for modem-related technology. Qualcomm, Apple extend licensing agreement for chips
  • Negative Sentiment: Valuation and AI execution are major investor concerns. Commentators argue that AAPL’s large gains and roughly $4.9 trillion market capitalization leave limited room for disappointment, particularly if Apple’s AI products fail to match Meta’s rapidly advancing AI agents and wearables. Apple stock could be 32% overpriced after fresh AI cost warnings
  • Negative Sentiment: Near-term execution issues add pressure. Reports of an iPhone 18 Pro reboot problem requiring a software update, Fitness+ layoffs and an executive’s stock sale may reinforce concerns about product quality, cost control and insider confidence. Apple says software update to fix iPhone 18 Pro rebooting bug is coming next week

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Apple

(Get Free Report)

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company’s ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.

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