Representative David Taylor (Republican-Ohio) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on May 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on May 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
- Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 4/27/2026.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 4/27/2026.
- Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 4/27/2026.
- Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/27/2026.
Apple Trading Down 0.1%
NASDAQ AAPL opened at $312.06 on Friday. The firm’s 50-day moving average is $275.43 and its two-hundred day moving average is $270.06. Apple Inc. has a 12 month low of $195.07 and a 12 month high of $315.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The stock has a market capitalization of $4.58 trillion, a P/E ratio of 37.73, a PEG ratio of 2.72 and a beta of 1.06.
Apple Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is currently 13.06%.
Insider Activity at Apple
In other Apple news, insider Ben Borders sold 1,274 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $290.00, for a total value of $369,460.00. Following the transaction, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 97,759 shares of company stock valued at $24,964,305. Company insiders own 0.06% of the company’s stock.
Analyst Upgrades and Downgrades
AAPL has been the topic of several research reports. Needham & Company LLC reissued a “hold” rating on shares of Apple in a research report on Friday, May 1st. BNP Paribas Exane raised shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price target on the stock in a research report on Friday, April 17th. Monness Crespi & Hardt upped their target price on shares of Apple from $315.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Phillip Securities upgraded shares of Apple from a “moderate sell” rating to a “hold” rating in a research note on Sunday, February 1st. Finally, Scotiabank set a $330.00 target price on shares of Apple in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Apple currently has a consensus rating of “Moderate Buy” and a consensus target price of $310.31.
Read Our Latest Analysis on AAPL
Apple News Summary
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple’s upcoming WWDC is expected to showcase a major Siri AI overhaul and broader iOS AI upgrades, reinforcing expectations for a stronger AI product cycle. Apple to Unveil Siri’s AI Overhaul at June Conference
- Positive Sentiment: Analysts are increasingly bullish that Apple’s ecosystem could benefit from agentic AI, with Bank of America reportedly lifting its price target and pointing to user identity, payments, and app access as key advantages. Bank of America Raises Its Apple Stock Price Target to $380. Agentic AI Could Be the Upside Driver.
- Positive Sentiment: Multiple pieces highlight Apple as a momentum stock and suggest Apple Intelligence could drive iPhone and Mac upgrades, which supports the case for further revenue growth. Apple Intelligence Drives Up iPhone & Mac Sales: More Upside Ahead?
- Neutral Sentiment: Leak-driven coverage around the iPhone 18 Pro’s rumored colors and camera changes is generating buzz, but it is too early to be a major fundamental stock driver. iPhone 18 Pro dummy units reveal four color options [Gallery] – 9to5Mac
- Negative Sentiment: Some technical commentary warns Apple is approaching long-term resistance and may need a consolidation period after a strong run, which could limit near-term upside. Apple (AAPL) Faces $355 Barrier at Top of Its Multi-Year Uptrend Structure
Institutional Trading of Apple
A number of large investors have recently made changes to their positions in AAPL. Vanguard Group Inc. increased its stake in Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock valued at $387,749,545,000 after purchasing an additional 26,856,752 shares during the last quarter. State Street Corp increased its stake in Apple by 1.1% in the fourth quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker’s stock valued at $164,218,801,000 after purchasing an additional 6,555,392 shares during the last quarter. Geode Capital Management LLC increased its stake in Apple by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker’s stock valued at $97,031,587,000 after purchasing an additional 1,866,103 shares during the last quarter. Morgan Stanley increased its stake in Apple by 0.6% in the fourth quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker’s stock valued at $62,659,118,000 after purchasing an additional 1,379,651 shares during the last quarter. Finally, Norges Bank purchased a new position in Apple in the fourth quarter valued at approximately $52,266,468,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
About Apple
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.
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