Apple (NASDAQ:AAPL) Shares Sold Rep. John McGuire

Key Points

• Rep. John McGuire sold between $1,001 and $15,000 of Apple shares on August 18 in his Merrill Lynch SEP IRA, according to a filing disclosed September 2.
• McGuire also bought NVIDIA and Applied Materials shares while selling Palo Alto Networks and BlackRock during July and August.
• Apple recently exceeded quarterly earnings and revenue expectations, while analysts maintain a consensus “Moderate Buy” rating with an average price target of $330.61.

Representative John McGuire (Republican-Virginia) recently sold shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on August 18th. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 8/18/2026.
• Sold $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 7/15/2026.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 7/14/2026.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 7/10/2026.

Apple Price Performance

Shares of AAPL opened at $328.21 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The company's fifty day simple moving average is $314.94 and its 200 day simple moving average is $290.13. Apple Inc. has a 1-year low of $225.95 and a 1-year high of $344.57. The company has a market cap of $4.79 trillion, a price-to-earnings ratio of 37.64, a PEG ratio of 2.81 and a beta of 1.08.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.57 earnings per share. On average, research analysts forecast that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's payout ratio is presently 12.39%.

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 1,439 shares of the firm's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the transaction, the senior vice president owned 35,790 shares in the company, valued at approximately $11,345,787.90. This trade represents a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ben Borders sold 116 shares of the business's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares of the company's stock, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 5,872 shares of company stock worth $1,823,201. 0.06% of the stock is currently owned by insiders.

Analyst Ratings Changes

AAPL has been the topic of a number of recent analyst reports. Morgan Stanley reissued an "overweight" rating and set a $360.00 price target on shares of Apple in a research report on Wednesday. Piper Sandler started coverage on shares of Apple in a research report on Monday, August 17th. They set an "overweight" rating for the company. DZ Bank lowered shares of Apple from a "buy" rating to a "hold" rating and set a $310.00 price objective on the stock. in a research report on Tuesday, August 4th. Seaport Research Partners cut shares of Apple from a "buy" rating to a "neutral" rating in a research note on Monday, August 17th. Finally, Phillip Securities downgraded shares of Apple from a "hold" rating to a "moderate sell" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and a consensus price target of $330.61.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Investor optimism is building ahead of Apple’s September 9 product event, the first major launch under new CEO John Ternus. Ternus described the event as “phenomenal,” raising expectations for new premium iPhones and the company’s first foldable iPhone. Apple’s New CEO Teases “Phenomenal” iPhone Launch
• Positive Sentiment: The foldable iPhone could provide a significant new growth catalyst. Morgan Stanley estimates the device could contribute approximately $14 billion to the December quarter, while other projections suggest strong market share and premium pricing potential if demand materializes. Apple’s Foldable iPhone May Contribute $14 Billion
• Positive Sentiment: Morgan Stanley reaffirmed its Overweight rating and set a $360 price target, supporting the view that Apple’s product pipeline and earnings growth can justify its premium valuation. Apple’s services business also continues to benefit from price increases to Apple TV and Apple One. Apple TV Price Hike
• Neutral Sentiment: John Ternus has formally succeeded Tim Cook, while Cook remains executive chairman. The structure provides continuity and preserves Cook’s government and China relationships, but Ternus must prove that a product-focused strategy can improve Apple’s position in AI. Apple Leadership Transition
• Negative Sentiment: Jefferies downgraded Apple to Underperform, reportedly citing the cancellation of an all-glass MacBook or foldable MacBook project and skepticism that the foldable iPhone will be more than a niche product. Jefferies Downgrades Apple
• Negative Sentiment: Apple faces a £2 billion ($2.7 billion) UK lawsuit alleging that its App Tracking Transparency rules unfairly restrict third-party developers while favoring Apple’s own advertising services. BASF has also filed a separate patent lawsuit over face-authentication technology. BASF Patent Lawsuit
• Negative Sentiment: Rising memory-chip costs could lift iPhone production expenses sharply, forcing Apple to raise prices, accept lower margins or risk weaker demand. Analysts remain divided, with DA Davidson maintaining a Neutral rating and a $270 price target. Apple Product and Leadership Outlook
• Negative Sentiment: An Apple senior vice president sold 1,439 shares worth about $456,000. The sale was relatively small, leaving the executive with nearly 35,800 shares, but it may add modestly to near-term investor caution. Apple Insider Trading Filing

Institutional Trading of Apple

Several institutional investors have recently added to or reduced their stakes in the company. Anchor Capital Advisors LLC boosted its stake in shares of Apple by 7.6% in the second quarter. Anchor Capital Advisors LLC now owns 31,079 shares of the iPhone maker's stock valued at $9,072,000 after buying an additional 2,184 shares during the period. MLG Wealth Management DBA Pine Grove Financial Group increased its stake in Apple by 28.3% during the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 23,984 shares of the iPhone maker's stock worth $6,940,000 after acquiring an additional 5,292 shares during the period. Kinetic Wealth Investment Advisors LLC bought a new position in Apple during the 2nd quarter worth $967,000. Range Advisory LLC raised its holdings in Apple by 38.0% in the 2nd quarter. Range Advisory LLC now owns 59,364 shares of the iPhone maker's stock valued at $17,178,000 after acquiring an additional 16,353 shares in the last quarter. Finally, Capital & Planning LLC raised its holdings in Apple by 0.4% in the 2nd quarter. Capital & Planning LLC now owns 21,860 shares of the iPhone maker's stock valued at $6,325,000 after acquiring an additional 83 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

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.

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