Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Apple Inc. NASDAQ: AAPL. In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on September 8th. The trade occurred in the Representative's "KELBY AUSTIN HERN TRUST" account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of CenterPoint Energy NYSE: CNP on 9/15/2026.
- Sold $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 9/15/2026.
- Sold $15,001 - $50,000 in shares of STERIS NYSE: STE on 9/15/2026.
- Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 9/15/2026.
- Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 9/14/2026.
- Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/14/2026.
- Sold $15,001 - $50,000 in shares of IQVIA NYSE: IQV on 9/14/2026.
- Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 9/14/2026.
- Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/14/2026.
- Sold $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.
Apple Stock Performance
Shares of AAPL stock opened at $338.40 on Tuesday. The stock has a fifty day moving average of $321.79 and a 200 day moving average of $298.18. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $345.34. The firm has a market capitalization of $4.94 trillion, a price-to-earnings ratio of 38.81, a PEG ratio of 2.96 and a beta of 1.08. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.
Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same quarter in the previous year, the business posted $1.57 earnings per share. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, research analysts expect that Apple Inc. will post 8.74 earnings per share for the current year.
Apple Dividend Announcement
The firm 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 dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio is currently 12.39%.
Insiders Place Their Bets
In related news, SVP Jennifer Newstead sold 2,399 shares of the business's stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total value of $815,803.94. Following the completion of the transaction, the senior vice president directly owned 44,391 shares in the company, valued at $15,095,603.46. The trade was a 5.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders have sold 11,031 shares of company stock valued at $3,535,759. 0.06% of the stock is owned by insiders.
Institutional Trading of Apple
A number of hedge funds have recently made changes to their positions in AAPL. State Street Corp boosted its stake in Apple by 4.7% in the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker's stock worth $182,897,769,000 after purchasing an additional 28,321,085 shares in the last quarter. Berkshire Hathaway Inc bought a new stake in Apple during the 2nd quarter valued at about $65,950,297,000. Bank of America Corp DE purchased a new position in Apple in the second quarter worth about $36,986,090,000. Legal & General Group Plc bought a new position in shares of Apple in the second quarter worth approximately $30,443,242,000. Finally, Nuveen LLC grew its holdings in shares of Apple by 3.8% during the fourth quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker's stock valued at $20,389,750,000 after buying an additional 2,725,121 shares during the last quarter. 67.73% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
AAPL has been the topic of a number of research reports. Weiss Ratings lowered shares of Apple from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, September 18th. Daiwa Securities Group raised their price objective on shares of Apple from $325.00 to $335.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a research report on Tuesday, September 8th. Wells Fargo & Company reissued an "overweight" rating and issued a $350.00 target price (up from $310.00) on shares of Apple in a research report on Friday, July 31st. Finally, Citic Securities raised their target price on Apple from $300.00 to $349.00 in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $340.14.
Check Out Our Latest Analysis on AAPL
More Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple’s renewed patent agreement with Qualcomm helps preserve access to important cellular technology and reduces uncertainty surrounding future iPhone launches. The deal also supports Qualcomm’s royalty stream tied to Apple devices. What Is Going on With Qualcomm Stock on Monday?
- Positive Sentiment: Reports that Apple is increasing orders for TSMC’s next-generation 2-nanometer chips point to continued investment in more powerful and efficient processors for future iPhones and other products. TSMC Ramps Up 2nm Chip Capacity as Apple, Nvidia Orders Jump
- Neutral Sentiment: Apple’s foldable iPhone Duo and premium-device strategy could lift revenue and expand its addressable market, but the roughly $2,000 price raises questions about demand beyond affluent early adopters. Apple’s Premium iPhone Strategy Faces a Test Beyond Early Adopters
- Neutral Sentiment: X Corp. and SpaceXAI reportedly moved to dismiss antitrust claims against Apple and OpenAI, removing one legal challenge, although other regulatory matters remain unresolved. Musk’s X Corp and SpaceXAI Drop Apple From AI Antitrust Fight
- Negative Sentiment: A U.S. jury ordered Apple to pay approximately $5.7 billion to Taction Technology for infringing patents covering haptic feedback used in products such as the iPhone and Apple Watch. Apple denies wrongdoing and plans to appeal, but the potential liability is the largest U.S. patent award of its kind. Apple and Amazon Face Revived UK Consumer Lawsuit Over Product Sales
- Negative Sentiment: Britain’s Competition Appeal Tribunal revived part of a consumer case alleging that Apple and Amazon restricted competition for Apple products sold through Amazon’s U.K. marketplace. Apple also faces an expanded Indian investigation into alleged costly repairs following an iOS 18 software update, increasing potential legal and reputational risk. Apple and Amazon Face Revived UK Consumer Lawsuit Over Product Sales
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
Apple Company Profile
(
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Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.
Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.
Further Reading
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