Rep. Dan Crenshaw Sells Off Apple Inc. (NASDAQ:AAPL) Stock

Posted by Teresa Graham on Jul 21st, 2026

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/1/2026.
Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/1/2026.
Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/1/2026.

Apple Stock Up 0.2%

NASDAQ AAPL traded up $0.55 on Tuesday, hitting $327.14. The stock had a trading volume of 10,252,683 shares, compared to its average volume of 50,316,027. The business’s fifty day moving average price is $304.29 and its 200 day moving average price is $277.50. The stock has a market cap of $4.80 trillion, a price-to-earnings ratio of 39.53, a price-to-earnings-growth ratio of 2.90 and a beta of 1.10. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. Apple Inc. has a 52-week low of $201.50 and a 52-week high of $334.99.

Apple (NASDAQ:AAPL – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the prior year, the business posted $1.65 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a $0.27 dividend. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is presently 13.06%.

Hedge Funds Weigh In On Apple

Institutional investors have recently bought and sold shares of the business. Overbrook Management Corp increased its position in shares of Apple by 57.4% during the fourth quarter. Overbrook Management Corp now owns 104,648 shares of the iPhone maker’s stock worth $28,449,000 after acquiring an additional 38,174 shares in the last quarter. Rainier Family Wealth Inc. lifted its holdings in shares of Apple by 14.1% in the first quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker’s stock valued at $6,189,000 after purchasing an additional 3,014 shares in the last quarter. Torren Management LLC purchased a new position in shares of Apple during the fourth quarter valued at approximately $1,178,000. Summit Wealth Partners LLC grew its holdings in Apple by 108.3% during the first quarter. Summit Wealth Partners LLC now owns 34,989 shares of the iPhone maker’s stock worth $8,880,000 after buying an additional 18,188 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp bought a new stake in Apple during the fourth quarter worth $105,482,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

More Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple hit an unprecedented valuation of about 11x sales and briefly reached an all-time high, reflecting strong investor confidence in its AI narrative and market leadership. AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook’s Final Earnings Call as Apple CEO
Positive Sentiment: Reports that Apple Intelligence received approval for launch in China are being seen as a meaningful catalyst, potentially opening a large new market for Apple’s AI features and supporting future device demand. Apple Intelligence Just Got the Green Light in China. What That Means for AAPL Stock.
Positive Sentiment: Several analysts remain constructive ahead of Apple’s July 30 earnings report, saying the company could beat estimates and that its long-term AI and silicon strategy supports upside. Apple’s Long-Term AI and Silicon Strategy Underpins Buy Rating and Unchanged $360 Price Target
Neutral Sentiment: Apple and Nvidia are now battling for the title of the world’s most valuable company, highlighting Apple’s momentum, but also showing how closely the stock is tracking broader AI sentiment. Apple and Nvidia Vie for the Position as the World’s Biggest Company: Which Is the Better Buy Now?
Neutral Sentiment: Apple’s upcoming results are expected to be strong, but investors are also focused on gross margin pressure, the staggered iPhone launch schedule, and what Tim Cook’s final earnings call as CEO could signal for the transition ahead. Apple set to beat Q3 estimates as BofA sees margin dip as transitory
Negative Sentiment: Some commentary warns that Apple’s valuation is now stretched, with concerns that any slowdown in AI adoption, consumer demand, or margins could limit upside from here. 4 Wall Street Darlings I Wouldn’t Touch With A Ten Foot Pole
Negative Sentiment: Technical-focused articles flagged a rare momentum sell signal, suggesting the stock may be vulnerable after its recent run if enthusiasm cools before earnings. Apple Stock Sends Major Warning Signal as Momentum Hits Peak

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AAPL. Citigroup restated a “buy” rating and set a $365.00 price target (up from $315.00) on shares of Apple in a research note on Monday, July 13th. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a research report on Tuesday, June 9th. Raymond James Financial set a $380.00 target price on shares of Apple in a research note on Monday. Barclays restated an “underweight” rating on shares of Apple in a research note on Tuesday, June 9th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $400.00 price target on shares of Apple in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Apple has an average rating of “Moderate Buy” and an average target price of $322.43.

Check Out Our Latest Research Report on Apple

Insider Buying and Selling at Apple

In other news, CFO Kevan Parekh sold 1,534 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the sale, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. This represents a 10.30% 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, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider owned 38,713 shares in the company, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,924 shares of company stock worth $825,546. Company insiders own 0.06% of the company’s stock.

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

About Apple

(Get Free Report)

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.