Apple (NASDAQ:AAPL) Stock Sale Disclosed by Rep. Kevin Hern

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 Trading Down 0.8%

AAPL opened at $338.40 on Tuesday. The firm has a market cap of $4.94 trillion, a price-to-earnings ratio of 38.81, a price-to-earnings-growth ratio of 2.96 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 business’s 50 day moving average is $321.79 and its two-hundred day moving average is $298.18. 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) last posted its quarterly earnings data 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. The business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company’s revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.57 earnings per share. On average, research analysts predict that Apple Inc. will post 8.74 EPS for the current 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 given 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 dividend yield of 0.3%. Apple’s dividend payout ratio is 12.39%.

Insiders Place Their Bets

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the 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 transaction, the senior vice president owned 44,391 shares in the company, valued at approximately $15,095,603.46. This represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 11,031 shares of company stock valued at $3,535,759. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Evercore set a $380.00 price objective on shares of Apple and gave the company an “outperform” rating in a research note on Friday, September 18th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a report on Friday. Oppenheimer reiterated a “market perform” rating on shares of Apple in a research report on Thursday, September 10th. Needham & Company LLC reissued a “hold” rating on shares of Apple in a research note on Tuesday, September 8th. Finally, Argus upped their price objective on shares of Apple from $325.00 to $375.00 in a research report on Monday, June 8th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $340.14.

Institutional Trading of Apple

Several hedge funds have recently modified their holdings of the business. State Street Corp grew its stake in Apple by 4.7% during the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock worth $182,897,769,000 after buying an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc purchased a new stake in shares of Apple in the second quarter worth about $65,950,297,000. Bank of America Corp DE purchased a new stake in Apple in the 2nd quarter worth approximately $36,986,090,000. Legal & General Group Plc acquired a new position in shares of Apple in the 2nd quarter valued at $30,443,242,000. Finally, Nuveen LLC grew its position in shares of Apple by 3.8% during the 4th quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker’s stock valued at $20,389,750,000 after acquiring an additional 2,725,121 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple renewed a patent agreement with Qualcomm, helping preserve access to critical cellular technology while supporting continued iPhone production. The agreement also reduces near-term uncertainty as Apple develops more of its own modem technology. Qualcomm patent renewal article
• Positive Sentiment: Rising orders from Apple are contributing to Taiwan Semiconductor’s accelerated 2-nanometer production expansion. Greater access to next-generation chips could support future iPhone performance, artificial-intelligence features and premium-device margins. TSMC 2nm capacity article
• Positive Sentiment: Analysts continue to highlight Apple’s foldable iPhone Duo and premium-device strategy as potential revenue and upgrade-cycle catalysts. The company’s strong balance sheet, including approximately $63 billion in net cash, also supports shareholder returns and strategic investment. Foldable iPhone article
• Neutral Sentiment: Musk’s X Corp. and SpaceXAI moved to dismiss antitrust claims involving Apple and OpenAI, removing one legal challenge. However, Apple still faces separate regulatory and consumer cases in the United Kingdom and India. AI antitrust case article
• Negative Sentiment: A U.S. jury ordered Apple Inc. (AAPL) to pay approximately $5.7 billion for allegedly infringing Taction Technology patents covering haptic feedback. The record-sized award creates potentially substantial financial and litigation risk, although appeals or later changes to the judgment could reduce the final cost. Apple patent verdict article
• Negative Sentiment: A U.K. tribunal revived part of a consumer lawsuit alleging Apple and Amazon restricted competition in Apple-product sales on Amazon’s marketplace. The case could increase regulatory costs or expose Apple to damages, though the claims remain unresolved. UK consumer lawsuit article
• Negative Sentiment: Apple’s valuation is becoming a headwind: shares have outpaced many analyst price targets after a gain of more than 33% over the past year. At a P/E ratio near 39, investors may demand continued strong iPhone, services and AI growth to justify further upside. Apple valuation article

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

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.