Sen. Katie Boyd Britt Sells Apple Inc. (NASDAQ:AAPL) Shares

Senator Katie Boyd Britt (R-Alabama) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on January 26th, the Senator disclosed that they had sold between $1,001 and $15,000 in Apple stock on November 7th.

Senator Katie Boyd Britt also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 11/7/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 11/7/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/7/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 11/7/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 11/7/2025.

Apple Trading Up 0.5%

Shares of NASDAQ AAPL traded up $1.20 during midday trading on Friday, hitting $259.48. The stock had a trading volume of 92,324,812 shares, compared to its average volume of 47,378,696. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62. The company has a fifty day moving average price of $268.38 and a 200 day moving average price of $251.42. The company has a market capitalization of $3.81 trillion, a price-to-earnings ratio of 32.80, a PEG ratio of 2.40 and a beta of 1.09.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a return on equity of 171.22% and a net margin of 27.04%.The business’s revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.40 EPS. On average, analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, February 9th. Apple’s dividend payout ratio is currently 13.92%.

Institutional Trading of Apple

Several hedge funds have recently added to or reduced their stakes in the business. Reyes Financial Architecture Inc. lifted its holdings in shares of Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after buying an additional 37 shares during the period. WESPAC Advisors LLC boosted its holdings in shares of Apple by 0.3% in the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after purchasing an additional 39 shares during the period. American Alpha Advisors LLC increased its position in Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock valued at $293,000 after acquiring an additional 41 shares during the last quarter. Capstone Wealth Management LLC raised its holdings in shares of Apple by 0.5% in the 3rd quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker’s stock valued at $2,174,000 after purchasing an additional 42 shares in the last quarter. Finally, Seven Springs Wealth Group LLC raised its stake in Apple by 0.3% in the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker’s stock valued at $3,934,000 after buying an additional 42 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

AAPL has been the topic of a number of recent research reports. Needham & Company LLC reiterated a “hold” rating on shares of Apple in a research note on Friday. Morgan Stanley restated an “overweight” rating and set a $315.00 price objective (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. Rosenblatt Securities raised their target price on shares of Apple from $250.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays reaffirmed an “underweight” rating and issued a $239.00 target price (up previously from $230.00) on shares of Apple in a report on Friday. Finally, Monness Crespi & Hardt increased their price objective on shares of Apple from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $289.23.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Record quarter driven by iPhone 17 and China — Apple beat revenue and EPS expectations, reported record iPhone sales and gave strong March-quarter revenue/margin guidance, supporting bullish near-term fundamentals. Apple sales, profit beat
• Positive Sentiment: Analyst upgrades/price-target increases — Several firms raised targets and reiterated buy ratings after the beat (including TD Cowen, JPMorgan, Monness Crespi & Hardt), which supports upside sentiment among institutional investors. Analyst notes
• Neutral Sentiment: AI strategy remains ambiguous — Apple announced partnerships (e.g., Google Gemini) and made AI-related M&A (Q.ai), but offered limited execution details; these moves signal intent but leave monetization and competitive positioning unclear. AI details unclear
• Neutral Sentiment: Potential supply-chain diversification — Reports that Apple is exploring U.S. foundry partners (e.g., Intel) could ease long-term sourcing risk but are early-stage and not an immediate fix for 2026 capacity issues. Intel foundry reports
• Negative Sentiment: Rising memory-chip costs and shortages — Apple warned memory prices are beginning to bite; suppliers like Samsung and SK Hynix are prioritizing AI chips, tightening supply and pressuring gross margins if costs stay elevated. Memory cost warning
• Negative Sentiment: iPhone production constraints — Multiple reports say TSMC/other chip shortages are limiting Apple’s ability to meet iPhone demand, forcing Apple to prioritize premium models and potentially capping unit growth despite strong demand. TSMC supply short
• Negative Sentiment: Talent and execution questions in AI — Reports of AI researcher departures and commentary that the Google partnership could limit Apple’s AI upside have soured investor enthusiasm for Apple’s AI prospects. AI researcher departures

Insiders Place Their Bets

In other news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the sale, the insider owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.06% of the company’s stock.

About Senator Britt

Katie Britt (Republican Party) is a member of the U.S. Senate from Alabama. She assumed office on January 3, 2023. Her current term ends on January 3, 2029.

Britt (Republican Party) ran for election to the U.S. Senate to represent Alabama. She won in the general election on November 8, 2022.

Katie Britt was born in Enterprise, Alabama, and lives in Montgomery, Alabama. Britt earned a bachelor’s degree and juris doctor from the University of Alabama. Her career experience includes working as the president and CEO of the Alabama Business Council, the campaign manager and chief of staff for U.S. Sen. Richard Shelby, and an attorney with Butler Snow LLP.

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.