Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on July 08th, the Senator disclosed that they had sold between $15,001 and $50,000 in Apple stock on June 24th.
Senator Sheldon Whitehouse also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 6/25/2026.
- Purchased $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 6/25/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
- Sold $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 5/8/2026.
- Sold $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 5/7/2026.
- Sold $15,001 – $50,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 4/13/2026.
Apple Stock Up 4.0%
AAPL opened at $327.50 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The company has a market cap of $4.81 trillion, a price-to-earnings ratio of 39.60, a PEG ratio of 2.74 and a beta of 1.10. Apple Inc. has a one year low of $201.50 and a one year high of $328.73. The business’s fifty day moving average is $301.89 and its two-hundred day moving average is $276.27.
Apple Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were given 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, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is 13.06%.
Insiders Place Their Bets
In other Apple news, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction that occurred on 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 transaction, the chief financial officer owned 13,366 shares of the company’s stock, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,924 shares of company stock valued at $825,546. 0.06% of the stock is currently owned by corporate insiders.
Key Stories Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: China approved Apple Intelligence for iPhones, removing a major regulatory obstacle and opening the door to a fuller AI rollout in a key market. Reuters: Apple Intelligence AI service registered with China’s cyberspace regulator
- Positive Sentiment: Reports that Apple is exploring acquisitions of AI chip companies could accelerate its server-side AI efforts and improve long-term competitiveness. Reuters: Apple chasing AI chip company deals, The Information reports
- Neutral Sentiment: KeyCorp raised near-term earnings estimates, but still kept an Underweight rating and $250 target, signaling improved numbers without changing the negative valuation stance.
- Negative Sentiment: KeyBanc’s downgrade on slowing hardware demand, pricing pressure, and valuation concerns is a reminder that some analysts think Apple’s rally is stretched. Yahoo Finance: Apple Rises 20% in 3 Months: Buy, Sell or Hold the Stock?
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the stock. Tigress Financial reissued a “strong-buy” rating and issued a $375.00 price objective (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. KGI Securities cut Apple from an “outperform” rating to a “hold” rating and set a $315.00 price objective on the stock. in a report on Monday, June 22nd. TD Cowen lifted their price objective on Apple from $335.00 to $350.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. DA Davidson reiterated a “neutral” rating and issued a $270.00 target price on shares of Apple in a research note on Friday, May 1st. Finally, KeyCorp downgraded shares of Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 price objective for the company. in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $314.26.
Get Our Latest Research Report on Apple
Institutional Investors Weigh In On Apple
Several institutional investors have recently bought and sold shares of the business. Lifetime Wealth Management P.C. bought a new stake in Apple in the fourth quarter valued at about $41,000. ROSS JOHNSON & Associates LLC grew its position in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management acquired a new position in shares of Apple in the 4th quarter worth approximately $65,000. Timmons Wealth Management LLC bought a new stake in shares of Apple in the 4th quarter valued at approximately $69,000. Finally, Inspire Investing LLC acquired a new stake in shares of Apple during the 4th quarter valued at approximately $76,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.
About Senator Whitehouse
Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.
Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.
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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