Rep. David Taylor Sells Apple Inc. (NASDAQ:AAPL) Stock

Representative David Taylor (Republican-Ohio) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on May 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on May 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
  • Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 4/27/2026.
  • Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 4/27/2026.
  • Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/27/2026.

Apple Stock Performance

Apple stock opened at $312.06 on Friday. The firm has a market capitalization of $4.58 trillion, a P/E ratio of 37.73, a PEG ratio of 2.72 and a beta of 1.06. The stock has a fifty day moving average price of $275.43 and a 200 day moving average price of $270.06. Apple Inc. has a 52 week low of $195.07 and a 52 week high of $315.00. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPLGet Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.65 earnings per share. Equities research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a $0.27 dividend. The ex-dividend date was Monday, May 11th. 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%. Apple’s payout ratio is currently 13.06%.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Isthmus Partners LLC boosted its holdings in Apple by 6.4% in the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock valued at $25,000 after purchasing an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC boosted its holdings in Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after purchasing an additional 71 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new position in Apple in the fourth quarter valued at about $41,000. ROSS JOHNSON & Associates LLC boosted its holdings in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the last quarter. Finally, LSV Asset Management purchased a new position in Apple in the fourth quarter valued at about $65,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AAPL shares. Robert W. Baird set a $310.00 target price on Apple in a research note on Friday, May 1st. Barclays reiterated an “underweight” rating and issued a $253.00 target price (up from $248.00) on shares of Apple in a research note on Friday, May 1st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a research note on Wednesday, March 4th. Monness Crespi & Hardt upped their price target on Apple from $315.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Phillip Securities upgraded Apple from a “moderate sell” rating to a “hold” rating in a research note on Sunday, February 1st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $310.31.

Get Our Latest Report on Apple

Insiders Place Their Bets

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the sale, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $290.00, for a total value of $369,460.00. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 97,759 shares of company stock worth $24,964,305. Company insiders own 0.06% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Apple Company Profile

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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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