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 Price Performance

AAPL traded down $5.95 during midday trading on Tuesday, hitting $332.45. The company had a trading volume of 8,338,202 shares, compared to its average volume of 49,125,598. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The company has a market capitalization of $4.85 trillion, a PE ratio of 38.15, a P/E/G ratio of 2.96 and a beta of 1.08. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. The firm’s 50-day simple moving average is $321.79 and its 200-day simple moving average is $298.18.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. Apple’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.57 earnings per share. Equities research analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is currently 12.39%.

Hedge Funds Weigh In On Apple

Institutional investors have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. boosted its position in Apple by 10.5% in the second quarter. QRG Capital Management Inc. now owns 2,659,362 shares of the iPhone maker’s stock valued at $771,119,000 after buying an additional 252,894 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Apple by 10.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 693,928 shares of the iPhone maker’s stock worth $201,044,000 after buying an additional 67,072 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Apple by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 14,628,132 shares of the iPhone maker’s stock worth $4,249,340,000 after buying an additional 1,304,406 shares in the last quarter. State Street Corp lifted its stake in shares of Apple by 4.7% in the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after acquiring an additional 28,321,085 shares during the last quarter. Finally, Silicon Valley Capital Partners lifted its stake in shares of Apple by 0.8% in the 2nd quarter. Silicon Valley Capital Partners now owns 205,570 shares of the iPhone maker’s stock valued at $59,484,000 after acquiring an additional 1,555 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total value of $815,803.94. Following the completion of the transaction, the senior vice president owned 44,391 shares in the company, valued at $15,095,603.46. This trade represents a 5.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders sold 11,031 shares of company stock worth $3,535,759. Company insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AAPL. BTIG Research started coverage on shares of Apple in a report on Monday, August 17th. They set a “neutral” rating for the company. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a research note on Friday. JPMorgan Chase & Co. reissued a “buy” rating on shares of Apple in a research note on Monday, September 21st. HSBC reaffirmed a “buy” rating and set a $366.00 price target on shares of Apple in a report on Tuesday, September 8th. Finally, Deutsche Bank Aktiengesellschaft cut Apple from a “buy” rating to a “hold” rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $340.14.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s renewed patent agreement with Qualcomm could help preserve supply-chain stability and access to Qualcomm’s technology as Apple expands its device lineup. Strong demand for Apple’s next-generation products is also supporting chip orders at TSMC, including increased 2-nanometer capacity. Qualcomm Just Locked In Apple
• Positive Sentiment: The foldable iPhone Duo and premium iPhone strategy could lift average selling prices and revenue if Apple succeeds in attracting customers beyond early adopters. Analysts are also highlighting Apple’s improving margin outlook and substantial net cash position as potential support for its valuation. Apple Opens the Ternus Era with a Foldable iPhone
• Neutral Sentiment: Apple’s broader device ecosystem remains a long-term opportunity, with product launches spanning foldable phones, AI-enabled devices and accessories. However, investors are watching whether new hardware generates sustained upgrades and subscription revenue rather than only short-term launch enthusiasm. Apple, Meta, and SpaceX Are Driving a Device Boom
• Negative Sentiment: A U.S. jury ordered Apple to pay approximately $5.7 billion to Taction Technology over patents covering haptic feedback used in devices such as the iPhone and Apple Watch. The verdict is the largest of its kind in a U.S. patent case, although appeals and possible changes to the award could limit the ultimate financial impact. Apple Faces $5.7 Billion Patent Verdict
• Negative Sentiment: Apple also faces a revived U.K. consumer lawsuit alleging that restrictions on third-party Apple-product sales through Amazon’s marketplace reduced competition and raised prices. Separately, Indian authorities have escalated complaints involving costly repairs allegedly linked to an iOS 18 update. These cases add legal, regulatory and potential cost risks. Apple and Amazon Face Revived UK Consumer Lawsuit
• Negative Sentiment: At roughly 39 times earnings and above the consensus price target cited in recent commentary, AAPL’s valuation leaves limited room for execution mistakes. Investors are questioning whether premium pricing, AI competition and slower growth can justify further multiple expansion. Apple May Be Re-Rating Bound

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.

About Apple

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.