Rep. Matthew Robert Van Epps Unloads Apple Inc. (NASDAQ:AAPL) Stock

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
• Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

Apple Price Performance

Shares of AAPL stock traded down $15.46 during trading hours on Thursday, hitting $277.62. The company’s stock had a trading volume of 24,235,838 shares, compared to its average volume of 47,821,027. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The business has a fifty day moving average of $291.83 and a 200-day moving average of $273.15. Apple Inc. has a twelve month low of $199.26 and a twelve month high of $317.40. The stock has a market cap of $4.08 trillion, a price-to-earnings ratio of 33.70, a P/E/G ratio of 2.56 and a beta of 1.09.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 EPS. As a group, equities research analysts anticipate that Apple Inc. will post 8.74 EPS for the current year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were given a $0.27 dividend. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio (DPR) is currently 13.06%.

Institutional Investors Weigh In On Apple

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in Apple by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock worth $387,749,545,000 after buying an additional 26,856,752 shares during the period. State Street Corp raised its stake in Apple by 1.1% during the fourth quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker’s stock worth $164,218,801,000 after acquiring an additional 6,555,392 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Apple by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker’s stock valued at $97,031,587,000 after acquiring an additional 1,866,103 shares during the period. Morgan Stanley lifted its holdings in shares of Apple by 0.6% during the fourth quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker’s stock valued at $62,659,118,000 after acquiring an additional 1,379,651 shares during the period. Finally, Norges Bank acquired a new stake in shares of Apple in the 4th quarter valued at $52,266,468,000. Institutional investors own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on AAPL shares. Moffett Nathanson raised their price target on shares of Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Evercore reissued an “outperform” rating on shares of Apple in a research report on Monday, June 8th. Monness Crespi & Hardt lifted their target price on shares of Apple from $315.00 to $335.00 and gave the company a “buy” rating in a report on Friday, May 1st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Apple in a research report on Tuesday, June 9th. Finally, Stifel Nicolaus set a $330.00 target price on Apple in a research report on Monday, March 2nd. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $314.85.

Insider Activity

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. This represents a 10.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of Apple 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 of the company’s stock, valued at approximately $833,980,668.14. This represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 97,875 shares of company stock worth $24,998,541 in the last quarter. 0.06% of the stock is owned by company insiders.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America and other bulls say Apple’s newer Siri/AI strategy could strengthen its competitive position and reset the company’s AI narrative in a more favorable way, which may support long-term sentiment. Apple, Citizens Financial, Travelers And A Financial Stock On CNBC’s ‘Final Trades’
• Positive Sentiment: Apple’s reported agreement to work with Intel on U.S. chip design and manufacturing is being viewed as strategically smart, potentially improving supply-chain resilience ahead of future AI-related device demand. Apple-Intel chip deal makes strategic sense but production is years away
• Positive Sentiment: Price increases on some Macs and iPads may help Apple protect gross margin if memory and storage costs stay elevated, and analysts have argued the hikes could offset part of the pressure. Apple raises prices of MacBooks, iPads as memory costs skyrocket
• Neutral Sentiment: Commentary around Apple’s AI upgrade has been mixed, with some analysts saying it improves the story but probably won’t be a near-term game changer for the stock. 1 Metric That Highlights Apple’s Focus on AI
• Neutral Sentiment: Apple’s inclusion in popular ETF and “best stock” list articles reinforces its mega-cap appeal, but these pieces are mostly sentiment/background rather than fresh company-specific catalysts. Meet the Spectacular ETF With 32.8% of Its Portfolio Parked in Nvidia, Apple, Broadcom, and Alphabet
• Negative Sentiment: Higher memory and storage chip costs are forcing Apple to raise prices, which could pressure demand for iPads and MacBooks if consumers push back. Exclusive: A former Apple engineer thinks AI infrastructure is built for the wrong future. Investors just gave him $80 million to fix it
• Negative Sentiment: Several reports suggest Apple’s AI improvements may not be enough to materially change iPhone market-share trends, limiting the upside from the WWDC AI announcements in the near term. Apple’s AI Upgrade Probably Won’t Be a Game Changer for AAPL Stock

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

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.