Apple (NASDAQ:AAPL) Stock Sold Off Rep. Dan Crenshaw

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/1/2026.

Apple Stock Performance

Shares of AAPL stock opened at $326.59 on Tuesday. The company has a market capitalization of $4.80 trillion, a price-to-earnings ratio of 39.49, a P/E/G ratio of 2.90 and a beta of 1.10. Apple Inc. has a 1-year low of $201.50 and a 1-year high of $334.99. 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 stock’s fifty day simple moving average is $304.29 and its 200-day simple moving average is $277.50.

Apple (NASDAQ:AAPL) last announced 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 business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.65 EPS. On average, sell-side analysts predict that Apple Inc. will post 8.76 earnings per share for the current fiscal 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 issued a dividend of $0.27 per share. This is a positive change from Apple’s previous quarterly dividend of $0.26. 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. Apple’s dividend payout ratio is presently 13.06%.

Insider Buying and Selling at Apple

In other news, CFO Kevan Parekh sold 1,534 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $290.00, for a total value of $369,460.00. Following the completion of the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,924 shares of company stock valued at $825,546. Corporate insiders own 0.06% of the company’s stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple Intelligence received regulatory approval for launch in China, improving the company’s AI growth outlook and supporting a bigger long-term opportunity. Article Title
• Positive Sentiment: Apple’s reported China AI partnership with Alibaba is being viewed as a key catalyst that could strengthen demand and broaden Apple’s AI strategy. Article Title
• Positive Sentiment: Analysts and investors expect Apple to beat Q3 estimates, with attention on gross margins and iPhone monetization ahead of earnings. Article Title
• Positive Sentiment: Apple was briefly the world’s most valuable company again, underscoring strong investor confidence in its earnings power and valuation momentum. Article Title
• Neutral Sentiment: Some commentary says Apple’s stock is now trading at a historically rich valuation, which may limit upside if the company does not deliver a strong earnings update. Article Title
• Neutral Sentiment: Apple’s lawsuit against OpenAI adds legal noise, but the market appears to be treating it as more of a strategic AI positioning move than a major financial risk for now. Article Title

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AAPL. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a research note on Monday, June 8th. Wedbush reaffirmed an “outperform” rating and issued a $400.00 price target on shares of Apple in a research note on Friday, June 5th. KeyCorp lowered Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 price objective for the company. in a report on Tuesday, July 14th. Bank of America reissued a “buy” rating and set a $380.00 price objective on shares of Apple in a research report on Thursday, June 18th. Finally, Tigress Financial reaffirmed a “strong-buy” rating and issued a $375.00 target price (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.43.

Hedge Funds Weigh In On Apple

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Apple during the 4th quarter worth $52,266,468,000. Nuveen LLC acquired a new stake in Apple in the 1st quarter valued at approximately $17,472,482,000. Cardano Risk Management B.V. increased its position in Apple by 890.7% in the 4th quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after buying an additional 37,746,784 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Apple by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock worth $387,749,545,000 after acquiring an additional 26,856,752 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

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.