Sen. Shelley Moore Capito Sells Off Shares of Apple Inc. (NASDAQ:AAPL)

Senator Shelley Moore Capito (Republican-West Virginia) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on August 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in Apple stock on July 21st.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 7/21/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of CocaCola (NYSE:KO) on 7/21/2026.

Apple Stock Performance

NASDAQ AAPL opened at $309.46 on Wednesday. The company has a market capitalization of $4.52 trillion, a PE ratio of 35.49, a price-to-earnings-growth ratio of 2.60 and a beta of 1.09. Apple Inc. has a twelve month low of $202.16 and a twelve month high of $344.57. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The business’s 50-day moving average price is $309.42 and its 200 day moving average price is $282.24.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the prior year, the business posted $1.57 earnings per share. Apple’s revenue for the quarter was up 16.4% compared to the same quarter last year. On average, research analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, August 10th. Apple’s dividend payout ratio is presently 12.39%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new position in Apple in the fourth quarter valued at approximately $41,000. ROSS JOHNSON & Associates LLC lifted its holdings 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 purchasing an additional 180 shares during the last quarter. LSV Asset Management bought a new stake in shares of Apple in the 4th quarter worth approximately $65,000. Timmons Wealth Management LLC acquired a new position in Apple during the 4th quarter valued at approximately $69,000. Finally, Inspire Investing LLC bought a new position in Apple during the 4th quarter worth $76,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on AAPL. DA Davidson reaffirmed a “neutral” rating and set a $270.00 price target on shares of Apple in a research report on Friday, July 31st. Citigroup restated a “buy” rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a research note on Monday, July 13th. Royal Bank Of Canada set a $365.00 price target on Apple in a research report on Wednesday, July 15th. The Goldman Sachs Group reiterated a “buy” rating and set a $360.00 price objective (down from $370.00) on shares of Apple in a research note on Friday. Finally, Wedbush restated an “outperform” rating and issued a $400.00 target price on shares of Apple in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $330.44.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Independent IDC data suggests quarterly iPhone demand was stronger than Apple’s reported financial figures alone indicate. Although Apple no longer discloses unit sales, IDC’s estimates point to solid shipment growth, supporting the outlook for the iPhone upgrade cycle. Apple’s Quarterly iPhone Sales Were Even Better Than They Seem
• Positive Sentiment: Apple reported a record June-quarter revenue of $109.42 billion, up 16.4% year over year, and adjusted earnings of $2.02 per share versus the $1.89 consensus estimate. Strong iPhone performance, profitability and cash generation reinforce the company’s fundamental strength. Apple Earnings Report
• Positive Sentiment: Apple’s expansion in India received potential support from proposed tax exemptions for foreign companies supplying equipment to contract manufacturers. The policy could strengthen manufacturing diversification away from China and support long-term production growth. India Proposes Extending Tax Breaks
• Neutral Sentiment: Tim Cook’s final quarter as chief executive was Apple’s best June quarter, while incoming CEO John Ternus begins a leadership transition. The change creates execution uncertainty but may also signal a renewed focus on hardware and product development. Tim Cook’s Last Quarter as CEO
• Negative Sentiment: Investors were disappointed by revenue guidance, with management citing tight supplies and higher memory costs driven by AI-related demand. Analysts warn that component inflation could pressure margins for several quarters. AAPL Downgrades and Memory Inflation
• Negative Sentiment: Services revenue grew about 12% to $30.7 billion, slower than Apple’s other major businesses and below investor expectations. Because Services supports Apple’s premium valuation, the slowdown has intensified concerns about growth durability.
• Negative Sentiment: Wall Street downgrades from DZ Bank, China Renaissance and Phillip Securities cited Apple’s expensive valuation, rising costs and an unclear AI growth engine. The stock trades at roughly 35 times earnings, leaving less room for disappointment.
• Negative Sentiment: Apple’s escalating trade-secrets lawsuit against OpenAI adds legal and strategic uncertainty, as OpenAI disputes Apple’s allegations and criticizes its court filings. Apple Seeks Injunction Against OpenAI

Insiders Place Their Bets

In other Apple news, insider Ben Borders sold 116 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by corporate insiders.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.