Senator Shelley Moore Capito (Republican-West Virginia) recently sold part of their stake in Apple Inc. (NASDAQ:AAPL). In a filing disclosed on November 4th, the Senator disclosed that they had sold between $1,001 and $15,000 in Apple stock on October 21st.
Senator Shelley Moore Capito also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Zoetis (NYSE:ZTS) on 10/21/2026.
Apple Trading Down 1.5%
Shares of Apple stock opened at $344.17 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 0.61. The company’s 50-day simple moving average is $335.46 and its 200-day simple moving average is $298.03. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $355.38. The firm has a market cap of $5.00 trillion, a price-to-earnings ratio of 39.67, a price-to-earnings-growth ratio of 3.30 and a beta of 1.07.
Apple Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 12th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s payout ratio is presently 12.39%.
Key Stories Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple beat fiscal fourth-quarter earnings and revenue expectations, with revenue of $114.5 billion and solid iPhone and Mac demand. The results support the view that product demand remains healthy. Apple shares fell despite a double beat in Q4
- Positive Sentiment: Bernstein raised its price target to $380 and kept a Buy rating, citing potential upside from Appleās business prospects. Bernstein rating and price target
- Neutral Sentiment: Apple is reportedly seeking up to $7 billion through a bond offering. The borrowing adds financing flexibility, but the reports did not specify how proceeds would be used. Apple seeks about $7 billion from bond sale
- Negative Sentiment: Management flagged memory-chip costs that could keep rising, along with supply constraints ahead of the December quarter. These pressures may weigh on margins even as demand remains strong. Supply constraints and rising memory costs
- Negative Sentiment: Investors are also scrutinizing earnings quality: tariff refunds boosted reported profit metrics, making the underlying results less straightforward to assess. Investors revisit Apple earnings quality
- Negative Sentiment: Analyst caution and valuation concerns add to the headwinds. DZ Bank cut Apple to Sell, while coverage also points to slower Services growth and a premium share valuation. DZ Bank downgrades Apple
Institutional Investors Weigh In On Apple
Several institutional investors have recently bought and sold shares of the business. Berkshire Hathaway Inc acquired a new stake in shares of Apple during the 2nd quarter valued at $65,950,297,000. Bank of America Corp DE acquired a new position in shares of Apple in the 2nd quarter valued at about $36,986,090,000. Legal & General Group Plc purchased a new stake in Apple in the 2nd quarter worth approximately $30,443,242,000. Deutsche Bank AG acquired a new stake in Apple during the second quarter valued at $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Apple during the 2nd quarter valued at about $10,588,946,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Apple
In other Apple news, SVP Deirdre O’brien sold 46,389 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president owned 136,810 shares of the company’s stock, valued at $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total value of $806,495.82. Following the sale, the senior vice president owned 41,992 shares of the company’s stock, valued at approximately $14,116,870.56. This trade represents a 5.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 291,651 shares of company stock valued at $97,082,537. Corporate insiders own 0.06% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages recently commented on AAPL. Guggenheim set a $400.00 price objective on shares of Apple in a research note on Tuesday. Robert W. Baird set a $340.00 target price on shares of Apple and gave the stock an “outperform” rating in a research report on Tuesday. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Apple in a report on Wednesday, September 9th. Yorkville Ives began coverage on shares of Apple in a research report on Tuesday, October 6th. They set an “outperform” rating and a $400.00 price target for the company. Finally, Moffett Nathanson set a $283.00 price target on Apple and gave the stock a “neutral” rating in a research note on Tuesday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $343.74.
Read Our Latest Stock Report on AAPL
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.
About Apple
Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
See Also
- Five stocks we like better than Apple
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.
