Rep. David Taylor Sells Off Shares of Apple Inc. (NASDAQ:AAPL)

Representative David Taylor (Republican-Ohio) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
  • Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
  • Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
  • Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $259.88 on Tuesday. The firm has a market cap of $3.82 trillion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 2.30 and a beta of 1.10. The firm has a fifty day moving average price of $263.28 and a 200 day moving average price of $260.95. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97.

Apple (NASDAQ:AAPLGet Free Report) last released its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business’s revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.40 EPS. As a group, sell-side analysts expect that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were given a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio is currently 13.15%.

Apple News Roundup

Here are the key news stories impacting Apple this week:

Analyst Ratings Changes

Several research firms have weighed in on AAPL. Morgan Stanley restated an “overweight” rating and set a $315.00 price target (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. Royal Bank Of Canada set a $325.00 price objective on shares of Apple in a research report on Monday, February 2nd. Jefferies Financial Group set a $330.00 target price on shares of Apple in a report on Wednesday, March 4th. Scotiabank set a $330.00 price target on shares of Apple in a report on Monday, February 2nd. Finally, Loop Capital reissued a “buy” rating and set a $325.00 price objective (up from $315.00) on shares of Apple in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average target price of $297.58.

Get Our Latest Analysis on AAPL

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Financial Futures Ltd Liability Co. boosted its position in shares of Apple by 13.2% in the second quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker’s stock valued at $729,000 after acquiring an additional 415 shares during the period. Monarch Capital Management Inc. increased its position in Apple by 4.6% during the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker’s stock worth $13,740,000 after acquiring an additional 2,920 shares during the period. Riverwater Partners LLC raised its stake in Apple by 17.9% during the 2nd quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker’s stock valued at $1,109,000 after purchasing an additional 819 shares during the last quarter. Highland Capital Management LLC raised its stake in Apple by 2.2% during the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker’s stock valued at $101,301,000 after purchasing an additional 8,446 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its holdings in Apple by 48.4% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker’s stock valued at $363,256,000 after purchasing an additional 465,393 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Apple

(Get Free Report)

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.

Further Reading

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