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

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 Trading Down 6.1%

NASDAQ AAPL traded down $17.93 on Thursday, reaching $275.15. The company had a trading volume of 106,841,088 shares, compared to its average volume of 48,542,605. Apple Inc. has a 52 week low of $199.26 and a 52 week high of $317.40. The stock’s 50 day moving average is $291.83 and its 200-day moving average is $273.15. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market cap of $4.04 trillion, a price-to-earnings ratio of 33.27, a PEG ratio of 2.56 and a beta of 1.09.

Apple (NASDAQ:AAPLGet Free Report) last posted its earnings results 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 company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.65 EPS. Equities analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. Apple’s payout ratio is presently 13.06%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Hedge Funds Weigh In On Apple

A number of large investors have recently modified their holdings of the business. Evansbrook LLC increased its stake in shares of Apple by 0.4% during the 1st quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker’s stock worth $2,054,000 after purchasing an additional 34 shares during the last quarter. JMG Financial Group Ltd. raised its stake in Apple by 0.7% in the first quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker’s stock valued at $1,295,000 after buying an additional 35 shares during the period. Reyes Financial Architecture Inc. lifted its position in shares of Apple by 0.4% in the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after buying an additional 37 shares during the last quarter. WESPAC Advisors LLC boosted its stake in shares of Apple by 0.3% during the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after acquiring an additional 39 shares during the period. Finally, Interactive Financial Advisors Inc. increased its holdings in shares of Apple by 4.0% during the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker’s stock worth $286,000 after acquiring an additional 40 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Timothy D. Cook sold 64,949 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at $833,980,668.14. The trade was a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O’brien sold 30,002 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the transaction, the senior vice president owned 136,810 shares in the company, valued at $34,934,433.50. This trade represents a 17.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 97,875 shares of company stock worth $24,998,541. Company insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on AAPL shares. BNP Paribas Exane upgraded shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 target price on the stock in a report on Friday, April 17th. Tigress Financial reiterated a “strong-buy” rating and set a $375.00 target price (up from $305.00) on shares of Apple in a report on Thursday, May 14th. KGI Securities downgraded Apple from an “outperform” rating to a “hold” rating and set a $315.00 price target for the company. in a report on Monday. DA Davidson reiterated a “neutral” rating and set a $270.00 price objective on shares of Apple in a report on Friday, May 1st. Finally, UBS Group reissued a “buy” rating on shares of Apple in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $314.85.

Read Our Latest Research Report on AAPL

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

(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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