Apple (NASDAQ:AAPL) Shares Sold by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $250,001 and $500,000 in Apple stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Apple Stock Performance

Shares of AAPL stock opened at $343.83 on Thursday. The stock has a fifty day moving average price of $331.73 and a 200 day moving average price of $295.51. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a market cap of $5.02 trillion, a PE ratio of 39.43, a P/E/G ratio of 2.75 and a beta of 1.07. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $351.73.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. Apple’s revenue was up 16.4% compared to the same quarter last year. Sell-side analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Apple news, CEO John Ternus sold 25,412 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer owned 59,567 shares in the company, valued at approximately $19,832,236.98. This trade represents a 29.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total transaction of $806,495.82. Following the transaction, the senior vice president directly owned 41,992 shares in the company, valued at approximately $14,116,870.56. The trade was a 5.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 286,853 shares of company stock worth $95,477,342. 0.06% of the stock is currently owned by company insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple launched its first touchscreen MacBook Pro, featuring tandem OLED displays, M5 Pro and M5 Max chips, 120Hz refresh rates and up to 2,000 nits of brightness. The premium pricing—starting near $2,899—could support revenue and margins if professional users accept the higher cost. Apple shows first touchscreen laptops
• Positive Sentiment: Apple also refreshed the iMac and entry-level MacBook Pro with M6 chips, adding faster performance and on-device AI capabilities. The broader Mac overhaul may create an AI-driven upgrade cycle and strengthen the Mac’s contribution to growth. Apple launches M6 iMac and MacBook Pro
• Positive Sentiment: Analysts continue to see strong iPhone demand, including reports of improving iPhone 18 Pro sales and promising early demand for the $1,999 foldable iPhone Duo. One analyst raised Apple’s price target to $355 ahead of earnings. iPhone Duo sales outlook
• Neutral Sentiment: Apple’s new Maps features and the release of a Mac Studio configuration with as much as 512GB of RAM highlight continued ecosystem and high-end hardware expansion, but these announcements are unlikely to materially change near-term earnings expectations.
• Negative Sentiment: Memory and flash-storage suppliers are gaining pricing power as AI data-center operators absorb capacity. Higher component costs could pressure Apple’s gross margins, particularly as suppliers seek to reverse years of steep discounts. Chip suppliers gain pricing power
• Negative Sentiment: Reports that some iPhone Duo units developed cracked inner screens have raised concerns about warranty costs, brand damage and the durability of Apple’s first foldable. Apple is offering replacements, but the issue creates an unwelcome risk for a major new product. Apple hit by iPhone Duo screen problems
• Negative Sentiment: South Korea fined Apple and Google a combined $47.6 million for allegedly forcing developers toward their payment systems and delaying app reviews. The financial penalty is modest, but the decision adds to broader App Store regulatory and fee pressure. South Korea fines Google and Apple

Institutional Trading of Apple

A number of hedge funds have recently made changes to their positions in the stock. Bell Investment Advisors Inc lifted its stake in Apple by 3.7% in the third quarter. Bell Investment Advisors Inc now owns 37,775 shares of the iPhone maker’s stock worth $12,580,000 after purchasing an additional 1,352 shares during the last quarter. Verus Financial Partners Inc. lifted its position in Apple by 81.3% in the third quarter. Verus Financial Partners Inc. now owns 22,641 shares of the iPhone maker’s stock valued at $7,540,000 after purchasing an additional 10,156 shares during the last quarter. Columbia Bank lifted its position in Apple by 3.6% in the third quarter. Columbia Bank now owns 61,906 shares of the iPhone maker’s stock valued at $20,616,000 after purchasing an additional 2,163 shares during the last quarter. Hoey Investments Inc. lifted its position in Apple by 3.1% in the third quarter. Hoey Investments Inc. now owns 82,286 shares of the iPhone maker’s stock valued at $27,403,000 after purchasing an additional 2,499 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Apple during the third quarter valued at approximately $2,838,007,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AAPL. Piper Sandler initiated coverage on shares of Apple in a report on Monday, August 17th. They set an “overweight” rating for the company. Citigroup reiterated a “buy” rating on shares of Apple in a report on Thursday, September 10th. UBS Group reiterated a “neutral” rating on shares of Apple in a report on Tuesday, October 6th. China Renaissance downgraded shares of Apple from a “buy” rating to a “hold” rating and lowered their price target for the stock from $329.00 to $280.00 in a report on Tuesday, August 4th. Finally, Loop Capital lowered Apple from a “buy” rating to a “hold” rating and dropped their target price for the company from $370.00 to $330.00 in a research note on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $340.59.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

Apple Company Profile

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.