Representative Mark Alford (Republican-Missouri) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on March 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on March 16th. The trade occurred in the Representative’s “PUTNAM INVESTMENTS” account.
Representative Mark Alford also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of SPDR S&P 500 Buyback ETF (NYSEARCA:SPYB) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/16/2026.
Apple Price Performance
NASDAQ:AAPL opened at $255.92 on Friday. The stock has a market cap of $3.76 trillion, a P/E ratio of 32.35, a PEG ratio of 2.42 and a beta of 1.11. Apple Inc. has a one year low of $169.21 and a one year high of $288.62. The company has a fifty day moving average price of $260.51 and a 200 day moving average price of $263.08. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94.
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 of this dividend was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s payout ratio is 13.15%.
Wall Street Analyst Weigh In
AAPL has been the subject of several research reports. Royal Bank Of Canada set a $325.00 target price on shares of Apple in a research note on Monday, February 2nd. Moffett Nathanson boosted their price target on Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Wedbush reaffirmed an “outperform” rating and issued a $350.00 price target on shares of Apple in a report on Friday, March 27th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a research report on Wednesday, March 4th. Finally, Evercore reissued an “outperform” rating on shares of Apple in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $297.58.
Read Our Latest Report on Apple
Key Headlines Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple announced a $400M expansion to its U.S. manufacturing program through 2030, aimed at onshoring critical components and strengthening supply-chain resilience — a potential boost to margins and political goodwill. Apple Inc. (AAPL) expands US manufacturing program with $400M investment
- Positive Sentiment: Bank of America/BofA coverage kept a Buy rating and a $320 price target, citing accelerating services growth and on‑device AI upside — a supportive analyst note for the stock’s premium multiple. Apple: Accelerating Services Growth and On‑Device AI Upside Support Premium Valuation and Buy Rating
- Positive Sentiment: Coverage highlights a strategic pivot in Apple’s AI approach that could be constructive long term — the market is parsing whether the move accelerates monetization of on‑device AI and services revenue. Apple’s AI Strategy Is Pivoting. Here’s Why That Could Be Great News for the Stock.
- Neutral Sentiment: New trading products (prediction markets) are now offering contracts tied to Apple share prices via Pyth price feeds — more retail/derivative activity but no direct company impact. Polymarket expands into equities and commodities with Pyth price feeds
- Neutral Sentiment: 50th‑anniversary coverage and product rumors (e.g., iPhone design leaks, archive stories) are keeping investor sentiment alive but are background noise versus hard financial drivers. Apple’s 50-year journey from garage to tech titan
- Negative Sentiment: Reports that Amazon is in talks to acquire Globalstar (Apple’s satellite supplier for Emergency SOS/messaging) raise execution and competitive risks for Apple’s satellite features if supplier control shifts. That creates uncertainty around a small but strategic connectivity capability. Amazon Lines Up Deal to Rival SpaceX’s Starlink: Report. Why Apple Could Be a Problem.
- Negative Sentiment: Geopolitical headlines — Iran’s IRGC has named U.S. tech firms including Apple as potential targets — add short‑term operational and sentiment risk, which can weigh on shares in risk-off episodes. Iran threatens Nvidia, Apple and other tech giants with attack
- Negative Sentiment: Valuation and positioning worries persist: commentators flag AAPL’s premium P/E and the Magnificent Seven’s underperformance this year; large funds (e.g., a D.E. Shaw trim) have reduced exposure — pressure points for the stock during market rotations. Is Apple Stock Overvalued Or Undervalued? Apple Inc. (AAPL): D. E. Shaw Trims Holding
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in AAPL. Sellwood Investment Partners LLC boosted its stake in Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after buying an additional 71 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new position in Apple during the fourth quarter worth $41,000. ROSS JOHNSON & Associates LLC lifted its holdings in shares of Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares during the period. Timmons Wealth Management LLC bought a new position in shares of Apple during the fourth quarter valued at $69,000. Finally, LSV Asset Management acquired a new stake in shares of Apple in the 4th quarter valued at $65,000. Institutional investors and hedge funds own 67.73% of the company’s stock.
About Representative Alford
Mark Alford (Republican Party) is a member of the U.S. House, representing Missouri’s 4th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Alford (Republican Party) is running for re-election to the U.S. House to represent Missouri’s 4th Congressional District. He declared candidacy for the 2026 election.
Mark Alford graduated from Baytown Sterling High School in 1982. Alford’s career experience includes working as a team lead and realtor with ReeceNichols Real Estate and the team lead manager with VortexKC/Chartwell.
About Apple
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.
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