Rep. Kevin Hern Sells Shares of Apple Inc. (NASDAQ:AAPL)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on September 8th. The trade occurred in the Representative’s “KELBY AUSTIN HERN TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Apple Price Performance

Shares of NASDAQ:AAPL traded down $6.65 during trading on Tuesday, hitting $331.75. 17,959,360 shares of the company’s stock were exchanged, compared to its average volume of 49,185,871. The company has a market cap of $4.84 trillion, a price-to-earnings ratio of 38.04, a PEG ratio of 2.96 and a beta of 1.08. The business’s 50-day simple moving average is $321.79 and its 200 day simple moving average is $298.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $345.34.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 EPS. As a group, equities analysts predict that Apple Inc. will post 8.74 EPS for the current year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple’s dividend payout ratio is currently 12.39%.

Hedge Funds Weigh In On Apple

Hedge funds have recently made changes to their positions in the company. Berkshire Hathaway Inc purchased a new stake in shares of Apple in the second quarter worth about $65,950,297,000. Bank of America Corp DE acquired a new stake in shares of Apple during the 2nd quarter worth approximately $36,986,090,000. Legal & General Group Plc purchased a new stake in Apple during the second quarter worth $30,443,242,000. Deutsche Bank AG purchased a new stake in shares of Apple during the 2nd quarter worth about $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Apple during the 2nd quarter valued at approximately $10,588,946,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AAPL has been the topic of several research reports. Daiwa Securities Group raised their price objective on Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a report on Friday. TD Cowen reissued a “buy” rating and set a $400.00 price target on shares of Apple in a research report on Thursday, September 10th. KGI Securities downgraded shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 price objective on the stock. in a research report on Monday, June 22nd. Finally, Weiss Ratings cut shares of Apple from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have given a Hold rating and two 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 target price of $340.14.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: CEO John Ternus is reportedly considering a major organizational overhaul to make Apple more engineering-focused, reduce management layers and introduce products more frequently instead of relying mainly on its traditional spring and fall launch schedule. Faster development could help Apple respond to competitive pressure in artificial intelligence and emerging device categories. Reuters report on Apple’s planned overhaul
• Positive Sentiment: Apple remains one of the few Magnificent Seven companies with substantial shareholder returns through buybacks, supporting per-share earnings and signaling balance-sheet strength. Its reported foldable iPhone launch and expanding device ecosystem could also provide longer-term revenue growth if premium products gain broader adoption. Barron’s analysis of Apple buybacks
• Positive Sentiment: Strong demand for TSMC’s advanced 2-nanometer chips, reportedly including orders from Apple, could support future iPhone and Mac performance and help Apple maintain a leading position in premium hardware. TSMC 2-nanometer capacity report

Insiders Place Their Bets

In other news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total value of $815,803.94. Following the sale, the senior vice president owned 44,391 shares in the company, valued at $15,095,603.46. This trade represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 11,031 shares of company stock worth $3,535,759 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Apple

Apple Inc is a technology company that designs, develops and markets 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 software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.