Sen. Sheldon Whitehouse Sells Apple Inc. (NASDAQ:AAPL) Shares

Posted by Ethan Ryder on Jul 16th, 2026

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on July 08th, the Senator disclosed that they had sold between $15,001 and $50,000 in Apple stock on June 24th.

Senator Sheldon Whitehouse also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/30/2026.
Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 6/25/2026.
Purchased $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 6/25/2026.
Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
Sold $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 5/8/2026.
Sold $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 5/7/2026.
Sold $15,001 – $50,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 4/13/2026.

Apple Stock Performance

Apple stock traded up $2.70 on Thursday, reaching $330.20. 13,783,618 shares of the stock were exchanged, compared to its average volume of 50,121,035. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. Apple Inc. has a twelve month low of $201.50 and a twelve month high of $331.41. The firm has a fifty day moving average price of $301.89 and a two-hundred day moving average price of $276.27. The stock has a market cap of $4.85 trillion, a PE ratio of 39.95, a PEG ratio of 2.74 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the previous year, the company posted $1.65 earnings per share. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. Sell-side analysts anticipate that Apple Inc. will post 8.74 EPS for the current year.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is presently 13.06%.

Key Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: China approved Apple Intelligence for use on iPhones, a major hurdle that had delayed Apple’s AI expansion in its largest international market. The move also helped lift sentiment around Apple’s ecosystem and AI monetization potential. Apple Intelligence AI service registered with China’s cyberspace regulator
Positive Sentiment: Apple’s China AI rollout will reportedly rely on Alibaba’s and Baidu’s models, reinforcing confidence that Apple can localize AI features without building everything in-house. Investors viewed the news as supportive for Apple’s services growth and upgrade cycle. Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Positive Sentiment: Reports that Apple is exploring acquisitions of AI chip startups suggest it is trying to close the gap in AI hardware and server capabilities, which could strengthen its long-term competitive position. Apple chasing AI chip company deals, The Information reports
Neutral Sentiment: Apple is also benefiting from broader “Magnificent Seven” leadership as investors rotate into big tech, with Apple hitting record levels and outperforming a weak semiconductor trade. The $3.2 Trillion Market Rotation: Why Big Tech Thrives as Semiconductors Tumble
Negative Sentiment: KeyBanc cut Apple to Underweight, warning that slowing hardware demand, weaker services growth, and valuation pressure could limit upside from here. That downgrade is a reminder that expectations are already elevated. Apple Rises 20% in 3 Months: Buy, Sell or Hold the Stock?

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. KeyCorp cut shares of Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 target price for the company. in a research note on Tuesday. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a research report on Monday, June 8th. Barclays restated an “underweight” rating on shares of Apple in a research note on Tuesday, June 9th. Evercore reiterated an “outperform” rating on shares of Apple in a research report on Wednesday, July 8th. Finally, Bank of America reissued a “buy” rating and set a $380.00 price objective on shares of Apple in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $314.26.

Read Our Latest Analysis on Apple

Insider Activity at Apple

In related news, insider Ben Borders sold 116 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the transaction, the chief financial officer owned 13,366 shares of the company’s stock, valued at approximately $3,675,650. The trade was a 10.30% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,924 shares of company stock valued at $825,546. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Processus Wealth & Capital Management LLC lifted its holdings in shares of Apple by 0.6% during the second quarter. Processus Wealth & Capital Management LLC now owns 40,215 shares of the iPhone maker’s stock valued at $11,637,000 after acquiring an additional 228 shares during the period. Lee Kelleher & Klein Wealth Management lifted its holdings in Apple by 7.3% during the 2nd quarter. Lee Kelleher & Klein Wealth Management now owns 1,638 shares of the iPhone maker’s stock valued at $474,000 after purchasing an additional 112 shares during the last quarter. Regent Peak Wealth Advisors LLC lifted its holdings in Apple by 0.3% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 108,166 shares of the iPhone maker’s stock valued at $31,299,000 after purchasing an additional 308 shares during the last quarter. GoalFusion Wealth Management LLC boosted its position in Apple by 43.1% in the second quarter. GoalFusion Wealth Management LLC now owns 6,014 shares of the iPhone maker’s stock valued at $1,740,000 after buying an additional 1,811 shares in the last quarter. Finally, Buska Wealth Management LLC grew its stake in Apple by 17.0% during the second quarter. Buska Wealth Management LLC now owns 1,959 shares of the iPhone maker’s stock worth $567,000 after buying an additional 284 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.

Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

Apple Company Profile

(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.