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

Posted by Alphonse Anthony on Oct 30th, 2026

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 Price Performance

NASDAQ:AAPL opened at $348.91 on Friday. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $351.73. The stock has a fifty day moving average of $332.37 and a 200 day moving average of $295.96. 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 firm has a market capitalization of $5.09 trillion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 2.72 and a beta of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm 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 firm earned $1.57 EPS. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. On average, research analysts expect that Apple Inc. will post 8.75 EPS for the current fiscal year.

Insider Buying and Selling at Apple

In other Apple news, insider Timothy D. Cook sold 191,753 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total value of $63,846,078.88. Following the completion of the sale, the insider owned 3,264,168 shares of the company’s stock, valued at $1,086,837,377.28. This trade represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the sale, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This trade represents a 29.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 289,252 shares of company stock worth $96,301,063. 0.06% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Tucker Asset Management LLC increased its position in Apple by 5.1% during the 3rd quarter. Tucker Asset Management LLC now owns 19,537 shares of the iPhone maker’s stock worth $6,506,000 after purchasing an additional 942 shares in the last quarter. Bauman Advisory Group LLC lifted its position in Apple by 1.6% during the third quarter. Bauman Advisory Group LLC now owns 10,727 shares of the iPhone maker’s stock valued at $3,572,000 after buying an additional 168 shares in the last quarter. Garde Capital Inc. grew its stake in Apple by 3.7% during the third quarter. Garde Capital Inc. now owns 109,729 shares of the iPhone maker’s stock worth $36,542,000 after buying an additional 3,927 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its stake in Apple by 8.3% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 449,724 shares of the iPhone maker’s stock worth $149,767,000 after buying an additional 34,466 shares during the period. Finally, Elevate Wealth Advisory Inc. increased its position in shares of Apple by 258.8% in the third quarter. Elevate Wealth Advisory Inc. now owns 9,645 shares of the iPhone maker’s stock worth $3,212,000 after acquiring an additional 6,957 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Analysts remain optimistic ahead of earnings, citing strong demand for Apple’s new iPhone Duo, continued Services growth and potential AI-related momentum. Options activity also points to expectations for a post-earnings rally. Apple’s Q4 Earnings Loom
Positive Sentiment: Goldman Sachs reaffirmed its Buy rating, while Monness raised its price target to $355. Apple is also attracting attention as it approaches Nvidia in market capitalization, with revenue growth described as its fastest in about five years. Apple Stock Heads Toward All-Time High
Positive Sentiment: Apple launched its first touchscreen MacBook Pro, featuring OLED displays and M5 Pro and M5 Max chips. The move expands the Mac product cycle and could support higher average selling prices, despite the premium starting price. Apple Shows First Touchscreen Laptops
Neutral Sentiment: Forty-seven exchange-traded funds added to their Apple holdings, indicating continued institutional demand, although the purchases do not necessarily signal near-term changes in fundamentals. 47 ETFs Add to Apple Holdings
Negative Sentiment: Investors face margin and valuation concerns. AI-driven flash-memory demand has sharply increased component costs, while Apple’s roughly 40-times earnings multiple leaves limited room for disappointing guidance. AI Has Made Flash Memory More Expensive
Negative Sentiment: South Korea fined Apple and Google a combined $47.6 million over alleged unfair app-payment practices. Early reports of cracked iPhone Duo screens and an executive stock sale add smaller sources of investor caution. South Korea Fines Google and Apple

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Daiwa Securities Group lifted their price target on shares of Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Monness Crespi & Hardt restated a “buy” rating and issued a $355.00 target price on shares of Apple in a research note on Wednesday. HSBC reaffirmed a “buy” rating on shares of Apple in a research note on Tuesday. The Goldman Sachs Group started coverage on shares of Apple in a research report on Monday, August 17th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. raised their target price on shares of Apple from $340.00 to $360.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Apple presently has a consensus rating of “Moderate Buy” and a consensus target price of $340.59.

Check Out Our Latest Stock Analysis on AAPL

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.

About Apple

(Get Free Report)

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.