Rep. Matthew Robert Van Epps Sells Off Shares of Apple Inc. (NASDAQ:AAPL)

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
  • Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

Apple Stock Performance

Shares of NASDAQ AAPL traded down $16.30 during trading on Thursday, hitting $276.77. The company had a trading volume of 56,629,371 shares, compared to its average volume of 48,097,855. Apple Inc. has a 12 month low of $199.26 and a 12 month high of $317.40. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The firm has a market capitalization of $4.07 trillion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 2.56 and a beta of 1.09. The stock has a 50 day simple moving average of $291.83 and a 200 day simple moving average of $273.15.

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

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is an increase from Apple’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is 13.06%.

Insider Buying and Selling at Apple

In related news, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction that occurred 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 in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Deirdre O’brien sold 30,002 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the sale, the senior vice president owned 136,810 shares in the company, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 97,875 shares of company stock worth $24,998,541. 0.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Isthmus Partners LLC lifted its stake in Apple by 6.4% in the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after purchasing an additional 5,808 shares in the last quarter. Sellwood Investment Partners LLC lifted its stake in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after purchasing an additional 71 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new position in Apple during the 4th quarter worth about $41,000. ROSS JOHNSON & Associates LLC grew its position in Apple by 1,800.0% in the 1st 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 in the last quarter. Finally, LSV Asset Management purchased a new stake in Apple during the fourth quarter worth about $65,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AAPL shares. Oppenheimer reiterated a “market perform” rating on shares of Apple in a research note on Tuesday, June 9th. KeyCorp reissued a “sector weight” rating on shares of Apple in a report on Tuesday, June 9th. Moffett Nathanson lifted their price objective on shares of Apple from $241.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Tigress Financial reissued a “strong-buy” rating and set a $375.00 price objective (up from $305.00) on shares of Apple in a research note on Thursday, May 14th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Apple in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $314.85.

Read Our Latest Stock Report on AAPL

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

  • Negative Sentiment: Apple raised prices on several MacBook and iPad models by roughly $100 to $300, signaling that component inflation is hitting the product lineup and could pressure demand. Reuters article
  • Negative Sentiment: Analysts warned the price increases could create “demand friction” for Macs and iPads if consumers resist the higher prices, which may weigh on near-term unit sales. Seeking Alpha article
  • Negative Sentiment: The stock also fell as traders reacted to the broader message that AI-related memory shortages are intensifying cost pressure across Apple’s hardware business, not just in one product line. CNBC article
  • Neutral Sentiment: Apple’s latest earnings were strong, with revenue and EPS beating estimates, so the selloff appears tied more to future margin concerns than to weakening current results.
  • Neutral Sentiment: Some Wall Street commentary suggests the price increases may help offset higher memory costs, but investors are still waiting to see whether Apple can preserve growth without hurting demand.

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

About Apple

(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.

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