Apple (NASDAQ:AAPL) Stock Unloaded Rep. C. Scott Franklin

Representative C. Scott Franklin (Republican-Florida) recently sold shares of Apple Inc. (NASDAQ:AAPL). In a filing disclosed on September 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Apple stock on August 20th. The trade occurred in the Representative’s “FIDELITY ROTH IRA” account.

Representative C. Scott Franklin also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Novo Nordisk A/S (NYSE:NVO) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 8/20/2026.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 8/20/2026.

Apple Trading Down 0.3%

Shares of Apple stock traded down $0.87 on Friday, reaching $336.13. 86,410,351 shares of the company’s stock were exchanged, compared to its average volume of 39,153,852. The firm’s 50-day moving average is $320.24 and its two-hundred day moving average is $294.69. The company has a market capitalization of $4.91 trillion, a P/E ratio of 38.55, a price-to-earnings-growth ratio of 2.93 and a beta of 1.08. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. Apple Inc. has a 52 week low of $240.21 and a 52 week high of $344.57.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the prior year, the firm earned $1.57 earnings per share. Apple’s revenue was up 16.4% on a year-over-year basis. Sell-side analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

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

Insider Activity at Apple

In related news, SVP Jennifer Newstead sold 1,438 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $330.19, for a total value of $474,813.22. Following the transaction, the senior vice president owned 32,914 shares in the company, valued at approximately $10,867,873.66. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 8,632 shares of company stock valued at $2,719,955. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AAPL shares. Robert W. Baird increased their price objective on shares of Apple from $310.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. TD Cowen reaffirmed a “buy” rating and issued a $400.00 target price on shares of Apple in a research report on Thursday, September 10th. Wedbush reiterated an “outperform” rating and issued a $400.00 price target on shares of Apple in a report on Friday, June 5th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Apple in a research note on Sunday, September 13th. Finally, Phillip Securities boosted their price objective on Apple from $290.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and a consensus target price of $340.14.

Institutional Trading of Apple

Several institutional investors have recently made changes to their positions in AAPL. Avenir Tech Ltd bought a new stake in shares of Apple during the 2nd quarter worth $29,000. Longfellow Investment Management Co. LLC bought a new stake in Apple in the second quarter worth about $30,000. Lifetime Wealth Management P.C. bought a new stake in Apple in the fourth quarter worth about $41,000. ABS Investment Management LLC purchased a new position in Apple in the second quarter valued at about $376,168,000. Finally, Basso Capital Management L.P. bought a new position in shares of Apple during the 4th quarter valued at approximately $88,000. Institutional investors own 67.73% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Evercore ISI raised its Apple price target to $380 from $365 and maintained an outperform view. A survey of roughly 4,000 consumers indicated a potentially stronger-than-expected iPhone upgrade cycle and a higher average selling price. iPhone 18 Pro Hits Stores Today
• Positive Sentiment: iPhone 18 Pro sales are supported by carrier trade-in promotions. Bank of America said incentives can offset the $100 price increase, reducing the risk that higher prices will weaken demand. Apple’s iPhone 18 Lineup Keeps Bank of America Bullish
• Positive Sentiment: Apple’s ecosystem is gaining additional reach. General Motors plans to restore Apple CarPlay after consumer backlash, while Apple is reportedly preparing an Apple Pay launch in India with Axis Bank. These developments could support services engagement and ecosystem adoption. GM Is Re-downloading Apple CarPlay
• Neutral Sentiment: Initial iPhone 18 Pro demand indicators are mixed. Quick-commerce shortages in India suggest strong localized demand, but UBS cited muted wait times in several major markets. Investors are also assessing whether customers may delay purchases for Apple’s roughly $1,999 foldable iPhone Duo. Apple iPhone 18 Seeing Muted Initial Wait Times
• Negative Sentiment: Risks include premium pricing, valuation and regulatory pressure. Analysts warn that expensive devices could limit adoption in price-sensitive markets such as India. More than 1,600 Italian Apple store employees also struck on launch day, while Apple continues to challenge a potential UK encryption backdoor order and faces European legal scrutiny. Italian Apple Store Employees Strike

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida’s 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida’s 18th Congressional District. He declared candidacy for the 2026 election.

Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012.

Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin’s career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

About Apple

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company’s ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.