McGuire Trades Apple for NVIDIA in Latest Congressional Disclosure
US Congressman John J. McGuire III has made two significant trades in his Merrill Lynch SEP IRA account, according to the latest congressional trade report.
The first transaction involved Apple Inc. (AAPL), where McGuire partially sold his holdings in the tech giant's common stock on August 18, 2026. The value of the sale fell between $1,001 and $15,000. At the time of the trade, Apple was trading at $328.56, near its 52-week high of $344.57.
InvestingPro analysis indicates that Apple stock is overvalued relative to its Fair Value, with 13 analysts revising their earnings downwards for the upcoming period.
The second transaction was a purchase of common stock from NVIDIA Corporation (NVDA), also on August 18, 2026. The investment had a similar value range of $1,001 to $15,000.