Tripple monster trading alert for Apple stock
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Apple (NASDAQ: AAPL) has seen triple insider trading activity during a challenging period for its stock, hit by the tariff-driven market sell-offs. The trade involving the technology giant’s top executives netted approximately $40 million. These insider trades, disclosed in SEC filings, were executed under pre-arranged Rule 10b5-1 plans designed to prevent insider trading allegations. At the top of the list, Apple CEO Tim Cook sold roughly $24.18 million worth of stock on April 2, 2025, at prices between $221.77 and $224.76 per share. A day earlier, he received 218,568 shares through the vesting of restricted stock units (RSUs). Following the transactions, Cook directly holds 3,280,295 shares in the company. COO Jeff Williams also sold part of his stake on April 2, offloading 35,493 shares for around $7.95 million at prices between $223.48 and $225.03. On April 1, he liquidated an additional 39,042 shares at $223.19 per share to cover taxes from RSU vesting, generating approximately $8.71 million. Lastly, General Counsel and Secretary Katherine Adams reported similar activity. On April 1, she acquired 74,535 shares through RSU vesting and sold 35,713 shares, worth about $7.97 million, for tax obligations. On April 2, she sold another 38,822 shares in open market trades, bringing in roughly $8.68 million at prices between $221.68 and $224.62. Apple’s latest insider trading data. Source: BarChart Apple stock struggles These sales emerged just hours before Apple stock experienced one of its worst sell-offs, aligning with the broader market trend. At the close of the last trading session, AAPL was valued at $188.38, dropping over 7% for the day. On the weekly chart, the stock plunged 13%. AAPL one-day stock price chart. Source: Finbold Apple is among the companies that have suffered a massive hit from the tariffs. The firm lost over $315 billion in market cap within a…
Filed under: News - @ April 5, 2025 3:29 pm