Apple SVP Newstead sells $827,655 in shares
Apple SVP Jennifer Newstead sold 2,399 shares of Apple Inc. (AAPL) common stock for a total of $827,655 on October 13, 2026, in accordance with a pre-approved Rule 10b5-1 trading plan. The transaction occurred as Apple's stock traded near its 52-week high of $348.15, with shares up 38% over the past year. Ms. Newstead now directly holds 37,194 shares of Apple common stock.
Analysts have mixed views on Apple's valuation, with some rating the company as Underweight or Outperform, while others caution about potential disappointments in future guidance. Meanwhile, Apple announced a product launch event titled "Welcome Home" to take place on October 13, 2026, in New York City.
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