Apple (NASDAQ:AAPL) SVP Jennifer Newstead Sells 2,399 Shares of Stock

Posted by Michael Walen on Nov 6th, 2026

Apple Inc. (NASDAQ:AAPL – Get Free Report) SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $325.75, for a total value of $781,474.25. Following the transaction, the senior vice president directly owned 29,997 shares in the company, valued at approximately $9,771,522.75. This represents a 7.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Jennifer Newstead also recently made the following trade(s):

On Tuesday, October 27th, Jennifer Newstead sold 2,399 shares of Apple stock. The shares were sold at an average price of $343.36, for a total value of $823,720.64.
On Tuesday, October 20th, Jennifer Newstead sold 2,399 shares of Apple stock. The shares were sold at an average price of $339.62, for a total value of $814,748.38.
On Tuesday, October 13th, Jennifer Newstead sold 2,399 shares of Apple stock. The shares were sold at an average price of $345.00, for a total value of $827,655.00.
On Tuesday, October 6th, Jennifer Newstead sold 2,399 shares of Apple stock. The stock was sold at an average price of $332.01, for a total value of $796,491.99.
On Tuesday, September 29th, Jennifer Newstead sold 2,399 shares of Apple stock. The stock was sold at an average price of $336.18, for a total value of $806,495.82.
On Tuesday, September 22nd, Jennifer Newstead sold 2,399 shares of Apple stock. The stock was sold at an average price of $340.06, for a total transaction of $815,803.94.
On Tuesday, September 15th, Jennifer Newstead sold 1,438 shares of Apple stock. The stock was sold at an average price of $330.19, for a total transaction of $474,813.22.
On Tuesday, September 8th, Jennifer Newstead sold 1,438 shares of Apple stock. The shares were sold at an average price of $317.23, for a total transaction of $456,176.74.
On Tuesday, September 1st, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $317.01, for a total transaction of $456,177.39.
On Tuesday, August 25th, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $310.95, for a total transaction of $447,457.05.

Apple Trading Down 1.5%

Apple stock opened at $344.17 on Friday. The firm’s 50-day moving average is $335.46 and its 200-day moving average is $298.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.93 and a current ratio of 1.02. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $355.38. The company has a market cap of $5.02 trillion, a P/E ratio of 38.37, a PEG ratio of 3.30 and a beta of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, beating the consensus estimate of $1.99 by $0.11. Apple had a net margin of 27.60% and a return on equity of 125.35%. The business had revenue of $114.48 billion during the quarter, compared to analyst estimates of $113.40 billion. During the same period in the previous year, the business posted $1.85 EPS. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, equities analysts expect that Apple Inc. will post 9.64 earnings per share for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Thursday, November 12th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, November 12th. Apple’s payout ratio is presently 12.04%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AAPL. Prospect Hill Management LLC bought a new stake in shares of Apple in the 2nd quarter valued at about $146,370,000. Focus Partners Advisor Solutions LLC bought a new position in shares of Apple during the 2nd quarter worth approximately $168,646,000. Wealthfront Advisers LLC bought a new position in shares of Apple during the 2nd quarter worth approximately $482,388,000. Satovsky Asset Management LLC bought a new position in shares of Apple during the 2nd quarter worth approximately $16,064,000. Finally, Gouws Capital LLC lifted its position in Apple by 136.9% during the third quarter. Gouws Capital LLC now owns 37,504 shares of the iPhone maker’s stock valued at $12,490,000 after acquiring an additional 21,676 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple beat fiscal fourth-quarter earnings and revenue expectations, with revenue of $114.5 billion and solid iPhone and Mac demand. The results support the view that product demand remains healthy. Apple shares fell despite a double beat in Q4
Positive Sentiment: Bernstein raised its price target to $380 and kept a Buy rating, citing potential upside from Apple’s business prospects. Bernstein rating and price target
Neutral Sentiment: Apple is reportedly seeking up to $7 billion through a bond offering. The borrowing adds financing flexibility, but the reports did not specify how proceeds would be used. Apple seeks about $7 billion from bond sale
Negative Sentiment: Management flagged memory-chip costs that could keep rising, along with supply constraints ahead of the December quarter. These pressures may weigh on margins even as demand remains strong. Supply constraints and rising memory costs
Negative Sentiment: Investors are also scrutinizing earnings quality: tariff refunds boosted reported profit metrics, making the underlying results less straightforward to assess. Investors revisit Apple earnings quality
Negative Sentiment: Analyst caution and valuation concerns add to the headwinds. DZ Bank cut Apple to Sell, while coverage also points to slower Services growth and a premium share valuation. DZ Bank downgrades Apple

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Melius Research set a $370.00 target price on Apple in a report on Tuesday. Yorkville Ives started coverage on Apple in a report on Tuesday, October 6th. They issued an “outperform” rating and a $400.00 price target on the stock. Morgan Stanley set a $350.00 price objective on Apple and gave the company an “overweight” rating in a research report on Tuesday. Wells Fargo & Company restated an “overweight” rating and set a $350.00 price objective (up from $310.00) on shares of Apple in a research report on Friday, July 31st. Finally, DZ Bank downgraded Apple from a “hold” rating to a “sell” rating and set a $300.00 price objective for the company. in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $343.74.

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About Apple

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Apple Inc designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS.

The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world.

Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.