Apple (AAPL) SVP Newstead Jennifer Sells $828K of Stock
Jennifer Newstead, Apple Inc.'s General Counsel, sold 2,399 shares for $827,655 in a planned transaction.
Reviewed by automated data checks against the source filing. How we make and check alerts
Newstead Jennifer, SVP, GC and Government Affairs at Apple Inc. ($AAPL), sold 2,399 shares at an average price of $345, worth about $827,655, on October 13, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $AAPL is up 0.6% to date (from the $341.27 close on Oct 13, 2026).
AAPL
Apple Inc.
Key Points
- On October 13, 2026, Jennifer Newstead sold 2,399 shares of Apple Inc. at a price of $345 each, totaling approximately $827,655.
- As of October 16, 2026, Apple shares are trading around $341.62, which is above its 50-day moving average by about 5.1%.
- The next earnings report for Apple Inc. is scheduled for November 2, 2026, following a strong revenue growth of 16.4% year-over-year.
Get $AAPL trade alerts by text
We text you when insiders, Congress or big funds trade $AAPL. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Apple Inc. alert may contain errors. Disclosures
Jennifer Newstead, the General Counsel of Apple Inc. (AAPL), sold 2,399 shares on October 13, 2026, for approximately $827,655. This sale was part of a planned transaction, reflecting her role as a senior executive at the company.
Inside Newstead's Trade
Newstead sold her shares at a price of $345 each. This transaction adds to her previous trades in Apple, where she sold 2,399 shares at a value of $796,492 on October 6, 2026. Her recent selling activity highlights a pattern of insider transactions amid ongoing market movements.
Other Institutional Activity in Apple Inc.
Several other institutional investors have also adjusted their positions in Apple recently. Blackrock Inc. grew its holdings by 18,314,912 shares, ending with 1,162,996,939 shares worth about $399.4 billion. Vanguard Capital Management LLC added 5,246,239 shares, bringing its total to 959,107,911 shares valued at approximately $329.4 billion. State Street Corporation increased its stake by 12,770,030 shares, totaling 615,129,929 shares valued at around $211.3 billion.
Apple Inc. Stock Down 0.4%
As of October 16, 2026, Apple shares recently traded around $341.62. This price is above its 50-day moving average by about 5.1% and its 200-day average by about 16.9%. However, the stock is still below its 52-week high of $348.15 by approximately 1.9%. This positioning could indicate a strong performance trend, but it remains to be seen how it will respond in the upcoming earnings report.
Recent Earnings
Apple Inc. reported trailing twelve-month revenue of approximately $466.8 billion, with an earnings per share (EPS) of $8.72. The company has shown robust growth, reflected in its 16.4% year-over-year revenue increase. The next earnings report is scheduled for November 2, 2026, where investors will look for continued positive performance.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
10 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 1.1%. Revenue missed estimates by 0.6%.
-
Profit surprise
EBITDA beat by 2 percent. Operating income beat by 3 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
10 target raises.
-
Earnings quality
Gross margin up 2.2 points. Operating margin up 1.2 points. Positive free cash flow.
Earnings Call Summary
Apple delivered its best-ever quarter with 143.8 billion dollars in revenue, up 16 percent. iPhone surged 23 percent to 85.3 billion dollars driven by strong customer demand for the iPhone 17 lineup and record upgraders in China and India. Services hit an all-time record of 30 billion dollars, up 14 percent, while the installed base reached 2.5 billion active devices. Management highlighted Apple Intelligence features resonating with users and expanded retail presence in India as growth drivers.
Guidance Apple expects March quarter revenue to grow 13 percent to 16 percent year over year, with services growing at a similar rate to December. Gross margin should land between 48 percent to 49 percent. The company faces iPhone supply constraints from advanced chip demand but remains confident in the business outlook.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Apple Inc.
In addition to Newstead's recent sale, other insiders have also traded shares recently. On October 2, 2026, Deirdre O'Brien, an officer, sold 46,389 shares valued at around $15.5 million. CEO John Ternus sold 25,412 shares worth approximately $8.5 million, while Timothy D. Cook, an officer and director, sold 191,753 shares valued at about $63.8 million. These transactions occurred prior to Newstead's sale, indicating a trend of insider selling in the company.
Analysts Set New Price Targets
On October 12, 2026, JP Morgan maintained an Overweight rating on Apple with a price target of $360. Prior to that, Morgan Stanley reiterated an Overweight rating with a target of $355 on October 1, 2026. The consensus among analysts suggests a strong outlook, with a mean price target of around $329.38 and a recommendation to buy.
About Apple Inc.
Apple Inc. designs and manufactures consumer electronics, including smartphones, personal computers, and tablets. It is well-known for its iPhone, Mac, and iPad product lines, as well as wearables like the Apple Watch and AirPods. The company's strong market position and continuous innovation make it a significant player in the technology sector.
Bottom Line
Investors should keep an eye on Apple’s upcoming earnings report on November 2, 2026, for insights into the company's continued performance. Additionally, further insider trading activity may provide clues about executive confidence in the company's future.
Related Filing Alerts
Source: Newstead Jennifer's Form 4 filing on $AAPL (Oct 13, 2026). Find the original filing: AAPL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts