Apple board member cashes in on shares worth $2.6M

in General Discussion edited January 2014
Apple board member, Arthur D. Levinson, cashed in on over $2.6 million in Apple common stock, according to calculations by AppleInsider from ownership statements filed with the U.S. Securities and Exchange Commission. Levinson, who is also Chairman and CEO of Genentech, sold a combined 30,000 shares on Feb. 16. He sold the stock between $88.14 and $88.32 a share, reaping a total of $2,646,683. Levinson joined the Apple board in Aug. 2000. He also serves on the boards of Google Inc., and the Technology Network.


  • Reply 1 of 4
    slugheadslughead Posts: 1,169member
    he obviously thinks it's peaked
  • Reply 2 of 4
    kickahakickaha Posts: 8,760member
    Corporate executives (and especially board members) have to file for these things weeks or months in advance. His timing is just exceptionally good.

    Don't read too much into it that isn't there.
  • Reply 3 of 4
    progmacprogmac Posts: 1,850member
    god, who else is kicking themselves for not buying when it was at $20 a share? won't buy now, of course, because i'm scared to buy anything that is popular. sort of like my fear of real estate.
  • Reply 4 of 4
    this kinda reminds me of that scene in forrest gump where leiutenant dan buys some shares in "a fruit company"!
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