Apple (NASDAQ:AAPL) SVP Jennifer Newstead Sells 1,439 Shares

August 21, 2026 by InsiderTrades.com

Key Points

Apple SVP Jennifer Newstead sold 1,439 shares at an average price of $307.49, generating approximately $442,478; her remaining stake totaled 38,668 shares.
Apple reported quarterly EPS of $2.02 and revenue of $109.42 billion, surpassing analyst expectations, while revenue increased 16.4% year over year.
AAPL carries a “Moderate Buy” consensus rating with an average price target of $330.53; the company also maintains a quarterly dividend of $0.27 per share.

Apple Inc. (NASDAQ:AAPL - Get Free Report) SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $307.49, for a total value of $442,478.11. Following the completion of the transaction, the senior vice president owned 38,668 shares of the company's stock, valued at approximately $11,890,023.32. This represents a 3.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

On Tuesday, August 11th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $307.75, for a total transaction of $442,852.25.

Apple Stock Down 1.7%

AAPL stock opened at $311.30 on Friday. Apple Inc. has a 52 week low of $223.78 and a 52 week high of $344.57. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The firm has a 50-day simple moving average of $310.26 and a 200-day simple moving average of $286.89. The stock has a market capitalization of $4.54 trillion, a P/E ratio of 35.70, a P/E/G ratio of 2.71 and a beta of 1.09.

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Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the previous year, the firm posted $1.57 EPS. Apple's revenue was up 16.4% compared to the same quarter last year. Equities analysts forecast that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple's payout ratio is currently 12.39%.

Analyst Upgrades and Downgrades

MarketBeat Week in Review – 08/10 - 08/14

A number of brokerages have weighed in on AAPL. Piper Sandler began coverage on Apple in a report on Monday. They issued an "overweight" rating on the stock. Weiss Ratings upgraded shares of Apple from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 3rd. BTIG Research started coverage on shares of Apple in a research report on Monday. They set a "neutral" rating on the stock. Phillip Securities downgraded shares of Apple from a "hold" rating to a "moderate sell" rating in a report on Monday, August 3rd. Finally, Monness Crespi & Hardt raised their target price on shares of Apple from $315.00 to $335.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $330.53.

Get Our Latest Stock Report on AAPL

Apple News Roundup

Here are the key news stories impacting Apple this week:

Positive Sentiment: Investors are increasingly focused on the potential for a new AI and research-and-development spending strategy when John Ternus replaces Tim Cook as CEO on September 1. Analysts believe greater investment could help Apple accelerate Siri and other AI products. Apple Stock Could Get a New R&D and AI Tech Budget
Positive Sentiment: Potential catalysts include an AI-enhanced Siri later this year, camera-equipped AI AirPods targeted for 2027 and a foldable iPhone that one analyst expects could sell 14 million units by 2027. These products could create a meaningful upgrade cycle if execution meets expectations. Apple Wants to Pay Publishers to Fix Siri
Positive Sentiment: Apple’s lower dependence on data-center and AI infrastructure spending has made AAPL a defensive large-cap technology holding as bond yields and semiconductor shares face pressure. Bank of America reiterated its Buy rating, while Redburn upgraded the stock. Apple Must Relearn How to Surprise Under New CEO Ternus
Neutral Sentiment: The leadership transition is generating both opportunity and uncertainty. Analysts say Ternus must make larger product and technology bets because Apple has become predictable, though a successful refresh could improve investor sentiment. Apple Has Gotten Too Predictable
Negative Sentiment: A rating downgrade warned that Apple’s previous immunity to macroeconomic and competitive headwinds is fading, increasing scrutiny of its premium valuation and growth outlook. Apple’s Immunity to Headwinds Is Fading
Negative Sentiment: Reported App Store commission revenue declined 18% amid legal and regulatory challenges. This could pressure Apple’s high-margin Services business, even as overall Services revenue reaches records. Apple’s App Store Commission Revenue Reportedly Drops 18%
Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares under a Rule 10b5-1 plan. The transaction was relatively small and prearranged, but insider selling can add a modest negative signal. Apple Insider Transaction

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sterling Wealth Management Inc. increased its holdings in Apple by 0.3% in the 2nd quarter. Sterling Wealth Management Inc. now owns 11,579 shares of the iPhone maker's stock valued at $3,351,000 after purchasing an additional 30 shares in the last quarter. Evansbrook LLC lifted its stake in shares of Apple by 0.4% during the first quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker's stock worth $2,054,000 after purchasing an additional 34 shares in the last quarter. JMG Financial Group Ltd. boosted its position in shares of Apple by 0.7% in the first quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker's stock worth $1,295,000 after buying an additional 35 shares during the period. Reyes Financial Architecture Inc. boosted its position in shares of Apple by 0.4% in the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock worth $2,520,000 after buying an additional 37 shares during the period. Finally, Advocate Investing Services LLC grew its stake in shares of Apple by 0.5% in the second quarter. Advocate Investing Services LLC now owns 7,847 shares of the iPhone maker's stock valued at $2,271,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Company Profile

(Get Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.