“On Monday, Disney CEO Bob Iger bought $1 million worth of Apple shares, an SEC filing revealed. He’s on Apple’s board of directors,” Owen Thomas reports for Business Insider.

“That’s really interesting, because Iger exercised a million options on Disney stock last week, netting $17.9 million,” Thomas reports. “When an insider, like a board member, buys stock on the open market, it’s usually considered a bullish sign.”

Thomas reports, “Iger also bought $1 million worth of shares a year ago at prices around $375 a share, shortly after joining Apple’s board.”

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Anthony Palazzo reports for Bloomberg, “The executive, who joined Disney with the mid-1990s acquisition of Capital Cities/ABC, became CEO in 2005 and added the chairman post in March. He steps down as CEO in March 2015 and will remain as executive chairman through June 2016. ‘He’s just diversifying his investments and still has a very large portfolio of Disney stock,’ Zenia Mucha, a spokeswoman for the Burbank, California-based company, said by telephone.”

Read more in the full article here.

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Disney CEO Iger: Apple iPad a ‘game changer’ – February 9, 2010