“Apple (AAPL) Director Arthur D. Levinson sold 70,000 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $94.49, for a total transaction of $6,614,300,” Ethan Ryder reports for Ticker Report. “Following the transaction, the director now directly owns 1,138,886 shares of the company’s stock, valued at approximately $107,613,338.”
“Apple opened at 97.39 on Thursday. Apple has a one year low of $63.8886 and a one year high of $99.44. The stock’s 50-day moving average is $95.14 and its 200-day moving average is $84.32. The company has a market cap of $583.2 billion and a P/E ratio of 15.68,” Ryder reports. “The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Monday, August 11th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, August 7th.”
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MacDailyNews Take: There’s a nice little haul.