Apple (AAPL) Svp, CFO Kevan Parekh Sells $480K of Stock

By TradeTexts Research Desk Oct 19, 2026, 7:02 PM EDT

Key Points

Apple Inc. CFO Kevan Parekh sold 1,392 shares of AAPL stock at $345.05 per share on October 16, 2026, under a planned trading program.
After the trade, Kevan Parekh holds 17,539 $AAPL shares, down 7.35% from before the trade.
Shares recently traded around $342.97, sitting 40.9% above their 52-week low and close to recent highs.
Institutional funds and analysts maintain active positions as the company heads toward its next earnings report on November 2, 2026.

Since the trade, $AAPL is up 0.0% to date (from the $343.46 close on Oct 16, 2026).

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Apple Inc. (NasdaqGS: AAPL) Senior Vice President and Chief Financial Officer Kevan Parekh sold 1,392 shares of the company's stock on October 16, 2026. The transaction was revealed in a Form 4 filing with the Securities and Exchange Commission.

AAPL Apple Inc.

$343.48 +27.09% year to date

Daily close · Oct 19, 2026

Inside Kevan Parekh's AAPL Trade

Parekh executed the sale at an average price of $345.05 per share, total value reaching about $480,315.31. The trade was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan. Following the transaction, the Chief Financial Officer directly holds 17,539 shares of Apple stock, marking a 7.35% decrease in his personal holdings. On the day of the trade, Apple shares closed at $343.46.

Other Institutional Activity in Apple Inc.

Montrusco Bolton Investments reduced its holdings by 29,206 shares, ending with 426,645 shares worth about $142,081,318. First Citizens Bank & Trust grew its holdings by 76,752 shares, ending with 738,247 shares worth about $245,851,015. Annex Advisory Services increased its investment by 91,508 shares, ending with 545,415 shares worth about $181,634,243. ASR Vermogensbeheer N.V. grew its stake by 83,048 shares, ending with 2,216,034 shares worth about $737,985,701. Concurrent Investment Advisors expanded its investment by 270,750 shares, ending with 1,404,218 shares worth about $462,320,335.

Apple Inc. Stock Holds Steady

Apple shares recently traded around $342.97 as of October 19, 2026, down about 0.1% from the event close. The stock trades about 5.5% above its 50-day moving average of $325.08 and roughly 17.4% above its 200-day moving average of $292.11. The recent price sits 1.5% below the 52-week high of $348.15 and 40.9% above the 52-week low of $243.42. The tech giant carries a market capitalization of roughly $4.99 trillion.

Recent Earnings

Apple generated $466.82 billion in trailing-twelve-month revenue with an earnings per share of $8.72. The company reported a net profit margin of 27.6% and a return on equity of 148.8%. Its next earnings report is scheduled for November 2, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B- 72/100

Reported Apr 30, 2026

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.

Dividend

Apple pays an annualized dividend yielding 0.32% with a payout ratio of 12.0%.

Insider Buying and Selling at Apple Inc.

Several other corporate insiders executed transactions prior to October. Officer Deirdre O'Brien sold 46,389 shares worth about $15.47 million on October 2. Chief Executive Officer John Ternus sold 25,412 shares valued at roughly $8.46 million on the same day. Officer and Director Timothy D. Cook sold 191,753 shares for about $63.85 million on October 2. General Counsel Jennifer Newstead sold 2,399 shares at $332.01 apiece for a total of $796,492 on October 6.

Analysts Set New Price Targets

B of A Securities reiterated a buy rating with a $370.00 target on September 23. Morgan Stanley reiterated an overweight rating at a $360.00 target on September 29, then maintained the overweight rating while lowering its target from $360.00 to $355.00 on October 1. Needham reiterated a hold rating on October 1. JP Morgan maintained an overweight rating and raised its price target from $340.00 to $360.00 on October 12. Across Wall Street, analysts hold a consensus buy recommendation with 39 analyst opinions and a mean price target of $329.38.

About Apple Inc.

Apple designs, manufactures, and markets mobile communication devices, media devices, personal computers, and portable digital music players. The company sells a wide range of related software, services, accessories, and networking solutions globally, anchored by popular hardware lines like the iPhone, Mac, iPad, and wearables such as Apple Watch and AirPods.

Bottom Line

Investors are keeping a close watch on Apple ahead of its upcoming earnings release scheduled for November 2, 2026. Regulatory filings and insider transaction disclosures continue to track executive ownership trends as the stock trades near its 52-week highs.