Adaptimmune stock plunges after announcing Nasdaq delisting plans
Apple NASDAQ:AAPL Senior Vice President and CFO Kevan Parekh sold a total of 4,199 shares of Apple Inc. common stock on October 16, 2025, for approximately $1,038,787. The sales were executed in multiple transactions with prices ranging from $245.89 to $248.73. The stock, currently trading at $252.27, has shown strong momentum, sitting near its 52-week high of $260.10. According to InvestingPro analysis, Apple appears to be trading above its Fair Value.
Parekh also disposed of 8,062 shares of common stock on October 15, 2025, to satisfy tax withholding requirements on vesting of restricted stock units for a total value of $2,010,179, at a price of $249.34. On the same day, Parekh exercised options to acquire 16,457 shares of Apple common stock through the settlement of restricted stock units. The transactions occurred as Apple maintains its position as one of the world’s most valuable companies with a market capitalization of $3.74 trillion and a "GOOD" Financial Health score. Get the complete analysis with 16 additional ProTips and a comprehensive Pro Research Report on InvestingPro.
In other recent news, Apple has introduced its M5 chip, which offers a significant boost in artificial intelligence performance, quadrupling the capabilities of its predecessor, the M4 chip. The M5 chip, built with advanced 3-nanometer technology, features a redesigned 10-core GPU, enhancing overall computing power. Additionally, Apple announced the launch of an upgraded Vision Pro headset, equipped with the M5 chip, promising improved performance and extended battery life, set to be available in stores on October 22. In another development, BofA Securities has reiterated its Buy rating for Apple, citing stable shipping times for the iPhone 17 Pro and Pro Max models. Looking ahead, Apple is reportedly developing a touch-screen MacBook Pro with OLED display technology, expected to debut between 2026 and 2027. This new MacBook Pro will feature a thinner and lighter design powered by Apple’s M6 processors. Meanwhile, Samsung continues to lead the global smartphone market, with a 2.6% increase in shipments in the third quarter of 2025, driven by strong sales of its Galaxy Z Fold 7 and Z Flip 7 models.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.