Intel stock spikes after report of possible US government stake
Apple Inc. (NASDAQ:AAPL) Senior Vice President Deirdre O’Brien sold 34,821 shares of common stock on August 8, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales generated $7,772,047. The transaction comes as Apple maintains its position as a dominant player with a market capitalization of $3.4 trillion. According to InvestingPro data, the stock currently trades at elevated multiples, suggesting premium valuations.
The shares were sold at prices ranging from $223.19 to $223.24, with the stock currently trading at $229.65. Following the transaction, O’Brien directly owns 136,687 shares of Apple. The stock has shown significant momentum, gaining over 13% in the past week, though InvestingPro analysis indicates the shares are trading above their Fair Value.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 27, 2024. For deeper insights into Apple’s valuation metrics and 16 additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Apple has announced a significant expansion of its U.S. investments, increasing its commitment from $500 billion to $600 billion over the next four years. This expanded investment includes major agreements, such as a $2.5 billion deal with Corning (NYSE:GLW) and a new multiyear arrangement with Coherent (NYSE:COHR). Additionally, Apple has expanded its partnership with GlobalFoundries (NASDAQ:GFS) to enhance wireless connectivity and power management technologies, which are crucial for next-generation AI-enabled devices. This collaboration will boost investments at GlobalFoundries’ semiconductor facility in Malta, New York.
Analyst firms have also made notable updates regarding Apple. Melius Research has raised its price target for Apple to $260, maintaining a Buy rating due to optimism about upcoming iPhone product cycles. BofA Securities increased its price target to $250, citing potential tariff exemptions that could benefit Apple’s market share in the U.S. Evercore ISI maintained its Outperform rating with a $250 price target, highlighting Apple’s expanded U.S. manufacturing commitment. Wells Fargo (NYSE:WFC) reiterated its Overweight rating with a $245 price target, following Apple’s announcement of increased U.S. investments.
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