⚡ AAPL director sells $71.2M stake; stock near 52-week high
Published May 11, 2026
We read 650 filings today. Here are the ones worth your time.
408 Form 4242 8-K9 Buys145 Sells
Apple's Arthur Levinson just moved $71.2 million out of AAPL. That's the chairman of the board selling more than we've seen from any Apple insider in recent memory.
Meanwhile, five directors put their own money to work: POOL's Perez de la Mesa bought in, CLX's Breber added shares, BRK.B's O'Sullivan picked up Berkshire, and CAT's MacLennan split his cash between Caterpillar and ECL. Across 650 filings this week, sellers outnumbered buyers 16 to 1.
Apple's chairman sold $71.2M this week. Discretionary. Not a pre-planned sale under a 10b5-1, and he moved 6.1% of his position while the stock sat just 0.6% below its 52-week high. AAPL closed at $293.32, essentially flat on the year after the post-earnings pop faded. The timing lands two weeks after earnings, when the lockup window opens and insiders get their first clean shot to trade. Levinson has held this board seat since 2000.
Twenty-five years of Apple, and he chose now to reduce. The stock trades at 33 times earnings with growth projections running 8-10% annually. That's a premium multiple on moderate growth. Meanwhile, Senator Capito sold up to $15K the same week. One discretionary exit at $71.2M, one small trim from a senator's portfolio. Same stock, same week.
Pool Corporation's Chairman just bought $1.9M in shares at $188, just above the 52-week low of $184. The stock is down 46% from its peak as the pool supply market continues to cool. This discretionary purchase follows the company boosting its buyback program and dividend last week.
Clorox board member Pierre Breber bought $429K of CLX shares at $92, discretionary and not pre-planned. The stock sits 33% below its 52-week high after years of margin pressure from inflation and competition eating into the legacy cleaning portfolio. This is Breber's first open-market purchase in over two years, coming as analysts question whether Clorox can maintain its dividend streak without portfolio refresh.
Director O'Sullivan just bought $251K of Berkshire Hathaway at $476, a discretionary purchase near the middle of its trading range. The buy comes as Greg Abel, Buffett's successor, publicly warned investors about stretched valuations across markets. O'Sullivan now owns nearly 47% more stock than before this purchase.
Board member MacLennan just bought $219K worth of CAT at $897, discretionary and not pre-planned. The stock is near its all-time high of $931, up sharply while construction equipment demand typically softens. Buying 3% of his position at peak valuations while CAT somehow doubles Nvidia's recent returns suggests he sees the rally extending.
Board member MacLennan just bought $206K of ECL at $254, just off the 52-week low of $249. Discretionary buy, not pre-planned. The stock is flat for the year while the broader market rallied, suggesting institutional hesitation on the cleaning chemicals business. MacLennan adding 3.2% to his stake right at technical support is the kind of insider positioning that tends to mark sector bottoms.
Monolithic Power's VP of Strategic Marketing just offloaded $49.6M worth of shares in a discretionary sale, trimming 12.7% of his position. Stock is trading within 4% of its all-time high after more than doubling from last year's low. This wasn't pre-planned under a 10b5-1, which makes the timing given the stock's extended valuation near record levels.
Chevron director John Hess just dumped $36M in stock, discretionary, cutting 23% of his position. He's selling CVX two months after his own company (Hess Corporation) got acquired by Chevron for $53 billion. The stock sits near the middle of its range while energy comps draw buy-sell debates, but insiders selling right after a mega-merger close rarely sends a warm signal about near-term performance.
Monolithic Power's Elmiger Eugen J just dumped $19M worth of shares in a discretionary sale, liquidating 69% of his position near the all-time high of $1,662. The stock has more than doubled from its 52-week low of $630 as AI server demand drives power management chip orders. This wasn't a pre-planned 10b5-1 trade, and selling seven-tenths of your stake after a 160% run suggests someone thinks the easy money has been made.
MPWR $1,600.84 . 52w: $630-$1,662 . +0% YTD
THE TAPE
STX
CFO Gianluca Romano sells $17.4M of STX
AMZN
CEO Andrew Jassy sells $8.6M of AMZN
ABNB
Joseph Gebbia sells $8.1M of ABNB
AMZN
CEO Douglas Herrington sells $7.8M of AMZN
ETN
Heath Monesmith sells $7.5M of ETN
EQIX
Charles Meyers sells $5.7M of EQIX
HSY
Hershey Trust CO Trustee IN Trust For Milton Hershey School sells $5.5M of HSY
Live Nation locked in $1.5 billion through a new credit agreement while its stock trades near the top of its 52-week range. The timing suggests the company is securing flexible capital ahead of the peak summer concert season when it typically needs working capital for artist advances and venue operations. The borrowing gives Live Nation room to navigate the Justice Department's antitrust scrutiny without constraining its core business.
Hubbell signed a material definitive agreement and made multiple public disclosures across Reg FD and other events. The electrical equipment maker is trading near the middle of its 52-week range after a flat start to the year. Four different 8-K items in one filing suggests either a complex transaction or multiple simultaneous business developments worth watching.
CBRE locked in $1.5B of new debt through a private placement of senior notes maturing between 2032 and 2037. The company plans to use proceeds for general corporate purposes, which likely includes funding its acquisition pipeline given CBRE's active M&A strategy in real estate services. The timing is strategic with rates still elevated but the company trading near the lower end of its 52-week range at $146.