Apple: Analysts Say “Buy” While Insider’s Sell

Sat, May 19, 2012

Buy Apple Products while insider


Put up another strike against the Apple (NASDAQ:AAPL) stock bulls column.

In addition to all the reasons we’ve identified in Five Reasons Why Apple is Not a Buy which include overoptimistic analyst optimistic earnings Buy Apple While Insiders Selltargets, aggressive analysts trying to top each other in who-can-be-more-bullish-on-Apple game, their share buyback announcement (which, contrary to conventional Wall Street groupthink is bad), and the imminent failure of Apple TV…

Apple: Analysts Say “Buy” While Insider’s Sell

This week we learned that one of Apple’s top executives has nearly sold out of all his stock. reports in Apple’s iOS Guru Sells Off Huge Share Stockpile:

Apple software guru Scott Forstall sold 95 percent of his current shares in the company on Friday, according to media reports. Forstall, Apple’s senior vice president for iOS software, sold 64,151 shares at prices between $601.24 and $604.84, raking in $38.7 million.

Granted, a $38 million is tough to pass up for anyone. But in this case, it’s just another warning sign.

After all, Apple shares have flown higher over the past few years. And one insider who knows the company extremely well and its future plans even better (he’s leading the programming of them!) sells out 95% of his position, it’s clear he sees an opportunity to take profits.

As we’ve been saying here at Contrarian Insights for months now, if you hold Apple shares, you should take some profits too.

When everyone who is going to Buy A Stock has bought and there’s no one left to buy, there’s only one way for shares to go.

We’re certainly lonely in our opinion of the future prospects of apple stock prospects.  But when it comes to investing, it’s good to be lonely.

Contrarian Insights: Updated  Stock News

Join Now

The Group of Big Investors in United States.

Your Email

Buy Apple While Insiders Sell

Like This?

Share This:

Facebook Twitter Share on Google+ Digg Reddit LinkedIn Pinterest StumbleUpon

Recent Post

How to Buy Commodity Stocks Online 2015 - Learn here it’s Safe to Investment in Commodity Market

The how to invest in commodities stock 2015 can correct any fluctuations that investors may have felt recently in their fortunes. The beginning of the year was on a shaky note with the direction of profits not very clear. However, with the months wearing on, the commodities market is once..... Read More...

Is Gold and Silver a Good Investment in 2015? Gold Coins Investment Best Idea for a Great Return

The is investing in gold a good idea right now is the hot conversation for small and big time investors alike. With the crash in real estate markets and the continued disfavor of bonds, gold is the only option which is fast emerging as the fail safe investment. Moreover, gold..... Read More...

Top 10 Best Stocks To Invest In Right Now in 2015, Learn Here How to Buy Stock Now

The top ten best stocks to invest in 2015 can help investors consolidate gains this year with a great margin. These are the stocks one’s would prefer to buy and hold onto for a long time. There are more winners here than losers which sped way past the rest..... Read More...

Best Investment Strategy for High Income Earners, Learn Here Investment Strategies for Buying Stocks

The investment strategies for high income earners are a few of the best special financial tips to help in wealth management. The top 2-3 per cent of the high income earners has a challenging task in holding onto their money and investment may be the only way out to avoid..... Read More...

How to Make Money in the Stock Market with Little Money for beginners, Future Wealth

The how to make money in the stock market with little money is a sure fire way to get out a less than perfect existence. It is a means other catapult in to luxury almost overnight as has been shown by many an investor in all times. Investing in the..... Read More...