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Disney CEO loads up on Apple stock


Disney CEO Bob Iger, who is on Apple’s Board of Directors, has purchased US$1 million worth of Apple shares, an SEC filing ( reveals.

What makes it “really interesting,” according to “Business Insider” (“Reuters” ( is that Iger exercised a million options on Disney stock last week, netting $17.9 million. “When an insider, like a board member, buys stock on the open market, it’s usually considered a bullish sign,” the article adds.

Iger also bought $1 million worth of shares a year ago at prices around $375 a share, shortly after joining Apple’s board.

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