Former Vice President al Gore sold Apple shares worth $29.5 million
25.02.2017 0 Comments
Former Vice-President and Board member of Apple, al Gore has sold its stake in the company worth nearly $30 million prior to the spring announcement of new products. This became known from documents filed with the Commission on stock exchanges and securities of the United States.
Member of the Board of Directors Apple got rid of approximately 215 437 shares in the iPhone maker worth $29.5 million of Securities were realized this week at a price of $136,4 to $137,12 per share..
All transactions were conducted in the period from 21 to 24 September. The average sale price of one security was $136,7.
Earlier, analysts said that now is the time to purchase the securities of Apple. Experts believe that the company’s assets will still grow, the fall of securities in the near future should not wait. In this situation, the experts recommend to buy shares of anyone who was going to do it.
This week Apple has again updated the record value after optimistic analyst forecasts for sales of the Corporation in China. To the closing of the Nasdaq stock market on Tuesday, February 21, the cost of one Apple securities amounted to $136,7, which is 0.7% more than the previous day. As a result, market capitalization of the California corporations reached nearly $720 billion Since the beginning of the year assets Apple repeatedly updated record.
Earlier, the al Gore three times bought Apple securities and received a fee of 30 000 shares of $14.95 each in 2003, when he joined the Board of Directors of the Corporation. In 2013, Gore had bought a package of shares of “Apple” giant in the amount of half a million dollars.