Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.
He also sold before the buyback which caused the stock to raise 7%~. If he was insider trading, it would have made sense to purchase before a buyback, then sell afterwards.
That’s a pretty serious accusation- and I don’t think it’s likely that he has survived this long based on insider trading
He also sold before the buyback which caused the stock to raise 7%~. If he was insider trading, it would have made sense to purchase before a buyback, then sell afterwards.