Insider Trading News: Apple Inc. (AAPL), Fitbit Inc (FIT) and Pandora Media Inc (P)

Recently, various executives have taken part in insider trading activity for the stocks of Apple Inc. (NASDAQ:AAPL),  Fitbit Inc (NYSE:FIT) and Pandora Media Inc (NYSE:P). Let’s take a closer look.

Apple Inc.

SVP Angela Ahrendts unloaded 50,000 shares (29% of her total stake), in two transactions dated May 26 and 27, valued at $5,000,000. The shares were sold via automatic sale program. The SVP now holds 122,971 shares, worth $12,343,828.

Ahrendts is the senior vice president of retail and online stores at Apple. Ahrendts was the CEO of Burberry from 2006 to 2014. Ahrendts was ranked 25th in Forbes’ 2015 list of the most powerful women in the world. She is also a member of the UK’s Prime Minister’s business advisory council.

In addition, SVP Srouji Johny sold 8,000 shares of the company in a $798,000 transaction dated May 26. The shares were sold via automatic sale program. Johny now owns 116,400 shares worth $11,687,724.

Srouji is the senior vice president for hardware technologies at Apple. He runs the division that makes processor chips, the silicon brains inside the iPhone, iPad, Apple Watch, and Apple TV.

Fitbit Inc

Director Steven J. Murray disposed 1,000,000 Fitbit shares in three transactions dated May 26, valued at $14,205,000. Murray now holds 6,139,993 shares, worth $86,942,300.

Steven Murray has served as a member of Fitbit board of directors since June 2013. Mr. Murray is a Partner at SoftBank Capital, a venture capital firm, where he has worked since April 1996.

According to, which measures corporate insiders’ success based on their transactions, Steven Murray has an average return of 31.6% and a 67% success rate. Murray is ranked #6,993 out of 35,530 corporate insiders.

Pandora Media Inc

CEO Tim Westergreen acquired 685,950 Pandora shares, increasing his stake by 108.6%.  The stock was bought at $0.27 per share, with a total value of $188,115. Following the insider-buying transaction, Westegreen now holds 1,317,399 shares worth $14,807,564.

In 1999 Westergreen started Pandora along with two co-founders: Will Glaser and Jon Kraft. The Oakland, Calif., company went public in 2011, reporting $138 million in revenue that fiscal year.

According to, Timothy Westergreen has an average return of 4% and a 50% success rate. Westegreen is ranked #12,690 out of 35,530 corporate insiders.

In addition, CTO Chris Martin sold 24,235 shares in two transaction dated May 26, worth $192,066. The Director now holds 350,470 shares, valued at $3,939,282.

Chris joined Pandora in late 2004 just before the company began to transition the business into redefining radio. Since joining the company, he has managed the engineering function at Pandora. Today, Chris oversees a growing team of engineers who are tackling a range of engineering projects, from perfecting playlists to in-car development and advertising technologies.

Finaly, Crosslink Capital acquired indirectly 250,000 shares, valued at $2,830,000. Crosslink now have a inderect stake of 6,661,294 shares, worth $74,872,944.

Crosslink Capital is a private venture capital firm with a primary focus on technology and the energy industry.

According to, Crosslink Capital has an average return of -15.8% and a 33% success rate. Crosslink is ranked #34,270 out of 35,530 corporate insiders.