Disney's CEO Is Selling His Company's Stock And Buying Apple (DIS, AAPL)

On Monday, Disney CEO Bob Iger bought $1 million worth of Apple shares, an SEC filing revealed. He's on Apple's board of directors. That's really interesting, because Iger exercised a million options on Disney stock last week, netting $17.9 million. “He’s just diversifying his investments and still has a very large portfolio of Disney stock,” Zenia Mucha, a Disney spokesperson, told Bloomberg at the time. So he seems to have put some of that cash right to work, in a c...