CEO’s buying is usually a sign of confidence in their company but selling doesn’t mean a lack of confidence. They usually see to take profit and to me, that is to be expected. I don’t usually pay much attention to CEO buying and selling. I look only at the company’s performance, future prospects, current stock price and macro conditions.
Should We Take CEO Buying/Selling Seriously?
Gelsinger paid $252,000 on Aug. 5 for 12,500 $Intel(INTC)$ shares, an average price of $20.16. You may think that $25k is no big money.
But his persistence can't be ignored. Intel CEO continues to buy the stock in the past 4 years.
Another notable CEO stock trade is $NVIDIA Corp(NVDA)$’s CEO sale in recent months.
----------------
Do you invest in good CEO or data?
How do you view $Intel(INTC)$ CEO’s continous buying?
Is it a bullish signal or not?
Should we take CEO’s buying or selling seriously?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments