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.Some investors view this a bullish signal. One WSB user said that,There are two reasons to explain people's buying and selling.Reasons to sell: 1) they want to not lose money 2) they want to shift resources elsewhereReasons to buy: 1) they want to make moneyAnother US investor said that,Intel's potential failure poses a national security risk due to reliance on foreign fabs, making it a long-term buy.However, others believe Intel CEO's stock purchase is just like we buy peanuts in the store.Intel's CEO buying minimal sha
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?
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