Great article, would you like to share it?Continue to Buy in 4 Years! Should We Take CEO Buying/Selling Seriously?
@Tiger_comments: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 elsewhere Reasons to buy: 1) they want to make money Another 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 shares while selling awards and giving himself a raise isn't a strong bullish signal. It mirrors tactics like those seen at CVNA, where executives bought small amounts while profiting massively from covid bull market. Another notable CEO stock trade is $NVIDIA Corp(NVDA)$’s CEO sale in recent months. Click to learn more: Is Jensen's Stock Sale Similar to Musk's Action in 2022? 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? Leave your comments and also post to win tiger coins~
Continue to Buy in 4 Years! Should We Take CEO Buying/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.