Intel's CEO Just Sold a Lot of Stock
On Nov. 29, Brian Krzanich, the CEO of chip giant Intel (NASDAQ: INTC), reported several transactions in Intel stock in a Form 4 filing with the SEC.
Most of the transactions involved Krzanich exercising employee stock options (these options allowed Krzanich to purchase Intel shares at prices significantly below where they are currently trading) and then immediately selling those shares that he bought at a discount on the open market.
Krzanich. Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€31.51
-0.330%
Our community is currently high on Intel Corp. with 37 Buy predictions and 19 Sell predictions.
With a target price of 35 € there is a slightly positive potential of 11.09% for Intel Corp. compared to the current price of 31.51 €.
