Thread regarding Intel Corp. layoffs

AB sold 185,470 INTC shares this week before quiet period ends, and so it begins...

Intel Corp. (NASDAQ: INTC) had the chairman of the semiconductor giant selling stock this past week. Andy Bryant shed a total of 185,470 shares of the stock at prices that ranged from $31.93 to $32.05. The total for the sale came in at $6 million. Intel designs, manufactures and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services and All Other segments. The stock closed Friday at $30.28.

source: http://247wallst.com/investing/2016/05/01/bill-ackman-makes-massive-canadian-pacific-railway-insider-sell-plus-under-armour-intel-philip-morris-and-more/

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| 2811 views | | 5 replies (last May 2, 2016) | Reply
Post ID: @OP+Hce6G1s

5 replies (most recent on top)

how many stocks again? I did not even get 470 per year for the past several years!

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Post ID: @hjq+Hce6G1s

Thanks Andy for explaining 10b5-1 plan.

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Post ID: @afa+Hce6G1s

CEOs/execs typically are set up to use 10b5-1 plans. They sell stock on an automated basis so as to prevent any insider information from influencing their stock sales.

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Post ID: @mdh+Hce6G1s

Rats started leaving a sinking ship. More rats to pull the plug!

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Post ID: @wck+Hce6G1s

These guys tell everybody to invest in Intel and then sell out. Krzanich and James did the same thing after announcing Altera purchase. Tells me a lot about their faith in the company as a long term investment. Go figure.

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Post ID: @lga+Hce6G1s

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