INTC Stock: Why The Price Increased

By Amit Chowdhry ● Oct 31, 2021
  • The stock price of Intel Corporation (NASDAQ: INTC) increased 1.91% in the previous trading session. This is why it happened.

The stock price of Intel Corporation (NASDAQ: INTC) increased 1.91% in the previous trading session. Investors are responding positively to an Intel director buying a large number of shares.

According to a filing, Intel director Dion Weisler bought 5,147 shares of the company. This includes 2,043 shares at $48.95; 2,064 shares at $48.45; and 1,040 shares at $48.05. Now Weisler owns 17,099 shares of Intel. Plus Weisler also bought 5,015 shares at $49.85 earlier this week as well.

Weisler is not the only Intel executive to buy a large number of shares this past week. These are some of the other major recent transactions from Intel executives this past week:

Frank Yeary – 10,000 shares – $49.6595

Risa Lavizzo-Mourey – 5,000 shares – $49.50

James Goetz – 20,000 shares – $49.76

Patrick Gelsinger (CEO) – 10,000 shares – $49.9398

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.