Intel Insider Ups Holding During Year
Viewing insider transactions for Intel Corporation's over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.In the last twelve months, the biggest single sale by an insider was when the Interim Co-CEO & Chief Executive Officer of Intel Products, Michelle C. Holthaus, sold US$650k worth of shares at a price of US$26.00 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$20.83. So it may not shed much light on insider confidence at current levels. Michelle C. Holthaus was the only individual insider to sell over the last year.But note: Intel may not be the best stock
