Barbara Oil Co. Buys New Intel Stake Worth About $11.9M
Barbara Oil Co. disclosed a new purchase of 85,000 Intel shares worth about $11.9M, increasing its stake. Sivia Capital Partners and NewEdge Advisors also added shares, boosting their holdings over recent quarters. Intel CEO Lip-Bu Tan reportedly bought about $10M of stock, alongside analyst price-target increases and buy/hold ratings.