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SGL Investment Advisors Adds Position in Intel as CEO Buys Shares

Intel logoIntel
Sig1.24Sen+0.64Env0.00Soc0.00Gov+0.30

Financial Life Planners and Glynn Capital Management also disclosed new positions in Intel, while Financially Speaking Inc. increased its holdings by 279 shares in the last quarter. The CEO, Lip-Bu Tan, is reported to have bought about $10 million of Intel stock and held about 1,314,669 shares. Intel posted $0.42 EPS, topping estimates, but manufacturing operations continue losing money and sentiment is pressured by broader semiconductor profit-taking after Nvidia’s rally.

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