SGL Investment Advisors Adds Position in Intel as CEO Buys Shares
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.