Intel CEO sells shares
 

Intel CEO Brian Krzanich has surprised the cocaine nose jobs of Wall Street by flogging off a big chunk of his shares.

According to a SEC filing on Nov. 04. Krzanich sold 35,000 shares at an average price of $34 each. The total value of the transactions was $1.2 million.
In the last 30 days, Krzanich also sold 35,000 shares valued at $1.06 million.

This is major insider selling, especially from the CEO. These sales have lowered Krzanich’s stake in Intel to 0.01% of the chip maker’s total market capitalisation.

http://www.techeye.net/business/intel-ceo-sells-shares