Why are all the insiders still selling? Thats not good, if INTC was at the bottom you would think someone would be buying, also the Net Institutional share sold almost 150 million real not good
There have been 3 Intel employees sell in the past 6 months.
ARVIND SODHANI, EXEC. VP; PRES. INTEL CAPITAL, made 4 sales of 111,749, 100,000, 50,000 and 25,000 shares and still holds 109,706 shares.
Frank Yeary, Director, sold 2,196 and still holds 39,608 shares. His annual directors pay is 2,196 shares.
WILLIAM HOLT, SR VP GM, TECH & MFG GRP, sold 2,018 and still holds 43,548 shares. Holt has been a regular seller over the past year.
The rest of the employee sales were automatic sales triggered by RSU units vesting. The day the RSU options vest, the employee owes tax on the gain from $0 to market price. Standard practice by all employees getting RSU is to select the option to sell shares to cover the tax liability.