Intel CEO Buys More Stock at Lower Price

Intel CEO Lip-Bu Tan just made his second open-market stock purchase in three months, according to a Form 4 filed with the SEC. On November 2, Tan's family trust bought 150,000 shares of $INTC at a weighted average of $64.73, for about $9.7 million. That follows an August 11 purchase of 105,263 shares at $95.00, worth roughly $10 million. The stock fell about 32% between the two buys, and Tan bought more shares the second time around.