Intel's CEO bought company shares before Trump's election victory, and now the book value has increased by 15%.

On November 8th, Golden Data News reported that Pat Gelsinger, CEO of Intel (INTC.O), “cast a vote” for his own company on the U.S. election day. On November 4th, Gelsinger purchased 11150 shares of Intel stock at an average price of $22.53 per share for a total of $251,200. According to a form he submitted to the U.S. SEC, he currently holds 105,033 shares of Intel stock in his personal account. He also holds 540,840 shares through a trust. Reports indicate that his stock purchase on the open market occurred before the first batch of votes were cast in the U.S. election, and well before the announcement of Trump’s victory over Harris. Intel’s stock, along with the three major U.S. stock indices, has since soared. The stock’s most recent trading price is $25.97, representing a 15% increase from Gelsinger’s earlier purchase.