---
title: "Intel CEO bought company shares before Trump's victory, now showing a 15% increase on the books"
description: "Intel CEO Pat Gelsinger \"cast a vote\" for his own company on U.S. Election Day. On November 4th, Gelsinger purchased 11,150 shares of Intel stock for $251,200, at an average price of $22.53 per share."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/219095854.md"
published_at: "2024-11-07T18:06:03.000Z"
---

# Intel CEO bought company shares before Trump's victory, now showing a 15% increase on the books

> Intel CEO Pat Gelsinger "cast a vote" for his own company on U.S. Election Day. On November 4th, Gelsinger purchased 11,150 shares of Intel stock for $251,200, at an average price of $22.53 per share. According to a form he submitted to the U.S. Securities and Exchange Commission, 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 he bought the stock on the open market before the first polling stations opened for the U.S. elections, and well before the news of Trump's victory over Harris was announced. Intel's stock, along with the three major U.S. stock indices, soared afterward. The stock's most recent trading price was $25.97, representing a 15% paper gain compared to the shares Gelsinger purchased earlier

On November 8th, Jin10 Data reported that Intel (INTC.O) CEO Pat Gelsinger "cast a vote" for his own company on U.S. Election Day. On November 4th, Gelsinger purchased 11,150 shares of Intel stock for $251,200, at an average price of $22.53 per share. According to a form he submitted to the U.S. Securities and Exchange Commission, 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 purchase of stock on the open market occurred before the first polling stations opened for the U.S. elections, and well before the news of Trump's victory over Harris was announced. Intel's stock, along with the three major U.S. stock indices, soared afterward. The most recent trading price for the stock was $25.97, representing a 15% paper gain compared to the shares Gelsinger purchased earlier

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