Tan isn't the only Intel executive who feels bullish, however. On Oct. 31, CEO Pat Gelsinger purchased 8,830 shares at an average price of $28.15. On the same day, he also converted 6,779 shares of restricted stock units into 6,779 shares of common stock and sold 3,362 shares at a price of $28.62. Following the purchase and conversion, Gelsinger now owns 266,530 shares through his trust and 96,049 shares directly. Gelsinger's trades were also not enacted via a 10b5-1 plan.