Insider Selling at Domino’s Pizza Inc. (DPZ) and Intel Corporation (INTC), Plus Insider Buying at Three Other Companies

Chairman of Intel’s Boardroom Sells Shares After Release of Unenthusiastic Outlook

The Chairman of Intel Corporation (NASDAQ:INTC)’s boardroom discarded a 24,383-share stake held in a family trust. The sale reported by Andy D. Bryant took place on Thursday at prices ranging from $35.35 to $35.37 per share. Mr. Bryant holds a direct ownership stake of 399,940 shares.

The shares of Intel Corporation (NASDAQ:INTC) recently took a hit after the company issued a less-enthusiastic guidance for the next quarter despite posting third-quarter results that beat even the most-optimistic expectations. Intel recorded revenue of $15.8 billion for the third quarter that ended October 1, up 17% sequentially and up by 9% year-over-year. Some believe the company’s post-earnings report weakness created a buying opportunity for investors, but one of Intel’s most informed insiders has been actually selling shares. Earlier this year, Intel Corporation agreed to sell a majority stake in its cyber security unit, formerly known as McAfee, for $3.1 billion in cash. Although Intel retained a 49%-stake in the business, the deal signaled the end of the company’s affair with cybersecurity. Intel shares are up 2% year-to-date. Ken Fisher’s Fisher Asset Management reported owning 19.84 million shares of Intel Corporation (NASDAQ:INTC) through the latest round of 13Fs.

Board Member at Strong Performing Pizza Restaurant Chain Offloads Shares

One member of Domino’s Pizza Inc. (NYSE:DPZ)’s Board of Directors offloaded some shares last week. Vernon Bud O. Hamilton, who has been a member of the company’s boardroom since May 2005, liquidated 4,000 shares on Friday at prices that fell in the range of $165.18 and $165.29 per share. Following the recent sale, Mr. Hamilton currently owns an aggregate of 30,229 shares.

While analysts are tempering growth expectations for most restaurant companies due to toughening competition from upstart chains and meal-kit sellers, the second-largest pizza restaurant chain in the world has been delivering impressive performance as of late. Domino’s Pizza Inc. (NYSE:DPZ) reported total revenue fro $566.7 million for the three-month period that ended September 11, an increase of $16.9% year-over-year. The company’s same-store sales in the U.S. jumped by an impressive 13% in the previous quarter. Domino’s Pizza registered a 6.7%-increase in same-store revenue in international markets, extending the run of 91 consecutive quarter of positive same-store revenue growth. The well-known pizza delivery chain continued its global expansion in the quarter that ended September 11 with the opening of 316 net new stores, bringing the year-to-date openings to 722 stores. The company’s shares are up 49% this year. Drew Cupps’ Cupps Capital Management owns around 12,000 shares of Domino’s Pizza Inc. (NYSE:DPZ) as of September 30.

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