Intel Co. (NASDAQ:INTC) Position Increased by Bank Hapoalim BM

Bank Hapoalim BM grew its position in Intel Co. (NASDAQ:INTC) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,192 shares of the chip maker’s stock after acquiring an additional 283 shares during the period. Bank Hapoalim BM’s holdings in Intel were worth $338,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Clearwater Capital Advisors LLC raised its position in shares of Intel by 3.6% in the fourth quarter. Clearwater Capital Advisors LLC now owns 6,396 shares of the chip maker’s stock valued at $300,000 after buying an additional 224 shares during the last quarter. SignalPoint Asset Management LLC raised its position in shares of Intel by 1.6% in the fourth quarter. SignalPoint Asset Management LLC now owns 14,800 shares of the chip maker’s stock valued at $694,000 after buying an additional 227 shares during the last quarter. Wealth Architects LLC raised its position in shares of Intel by 0.8% in the fourth quarter. Wealth Architects LLC now owns 31,613 shares of the chip maker’s stock valued at $1,484,000 after buying an additional 246 shares during the last quarter. Cooper Haims Advisors LLC raised its position in shares of Intel by 3.0% in the fourth quarter. Cooper Haims Advisors LLC now owns 8,396 shares of the chip maker’s stock valued at $394,000 after buying an additional 246 shares during the last quarter. Finally, Home Federal Bank of Tennessee raised its position in shares of Intel by 1.1% in the fourth quarter. Home Federal Bank of Tennessee now owns 23,524 shares of the chip maker’s stock valued at $1,104,000 after buying an additional 247 shares during the last quarter. 65.99% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on INTC shares. Northland Securities reissued a “sell” rating and issued a $38.00 price objective on shares of Intel in a research report on Friday, March 15th. BidaskClub raised shares of Intel from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd. Zacks Investment Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Wednesday, March 27th. Nomura initiated coverage on shares of Intel in a research report on Tuesday, April 2nd. They issued a “buy” rating and a $65.00 price objective for the company. Finally, Sanford C. Bernstein restated a “sell” rating and issued a $42.00 target price on shares of Intel in a report on Wednesday, April 3rd. Eight equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $53.63.

In related news, EVP Steven Ralph Rodgers sold 25,170 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $55.00, for a total value of $1,384,350.00. Following the sale, the executive vice president now directly owns 48,140 shares of the company’s stock, valued at $2,647,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Navin Shenoy sold 8,552 shares of the company’s stock in a transaction on Tuesday, June 18th. The shares were sold at an average price of $46.78, for a total transaction of $400,062.56. Following the completion of the sale, the executive vice president now directly owns 68,833 shares in the company, valued at $3,220,007.74. The disclosure for this sale can be found here. Insiders sold 73,576 shares of company stock valued at $3,861,923 over the last 90 days. Insiders own 0.02% of the company’s stock.

Shares of INTC stock traded up $0.18 on Monday, hitting $48.05. The stock had a trading volume of 24,092,172 shares, compared to its average volume of 24,154,818. The stock has a market capitalization of $214.31 billion, a price-to-earnings ratio of 10.49, a price-to-earnings-growth ratio of 1.51 and a beta of 0.84. The business has a 50 day simple moving average of $45.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.13. Intel Co. has a 52-week low of $42.36 and a 52-week high of $59.59.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 25th. The chip maker reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.02. The business had revenue of $16.10 million during the quarter, compared to the consensus estimate of $16.03 billion. Intel had a net margin of 29.04% and a return on equity of 29.54%. The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. Sell-side analysts expect that Intel Co. will post 4.23 earnings per share for the current year.

Intel Profile

Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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