Intel Co. (NASDAQ:INTC) Holdings Raised by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC increased its stake in Intel Co. (NASDAQ:INTC) by 19.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,115 shares of the chip maker’s stock after purchasing an additional 7,861 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Intel were worth $1,129,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Orion Portfolio Solutions LLC grew its holdings in Intel by 1.9% during the first quarter. Orion Portfolio Solutions LLC now owns 100,220 shares of the chip maker’s stock worth $4,427,000 after acquiring an additional 1,900 shares during the period. Dorsey & Whitney Trust CO LLC grew its stake in shares of Intel by 1.4% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 41,162 shares of the chip maker’s stock worth $1,818,000 after purchasing an additional 588 shares during the last quarter. M&G Plc bought a new stake in shares of Intel in the 1st quarter worth approximately $129,589,000. Mizuho Markets Cayman LP boosted its holdings in Intel by 336.0% during the first quarter. Mizuho Markets Cayman LP now owns 32,400 shares of the chip maker’s stock worth $1,476,000 after buying an additional 24,969 shares in the last quarter. Finally, Councilmark Asset Management LLC acquired a new position in Intel in the first quarter worth approximately $1,631,000. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Raymond James lowered Intel from an “outperform” rating to a “market perform” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. decreased their price target on Intel from $35.00 to $26.00 and set an “underweight” rating for the company in a research report on Friday, August 2nd. Cantor Fitzgerald cut their price objective on Intel from $40.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. StockNews.com downgraded shares of Intel from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. Finally, Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Friday, November 1st. Six analysts have rated the stock with a sell rating, twenty-five have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.12.

Intel Trading Up 0.4 %

Shares of INTC stock opened at $25.03 on Friday. Intel Co. has a 12 month low of $18.51 and a 12 month high of $51.28. The company has a market cap of $107.95 billion, a PE ratio of -6.73 and a beta of 1.03. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $22.47 and its two-hundred day moving average is $26.42.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 31st. The chip maker reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.44). The firm had revenue of $13.30 billion during the quarter, compared to the consensus estimate of $13.02 billion. Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. The business’s revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.28 EPS. Equities analysts predict that Intel Co. will post -0.83 EPS for the current year.

Insider Buying and Selling

In related news, EVP Michelle Johnston Holthaus sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $26.00, for a total transaction of $650,000.00. Following the transaction, the executive vice president now directly owns 273,258 shares in the company, valued at $7,104,708. The trade was a 8.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.04% of the stock is currently owned by insiders.

Intel Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.