Intel Co. (NASDAQ:INTC) VP William M. Holt sold 46,416 shares of Intel stock in a transaction on Tuesday, January 26th. The shares were sold at an average price of $29.96, for a total value of $1,390,623.36. Following the sale, the vice president now directly owns 19,108 shares of the company’s stock, valued at approximately $572,475.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

William M. Holt also recently made the following trade(s):

  • On Monday, January 25th, William M. Holt sold 40,323 shares of Intel stock. The shares were sold at an average price of $30.00, for a total value of $1,209,690.00.

A number of equities research analysts have weighed in on the company. Needham & Company LLC raised their price target on Intel from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, December 30th. Citigroup Inc. restated a “hold” rating on shares of Intel in a research report on Wednesday, December 16th. Deutsche Bank restated a “buy” rating and set a $38.00 price target (up previously from $37.00) on shares of Intel in a research report on Monday, December 28th. Tigress Financial downgraded Intel from a “buy” rating to a “neutral” rating in a research report on Monday, October 26th. Finally, Vetr downgraded Intel from a “hold” rating to a “sell” rating and set a $33.04 price target on the stock. in a research report on Monday, October 26th. Five investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $36.57.

Other hedge funds and institutional investors recently modified their holdings of the company. Proficio Capital Partners bought a new position in shares of Intel during the fourth quarter valued at $26,000. Taylor Wealth Management Partners raised its position in shares of Intel by 16.0% in the fourth quarter. Taylor Wealth Management Partners now owns 1,160 shares of the chip maker’s stock valued at $40,000 after buying an additional 160 shares during the last quarter. Simplex Trading raised its position in shares of Intel by 60.0% in the fourth quarter. Simplex Trading now owns 1,616 shares of the chip maker’s stock valued at $854,000 after buying an additional 606 shares during the last quarter. Merriman Wealth Management bought a new position in shares of Intel during the fourth quarter valued at $201,000. Finally, Toth Financial bought a new position in shares of Intel during the fourth quarter valued at $219,000.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Sunday, February 7th will be given a dividend of $0.26 per share. This is a positive change from Intel’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Wednesday, February 3rd. This represents a $1.04 annualized dividend and a yield of 3.47%.

Intel Co. (NASDAQ:INTC) traded up 1.53% during trading on Friday, reaching $30.43. 10,889,967 shares of the company’s stock traded hands. Intel Co. has a 1-year low of $24.87 and a 1-year high of $35.59. The firm has a market capitalization of $143.69 billion and a PE ratio of 13.06. The firm has a 50 day moving average of $32.83 and a 200 day moving average of $31.42.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 14th. The chip maker reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.11. The company had revenue of $14.90 billion for the quarter, compared to analyst estimates of $14.80 billion. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 earnings per share. Equities analysts forecast that Intel Co. will post $2.44 EPS for the current year.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (NASDAQ:INTC), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Company’s operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

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