Intel Co. (NASDAQ:INTC) VP William M. Holt sold 40,323 shares of Intel stock in a transaction dated Monday, January 25th. The stock was sold at an average price of $30.00, for a total value of $1,209,690.00. Following the completion of the sale, the vice president now owns 65,524 shares of the company’s stock, valued at $1,965,720. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Sunday, February 7th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.49%. This is a positive change from Intel’s previous quarterly dividend of $0.24. The ex-dividend date is Wednesday, February 3rd.

Intel Co. (NASDAQ:INTC) opened at 29.81 on Thursday. The company’s 50-day moving average price is $32.97 and its 200 day moving average price is $31.43. 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 $140.76 billion and a PE ratio of 12.79.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, January 14th. The chip maker reported $0.74 EPS for the quarter, beating analysts’ consensus estimates 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. Intel’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.74 EPS. On average, equities analysts anticipate that Intel Co. will post $2.44 EPS for the current year.

Other hedge funds and institutional investors have modified their holdings of the company. Lowe FS acquired a new position in shares of Intel during the third quarter worth $12,000. Proficio Capital Partners acquired a new position in shares of Intel during the fourth quarter worth $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 worth $40,000 after buying an additional 160 shares in the last quarter. Merriman Wealth Management acquired a new position in shares of Intel during the fourth quarter worth $201,000. Finally, Toth Financial acquired a new position in shares of Intel during the fourth quarter worth $219,000.

A number of equities research analysts have issued reports on the company. B. Riley restated a “buy” rating and set a $39.50 price target on shares of Intel in a research note on Monday, October 12th. Pacific Crest restated a “buy” rating on shares of Intel in a research note on Saturday, January 16th. Sanford C. Bernstein restated a “hold” rating on shares of Intel in a research note on Saturday, January 16th. MKM Partners restated a “buy” rating on shares of Intel in a research note on Saturday, January 16th. Finally, Susquehanna restated a “hold” rating on shares of Intel in a research note on Saturday, January 16th. Five equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-nine have issued a buy rating to the company. Intel presently has an average rating of “Hold” and an average price target of $36.57.

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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