Intel Co. (NASDAQ:INTC) Stock Holdings Lifted by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC raised its position in shares of Intel Co. (NASDAQ:INTC) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,595 shares of the chip maker’s stock after purchasing an additional 611 shares during the period. Aaron Wealth Advisors LLC’s holdings in Intel were worth $413,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in INTC. Cyrus J. Lawrence LLC acquired a new stake in Intel in the second quarter valued at approximately $27,000. Quest Partners LLC lifted its stake in shares of Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after purchasing an additional 1,253 shares during the last quarter. West Financial Advisors LLC bought a new stake in Intel in the fourth quarter worth $31,000. Groupama Asset Managment increased its position in Intel by 6.3% during the third quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock worth $32,000 after buying an additional 8,084 shares during the last quarter. Finally, Sawyer & Company Inc bought a new position in Intel during the fourth quarter valued at about $32,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Intel

In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $26.00, for a total value of $650,000.00. Following the transaction, the executive vice president now owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. This trade represents a 8.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on INTC shares. Benchmark reiterated a “hold” rating on shares of Intel in a research note on Friday, November 1st. The Goldman Sachs Group decreased their target price on Intel from $22.00 to $21.00 and set a “sell” rating for the company in a research report on Thursday, October 17th. Barclays dropped their price target on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday. Rosenblatt Securities reiterated a “sell” rating and issued a $17.00 target price on shares of Intel in a research note on Tuesday, October 29th. Finally, Mizuho cut their target price on shares of Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a research report on Friday, January 10th. Six analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $29.88.

Intel Price Performance

Shares of INTC stock opened at $21.49 on Monday. Intel Co. has a 52 week low of $18.51 and a 52 week high of $50.30. The stock has a market capitalization of $92.69 billion, a PE ratio of -5.78, a PEG ratio of 8.53 and a beta of 1.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.97 and a current ratio of 1.31. The stock’s fifty day moving average is $21.55 and its 200-day moving average is $23.27.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 31st. The chip maker reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.44). Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. The company had revenue of $13.30 billion for the quarter, compared to the consensus estimate of $13.02 billion. During the same period in the prior year, the company earned $0.28 EPS. The firm’s revenue was down 6.3% compared to the same quarter last year. Equities research analysts expect that Intel Co. will post -0.87 EPS for the current fiscal year.

About Intel

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.