Sentiment for Intel Corp (NASDAQ:INTC)
Intel Corp (NASDAQ:INTC) institutional sentiment increased to 0.81 in Q2 2018. Its up 0.05, from 0.76 in 2018Q1. The ratio is better, as 680 funds increased and opened new holdings, while 835 trimmed and sold equity positions in Intel Corp. The funds in our partner’s database reported: 2.93 billion shares, down from 3.00 billion shares in 2018Q1. Also, the number of funds holding Intel Corp in their top 10 holdings decreased from 264 to 204 for a decrease of 60. Sold All: 48 Reduced: 787 Increased: 521 New Position: 159.
Intel Corporation designs, manufactures, and sells computer, networking, and communications platforms worldwide. The company has market cap of $216.15 billion. The firm operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Intel Security Group, Programmable Solutions Group, and All Other divisions. It has a 17.08 P/E ratio. The Company’s platforms are used in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, and mobile communication components; enterprise, cloud, and communication infrastructure; and retail, transportation, industrial, video, buildings, and other market divisions.
The stock decreased 0.06% or $0.03 during the last trading session, reaching $47.36. About 19.15M shares traded. Intel Corporation (NASDAQ:INTC) has risen 24.49% since November 14, 2017 and is uptrending. It has outperformed by 8.87% the S&P500.
Srb Corp holds 21.46% of its portfolio in Intel Corporation for 3.94 million shares. Kamunting Street Capital Management L.P. owns 210,000 shares or 14.43% of their US portfolio. Moreover, Price Michael F has 12.04% invested in the company for 2.05 million shares. The California-based Underhill Investment Management Llc has invested 8.21% in the stock. Ashmore Wealth Management Llc, a Delaware-based fund reported 2.75 million shares.
Since January 1, 0001, it had 0 insider buys, and 5 selling transactions for $580,904 activity.
Intel Corporation (NASDAQ:INTC) Ratings Coverage
Ratings analysis reveals 33% of Intel’s analysts are positive. Out of 24 Wall Street analysts rating Intel, 8 give it “Buy”, 5 “Sell” rating, while 11 recommend “Hold”. The lowest target is $42 while the high is $6500. The stock’s average target of $54.31 is 14.67% above today’s ($47.36) share price. INTC was included in 38 notes of analysts from May 16, 2018. The firm has “Buy” rating by UBS given on Thursday, June 21. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, July 27 report. KeyBanc Capital Markets maintained the shares of INTC in report on Friday, July 27 with “Overweight” rating. On Friday, July 27 the stock rating was maintained by Wells Fargo with “Outperform”. The company was downgraded on Tuesday, June 26 by Bernstein. The firm has “Outperform” rating given on Friday, October 26 by BMO Capital Markets. DZ Bank upgraded the shares of INTC in report on Tuesday, July 31 to “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 27. Northland Capital upgraded the shares of INTC in report on Thursday, September 13 to “Market Perform” rating. On Thursday, July 5 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”.
More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel Corporation Valuation” on October 31, 2018, also Seekingalpha.com with their article: “Qualcomm Lacks Near Term Growth Prospects” published on November 12, 2018, Benzinga.com published: “Intel Is The Semiconductor Sector’s Only Candidate For Estimate Raises, Nomura Says In Upgrade” on October 22, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Investorplace.com and their article: “Despite Lacking a Permanent CEO, Intel Stock Could Be a Good Bet” published on November 09, 2018 as well as Seekingalpha.com‘s news article titled: “Intel accelerates 5G modem production” with publication date: November 12, 2018.