Live Ownership Coverage: Intel Corp (NASDAQ:INTC) Quarterly Sentiment Report

November 24, 2016 - By Darrin Black   ·   0 Comments

Live Ownership Coverage: Intel Corp (NASDAQ:INTC) Quarterly Sentiment Report

Sentiment for Intel Corp (NASDAQ:INTC)

Intel Corp (NASDAQ:INTC) institutional sentiment decreased to 0.99 in 2016 Q2. Its down -0.02, from 1.01 in 2016Q1. The ratio has dropped, as 726 investment managers started new or increased positions, while 716 sold and trimmed equity positions in Intel Corp. The investment managers in our partner’s database reported: 2.94 billion shares, down from 3.01 billion shares in 2016Q1. Also, the number of investment managers holding Intel Corp in their top 10 positions decreased from 139 to 133 for a decrease of 6. Sold All: 66 Reduced: 650 Increased: 637 New Position: 89.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The company has a market cap of $167.81 billion. The Company’s divisions include Client Computing Group , Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. It has a 16.55 P/E ratio. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components.

The stock decreased 0.82% or $0.29 on November 23, hitting $35.19. About 15.84 million shares traded hands. Intel Corporation (NASDAQ:INTC) has risen 11.25% since April 22, 2016 and is uptrending. It has outperformed by 5.84% the S&P500.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on January, 12. They expect $0.75 earnings per share, up 1.35% or $0.01 from last year’s $0.74 per share. INTC’s profit will be $3.58B for 11.73 P/E if the $0.75 EPS becomes a reality. After $0.80 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.

According to Zacks Investment Research, “Intel Corporation is one of the world’s largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.”

Srb Corp holds 15.82% of its portfolio in Intel Corporation for 3.15 million shares. Tekne Capital Management Llc owns 1.08 million shares or 9.58% of their US portfolio. Moreover, Alpine Investment Management Llc has 9.41% invested in the company for 3.75 million shares. The Delaware-based Ashmore Wealth Management Llc has invested 9.02% in the stock. Underhill Investment Management Llc, a California-based fund reported 506,800 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 13 sales for $36.89 million net activity.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Ratings analysis reveals 66% of Intel Corporation’s analysts are positive. Out of 44 Wall Street analysts rating Intel Corporation, 29 give it “Buy”, 2 “Sell” rating, while 13 recommend “Hold”. The lowest target is $25 while the high is $60.0. The stock’s average target of $39.78 is 13.04% above today’s ($35.19) share price. INTC was included in 127 notes of analysts from August 7, 2015. JMP Securities upgraded Intel Corporation (NASDAQ:INTC) on Friday, November 20 to “Market Outperform” rating. Citigroup maintained it with “Neutral” rating and $38 target price in Monday, September 19 report. TH Capital maintained it with “Buy” rating and $36 target price in Monday, January 18 report. The firm has “Market Perform” rating by Northland Capital given on Wednesday, April 20. The rating was maintained by Robert W. Baird on Monday, September 19 with “Outperform”. The stock of Intel Corporation (NASDAQ:INTC) has “Sector Perform” rating given on Monday, January 18 by RBC Capital Markets. The firm earned “Positive” rating on Tuesday, September 20 by Susquehanna. The firm has “Buy” rating by Topeka Capital Markets given on Monday, January 18. The rating was initiated by Brean Capital with “Buy” on Thursday, April 7. Canaccord Genuity maintained it with “Buy” rating and $44 target price in Tuesday, September 20 report.

INTC Company Profile

Intel Corporation, incorporated on March 1, 1989, is engaged in the design and manufacture of digital technology platforms. The Firm sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s divisions include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. The Company’s All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. The Company’s platforms are used to deliver a range of computing experiences in notebooks (including Ultrabook devices), 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things (including wearables, transportation systems and retail devices). It also develops and sells software and services focused on security and technology integration.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: “1 Way Qualcomm Inc. Is Leaving Intel Corporation in the Dust” on November 23, 2016, also Fool.com with their article: “Intel Corporation’s 2018 Desktop Processor Plans Revealed” published on November 22, 2016, Fool.com published: “What’s Next for Intel Corporation’s Big Deep-Learning Buy” on November 21, 2016. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Investorplace.com and their article: “Why Intel Corporation (INTC) Stock Needs to Catch Up Sooner Than Later” published on November 22, 2016 as well as Fool.com‘s news article titled: “This Threat to Intel Corporation Probably Isn’t Real” with publication date: November 19, 2016.

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By Darrin Black


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