Intel Corporation (NASDAQ:INTC) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 147,644,704 shares, a decrease of 0.9% from the November 15th total of 148,972,655 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily volume of 26,011,097 shares, the days-to-cover ratio is currently 5.7 days.

In other Intel news, CEO Brian M. Krzanich sold 889,878 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $44.19, for a total value of $39,323,708.82. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Stacy J. Smith sold 472,337 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $44.23, for a total transaction of $20,891,465.51. Following the completion of the transaction, the insider now owns 265,298 shares in the company, valued at $11,734,130.54. The disclosure for this sale can be found here. Insiders sold a total of 1,548,914 shares of company stock worth $68,196,589 over the last three months. 0.08% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Watermark Asset Management Inc. purchased a new position in shares of Intel in the first quarter worth $113,000. Financial Engines Advisors L.L.C. purchased a new position in shares of Intel in the third quarter worth $119,000. Acrospire Investment Management LLC raised its holdings in shares of Intel by 111.8% in the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock worth $121,000 after buying an additional 1,900 shares during the last quarter. JFS Wealth Advisors LLC raised its holdings in shares of Intel by 47.1% in the third quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock worth $147,000 after buying an additional 1,233 shares during the last quarter. Finally, Winfield Associates Inc. raised its holdings in shares of Intel by 6.0% in the second quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock worth $156,000 after buying an additional 265 shares during the last quarter. Institutional investors own 67.69% of the company’s stock.

A number of equities analysts have commented on INTC shares. Zacks Investment Research upgraded shares of Intel from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Friday, September 22nd. Canaccord Genuity upped their target price on shares of Intel from $41.00 to $45.00 and gave the stock a “hold” rating in a research note on Friday, November 17th. ValuEngine downgraded shares of Intel from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Robert W. Baird restated an “outperform” rating and issued a $45.00 target price on shares of Intel in a research note on Tuesday, September 5th. Finally, BMO Capital Markets upped their target price on shares of Intel from $34.00 to $37.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $43.97.

Shares of Intel (INTC) opened at $43.26 on Friday. The firm has a market cap of $202,460.00, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 1.58 and a beta of 1.06. Intel has a one year low of $33.23 and a one year high of $47.30. The company has a quick ratio of 1.27, a current ratio of 1.60 and a debt-to-equity ratio of 0.39.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.21. The company had revenue of $16.15 billion during the quarter, compared to the consensus estimate of $15.73 billion. Intel had a net margin of 22.31% and a return on equity of 22.65%. Intel’s revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $0.80 earnings per share. equities research analysts anticipate that Intel will post 3.25 EPS for the current year.

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Intel Company Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

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