Intel (NASDAQ:INTC)‘s stock had its “hold” rating reiterated by stock analysts at Oppenheimer in a research report issued on Thursday.

INTC has been the topic of several other research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $40.00 target price (up previously from $37.00) on shares of Intel in a research note on Friday, October 6th. KeyCorp reissued a “buy” rating and set a $50.00 price objective on shares of Intel in a research note on Friday, October 27th. Needham & Company LLC reissued a “buy” rating and set a $43.00 price objective on shares of Intel in a research note on Friday, October 27th. Deutsche Bank reissued a “buy” rating and set a $45.00 price objective on shares of Intel in a research note on Friday, October 27th. Finally, Zacks Investment Research lowered shares of Intel from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $44.43.

Shares of Intel (INTC) traded down $1.59 during midday trading on Thursday, hitting $45.26. 116,478,900 shares of the stock traded hands, compared to its average volume of 69,909,352. The company has a market cap of $206,640.00, a price-to-earnings ratio of 15.88, a PEG ratio of 1.70 and a beta of 1.06. 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 has a one year low of $33.23 and a one year high of $47.64.

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

In other news, CEO Brian M. Krzanich sold 889,878 shares of Intel stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $44.19, for a total value of $39,323,708.82. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of Intel stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $46.73, for a total transaction of $66,543.52. Following the completion of the sale, the insider now owns 1,536 shares in the company, valued at $71,777.28. The disclosure for this sale can be found here. Insiders sold 1,487,054 shares of company stock worth $65,800,132 over the last quarter. 0.08% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Day & Ennis LLC boosted its position in shares of Intel by 0.4% in the second quarter. Day & Ennis LLC now owns 7,459 shares of the chip maker’s stock valued at $245,000 after acquiring an additional 27 shares during the period. Jackson Grant Investment Advisers Inc. boosted its position in shares of Intel by 0.4% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 7,785 shares of the chip maker’s stock valued at $263,000 after acquiring an additional 29 shares during the period. Chelsea Counsel Company boosted its position in shares of Intel by 0.3% in the third quarter. Chelsea Counsel Company now owns 11,312 shares of the chip maker’s stock valued at $341,000 after acquiring an additional 33 shares during the period. D. Scott Neal Inc. boosted its position in shares of Intel by 0.7% in the second quarter. D. Scott Neal Inc. now owns 4,969 shares of the chip maker’s stock valued at $163,000 after acquiring an additional 35 shares during the period. Finally, Sfmg LLC boosted its position in shares of Intel by 0.6% in the third quarter. Sfmg LLC now owns 6,354 shares of the chip maker’s stock valued at $240,000 after acquiring an additional 35 shares during the period. Institutional investors own 67.54% of the company’s stock.

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About Intel

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).

Analyst Recommendations for Intel (NASDAQ:INTC)

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