Intel Corporation (NASDAQ:INTC) yearly performance is 46.42% and net profit margin is 15.30%. It fall, as 60 investors sold INTC shares while 703 reduced holdings. Virtue Capital Management LLC purchased a new position in shares of Intel in the 4th quarter worth $109,000. Apple's transition to Intel processors became public knowledge at the 2005 Worldwide Developers Conference (WWDC), when Apple's CEO Steve Jobs made the announcement that the company would make a transition from the use of PowerPC microprocessors supplied by Freescale and IBM in its Macintosh computers, to processors designed and manufactured by Intel, a chief supplier for most of Apple's competitors. The price volatility of stock was 4.07% for a week and 3.17% for a month. It also increased its holding in Astrazeneca Plc (NYSE:AZN) by 10,209 shares in the quarter, for a total of 601,862 shares, and has risen its stake in Golub Cap Bdc Inc (NASDAQ:GBDC). The stock increased 5.00% or $2.48 during the last trading session, reaching $52.08. Another trade for 3,072 shares valued at $144,706 was sold by Krzanich Brian M. On Wednesday, February 21 McBride Kevin Thomas sold $31,943 worth of Intel Corporation (NASDAQ:INTC) or 686 shares. Shares for $3.99 million were sold by BRYANT ANDY D on Monday, October 30. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Venkata S.M. Renduchintala sold 17,946 shares of the company's stock in a transaction that occurred on Wednesday, January 31st. This metric reflects the average amount a stock's price has differed from the mean over a period of time. The disclosure for this sale can be found here.
Several research firms have issued reports on INTC.
The group was already lower by 3 percent before the Bloomberg News report, as a renewed tumble in technology shares led broader market measures to the worst day since the early February selloff. Needham & Company LLC boosted their target price on Intel from $45.00 to $50.00 and gave the company a "buy" rating in a report on Friday, January 26th.
BidaskClub upgraded shares of Intel (NASDAQ:INTC) from a buy rating to a strong-buy rating in a research note issued to investors on Friday, March 9th. Robert W. Baird maintained the shares of DHR in report on Thursday, January 11 with "Buy" rating. The stock price of INTC is moving up from its 20 days moving average with 2.51% and isolated positively from 50 days moving average with 8.28%.
Monday's downturn notwithstanding, Intel shares remain near a multiyear high, up almost 36 percent in the past year. 14,059,147 shares of the company's stock traded hands, compared to its average volume of 36,075,191. Its quick ratio for the most recent quarter is 1.30. After $1.08 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -34.26% negative EPS growth.
Still, KeyBanc analysts in Portland estimate that works out to somewhere between $2.8 billion and $3.4 billion in annual revenue for Intel. During the same quarter in the previous year, the business posted $0.79 EPS. Shareholders of record on Monday, May 7th will be paid a $0.30 dividend. The ex-dividend date is Friday, May 4th. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Vantage Prns Ltd Liability Company has invested 1.19% in Intel Corporation (NASDAQ:INTC).
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