Intel Co. (NASDAQ:INTC) Shares Sold by Naples Global Advisors LLC

Naples Global Advisors LLC trimmed its position in Intel Co. (NASDAQ:INTC) by 72.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,140 shares of the chip maker’s stock after selling 39,213 shares during the period. Naples Global Advisors LLC’s holdings in Intel were worth $304,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of INTC. Finley Financial LLC acquired a new position in shares of Intel during the 4th quarter worth approximately $25,000. Keystone Financial Group Inc. purchased a new stake in shares of Intel during the 4th quarter valued at approximately $29,000. Quest Partners LLC raised its position in shares of Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after buying an additional 1,253 shares during the period. West Financial Advisors LLC purchased a new stake in shares of Intel during the 4th quarter valued at approximately $31,000. Finally, Groupama Asset Managment raised its position in shares of Intel by 6.3% during the 3rd quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock valued at $32,000 after buying an additional 8,084 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on INTC shares. Barclays reduced their price target on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Hsbc Global Res raised shares of Intel from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Roth Mkm cut their target price on Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Northland Securities cut their target price on Intel from $42.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Wells Fargo & Company cut their target price on Intel from $28.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.60.

Intel Stock Performance

NASDAQ INTC opened at $23.60 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. Intel Co. has a 1 year low of $18.51 and a 1 year high of $46.63. The company has a market capitalization of $102.19 billion, a PE ratio of -5.39 and a beta of 1.08. The company has a fifty day moving average of $20.28 and a two-hundred day moving average of $21.73.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. As a group, analysts expect that Intel Co. will post -0.11 earnings per share for the current year.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.