Investors purchased shares of Intel Corp. (NASDAQ:INTC) on weakness during trading hours on Friday. $153.74 million flowed into the stock on the tick-up and $85.47 million flowed out of the stock on the tick-down, for a money net flow of $68.27 million into the stock. Of all equities tracked, Intel Corp. had the 20th highest net in-flow for the day. Intel Corp. traded down ($0.13) for the day and closed at $35.07

Several research analysts have commented on the stock. Citigroup Inc. restated a “neutral” rating and issued a $35.00 target price (up previously from $31.00) on shares of Intel Corp. in a research report on Thursday, June 30th. Sanford C. Bernstein set a $26.00 price target on shares of Intel Corp. and gave the stock a “sell” rating in a research note on Monday, May 30th. B. Riley reaffirmed a “buy” rating and issued a $40.00 price target on shares of Intel Corp. in a research note on Monday, April 4th. Robert W. Baird reaffirmed an “outperform” rating and issued a $38.00 price target on shares of Intel Corp. in a research note on Sunday, March 20th. Finally, Brean Capital reaffirmed a “buy” rating and issued a $36.00 price target on shares of Intel Corp. in a research note on Thursday, April 21st. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirty-one have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $36.04.

The stock has a market capitalization of $165.60 billion and a P/E ratio of 14.98. The stock’s 50-day moving average is $32.50 and its 200-day moving average is $31.32.

Intel Corp. (NASDAQ:INTC) last posted its earnings results on Tuesday, April 19th. The chip maker reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.06. During the same period last year, the firm posted $0.41 earnings per share. The business had revenue of $13.80 billion for the quarter, compared to analysts’ expectations of $13.83 billion. Intel Corp.’s quarterly revenue was up 8.0% on a year-over-year basis. On average, analysts expect that Intel Corp. will post $2.41 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Sunday, August 7th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, August 3rd. This represents a $1.04 annualized dividend and a dividend yield of 2.97%.

In related news, Chairman Andy D. Bryant sold 185,740 shares of the company’s stock in a transaction on Thursday, April 21st. The stock was sold at an average price of $31.98, for a total value of $5,939,965.20. Following the sale, the chairman now directly owns 386,731 shares of the company’s stock, valued at $12,367,657.38. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Brian M. Krzanich sold 71,413 shares of the company’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of $32.73, for a total value of $2,337,347.49. Following the completion of the sale, the chief executive officer now directly owns 435,796 shares in the company, valued at $14,263,603.08. The disclosure for this sale can be found here.

A number of large investors have recently modified their holdings of INTC. Balasa Dinverno & Foltz LLC boosted its stake in shares of Intel Corp. by 0.4% in the fourth quarter. Balasa Dinverno & Foltz LLC now owns 50,276 shares of the chip maker’s stock valued at $1,732,000 after buying an additional 208 shares during the last quarter. Bollard Group LLC boosted its stake in shares of Intel Corp. by 0.7% in the fourth quarter. Bollard Group LLC now owns 31,159 shares of the chip maker’s stock valued at $1,073,000 after buying an additional 215 shares during the last quarter. Holderness Investments Co. boosted its stake in shares of Intel Corp. by 0.3% in the fourth quarter. Holderness Investments Co. now owns 77,832 shares of the chip maker’s stock valued at $2,681,000 after buying an additional 237 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its stake in shares of Intel Corp. by 1.0% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 31,704 shares of the chip maker’s stock valued at $1,092,000 after buying an additional 310 shares during the last quarter. Finally, Johnson Financial Group Inc. boosted its stake in shares of Intel Corp. by 0.3% in the fourth quarter. Johnson Financial Group Inc. now owns 107,153 shares of the chip maker’s stock valued at $3,691,000 after buying an additional 364 shares during the last quarter.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. 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.

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