Traders purchased shares of Intel Corp. (NASDAQ:INTC) on weakness during trading hours on Tuesday. $112.44 million flowed into the stock on the tick-up and $73.13 million flowed out of the stock on the tick-down, for a money net flow of $39.31 million into the stock. Of all stocks tracked, Intel Corp. had the 9th highest net in-flow for the day. Intel Corp. traded down ($0.29) for the day and closed at $34.56

A number of research analysts have commented on INTC shares. B. Riley reaffirmed a “buy” rating and set a $40.00 target price on shares of Intel Corp. in a report on Monday, April 4th. BNP Paribas downgraded Intel Corp. from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $40.00 to $35.00 in a report on Monday, April 4th. Robert W. Baird reaffirmed an “outperform” rating and set a $38.00 target price on shares of Intel Corp. in a report on Monday, April 4th. Canaccord Genuity reaffirmed a “buy” rating and set a $38.00 target price on shares of Intel Corp. in a report on Monday, April 4th. Finally, Exane BNP Paribas downgraded Intel Corp. from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $40.00 to $35.00 in a report on Monday, April 4th. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and twenty-nine have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $36.76.

The firm has a 50-day moving average of $33.54 and a 200-day moving average of $31.47. The company has a market capitalization of $163.43 billion and a PE ratio of 16.76.

Intel Corp. (NASDAQ:INTC) last released its quarterly earnings results on Wednesday, July 20th. The chip maker reported $0.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.06. During the same period in the prior year, the company earned $0.55 earnings per share. The company earned $13.50 billion during the quarter, compared to the consensus estimate of $13.54 billion. The firm’s revenue was up 2.6% compared to the same quarter last year. On average, equities analysts expect that Intel Corp. will post $2.50 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Sunday, August 7th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, August 3rd. This represents a $1.04 annualized dividend and a yield of 3.01%.

In other news, CEO Brian M. Krzanich sold 71,413 shares of the firm’s stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $30.35, for a total transaction of $2,167,384.55. Following the transaction, the chief executive officer now directly owns 462,054 shares of the company’s stock, valued at $14,023,338.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Venkata S. M. Renduchintala sold 13,997 shares of the firm’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $34.71, for a total transaction of $485,835.87. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have made changes to their positions in the company. Paragon Capital Management LLC boosted its position in shares of Intel Corp. by 6.5% in the fourth quarter. Paragon Capital Management LLC now owns 276,502 shares of the chip maker’s stock valued at $9,525,000 after buying an additional 16,940 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in Intel Corp. during the fourth quarter valued at about $39,295,000. Swiss National Bank raised its stake in Intel Corp. by 2.1% in the fourth quarter. Swiss National Bank now owns 8,641,802 shares of the chip maker’s stock valued at $297,710,000 after buying an additional 176,100 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Intel Corp. by 1.2% in the fourth quarter. Checchi Capital Advisers LLC now owns 60,858 shares of the chip maker’s stock valued at $2,097,000 after buying an additional 699 shares in the last quarter. Finally, Carnegie Capital Asset Management LLC raised its stake in Intel Corp. by 6.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 39,954 shares of the chip maker’s stock valued at $1,231,000 after buying an additional 2,423 shares in 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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