Investors sold shares of Intel Corp. (NASDAQ:INTC) on strength during trading hours on Monday. $52.65 million flowed into the stock on the tick-up and $73.97 million flowed out of the stock on the tick-down, for a money net flow of $21.32 million out of the stock. Of all equities tracked, Intel Corp. had the 25th highest net out-flow for the day. Intel Corp. traded up $0.06 for the day and closed at $36.08

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Intel Corp. from a “buy” rating to a “hold” rating in a research report on Monday. Bank of America Corp. reissued a “buy” rating and issued a $42.00 price target on shares of Intel Corp. in a research report on Sunday. Wells Fargo & Co. reissued a “buy” rating on shares of Intel Corp. in a research report on Sunday. Vetr raised shares of Intel Corp. from a “sell” rating to a “hold” rating and set a $35.27 price target for the company in a research report on Thursday. Finally, Roth Capital assumed coverage on shares of Intel Corp. in a research report on Thursday. They issued a “buy” rating and a $40.00 price target for the company. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and twenty-eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $37.45.

The stock has a market cap of $170.69 billion and a PE ratio of 17.50. The company’s 50-day moving average price is $35.02 and its 200 day moving average price is $32.31.

Intel Corp. (NASDAQ:INTC) last issued its quarterly earnings results on Wednesday, July 20th. The chip maker reported $0.59 EPS for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.06. The business had revenue of $13.50 billion for the quarter, compared to the consensus estimate of $13.54 billion. The business’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 earnings per share. On average, equities research analysts predict that Intel Corp. will post $2.50 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Sunday, August 7th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, August 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 2.88%.

In related news, VP Gregory R. Pearson sold 5,662 shares of Intel Corp. stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of $34.87, for a total transaction of $197,433.94. Following the sale, the vice president now directly owns 86,635 shares in the company, valued at $3,020,962.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Andy D. Bryant sold 445,095 shares of Intel Corp. stock in a transaction on Monday, July 25th. The stock was sold at an average price of $34.69, for a total value of $15,440,345.55. Following the sale, the chairman now owns 399,557 shares in the company, valued at $13,860,632.33. The disclosure for this sale can be found here.

Other hedge funds have modified their holdings of the company. QCI Asset Management Inc. NY raised its stake in shares of Intel Corp. by 0.5% in the fourth quarter. QCI Asset Management Inc. NY now owns 398,366 shares of the chip maker’s stock worth $13,724,000 after buying an additional 1,860 shares during the period. Alerus Investment Advisors Corp raised its stake in shares of Intel Corp. by 11.8% in the fourth quarter. Alerus Investment Advisors Corp now owns 51,301 shares of the chip maker’s stock valued at $1,768,000 after buying an additional 5,407 shares during the last quarter. Atlantic Trust Group LLC raised its stake in shares of Intel Corp. by 1.0% in the fourth quarter. Atlantic Trust Group LLC now owns 568,478 shares of the chip maker’s stock valued at $19,584,000 after buying an additional 5,523 shares during the last quarter. LS Investment Advisors LLC raised its stake in shares of Intel Corp. by 14.2% in the fourth quarter. LS Investment Advisors LLC now owns 219,735 shares of the chip maker’s stock valued at $7,570,000 after buying an additional 27,285 shares during the last quarter. Finally, Gulf International Bank UK Ltd raised its stake in shares of Intel Corp. by 2.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 1,408,387 shares of the chip maker’s stock valued at $48,519,000 after buying an additional 34,300 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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