17,789 Shares in Intel Co. (NASDAQ:INTC) Bought by Yoffe Investment Management LLC

Yoffe Investment Management LLC bought a new stake in shares of Intel Co. (NASDAQ:INTC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,789 shares of the chip maker's stock, valued at approximately $357,000.

Other institutional investors also recently bought and sold shares of the company. Synergy Investment Management LLC bought a new stake in shares of Intel in the fourth quarter worth about $27,000. Vermillion Wealth Management Inc. bought a new stake in Intel during the fourth quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in Intel during the fourth quarter worth approximately $28,000. Keystone Financial Group Inc. bought a new stake in Intel during the fourth quarter worth approximately $29,000. Finally, Conquis Financial LLC bought a new position in shares of Intel during the fourth quarter valued at approximately $32,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Up 2.5%

Shares of INTC traded up $0.50 during midday trading on Tuesday, hitting $20.55. 67,354,391 shares of the company's stock traded hands, compared to its average volume of 80,950,490. Intel Co. has a 1 year low of $17.67 and a 1 year high of $37.16. The firm's fifty day moving average is $20.99 and its 200-day moving average is $21.52. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $89.64 billion, a price-to-earnings ratio of -4.69 and a beta of 1.15.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The chip maker reported $0.13 EPS for the quarter, beating the consensus estimate of $0.01 by $0.12. Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. The firm had revenue of $12.67 billion during the quarter, compared to analyst estimates of $12.26 billion. During the same quarter in the prior year, the business posted $0.18 EPS. The business's revenue for the quarter was down .4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Intel Co. will post -0.11 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on INTC. Wall Street Zen raised Intel from a "sell" rating to a "hold" rating in a research note on Saturday. Stifel Nicolaus cut their target price on Intel from $25.00 to $21.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Seaport Res Ptn raised Intel to a "strong sell" rating in a research note on Wednesday, April 30th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, April 25th. Finally, Wells Fargo & Company dropped their price objective on Intel from $25.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Friday, April 25th. Six analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $21.57.

Intel 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.