Savant Capital LLC Purchases 89,437 Shares of Intel Co. (NASDAQ:INTC)

Savant Capital LLC boosted its holdings in shares of Intel Co. (NASDAQ:INTC) by 62.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 232,918 shares of the chip maker’s stock after buying an additional 89,437 shares during the quarter. Savant Capital LLC’s holdings in Intel were worth $4,670,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of INTC. Angeles Wealth Management LLC boosted its holdings in shares of Intel by 5.7% in the 4th quarter. Angeles Wealth Management LLC now owns 12,520 shares of the chip maker’s stock valued at $251,000 after buying an additional 676 shares in the last quarter. Compass Financial Services Inc acquired a new stake in Intel in the fourth quarter valued at approximately $54,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Intel during the fourth quarter worth $100,000. Kestra Private Wealth Services LLC boosted its position in shares of Intel by 9.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 154,098 shares of the chip maker’s stock worth $3,090,000 after purchasing an additional 13,192 shares in the last quarter. Finally, Entropy Technologies LP increased its position in Intel by 90.2% during the 4th quarter. Entropy Technologies LP now owns 293,790 shares of the chip maker’s stock valued at $5,890,000 after buying an additional 139,301 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on INTC shares. Truist Financial cut their price target on shares of Intel from $22.00 to $21.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Benchmark reissued a “hold” rating on shares of Intel in a research report on Friday, January 31st. Rosenblatt Securities reaffirmed a “sell” rating and issued a $20.00 price objective on shares of Intel in a report on Thursday, January 30th. Stifel Nicolaus reduced their target price on shares of Intel from $25.00 to $21.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, Roth Mkm lowered their price target on shares of Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $26.60.

Intel Trading Up 6.1 %

INTC stock opened at $20.97 on Wednesday. The business’s 50-day moving average is $20.23 and its 200 day moving average is $21.78. Intel Co. has a 12-month low of $18.51 and a 12-month high of $46.63. The stock has a market cap of $90.80 billion, a price-to-earnings ratio of -4.79 and a beta of 1.08. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. On average, sell-side analysts anticipate that Intel Co. will post -0.11 EPS for the current fiscal year.

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.