Intel Corporation (NASDAQ:INTC) Shares Sold by First Bank & Trust

First Republic Investment Management Inc. now owns 2,730,466 shares of the chip maker’s stock valued at $99,035,000 after buying an additional 193,267 shares during the period. First Bank & Trust’s holdings in Intel Corporation were worth $359,000 as of its most recent SEC filing. Vigilant Capital Management LLC boosted its position in Intel Corporation by 22.6% in the first quarter. Fisher Asset Management LLC now owns 20,167,657 shares of the chip maker’s stock worth $727,447,000 after buying an additional 207,118 shares in the last quarter. Norges Bank bought a new stake in shares of Intel Corporation during the fourth quarter worth $1,684,790,000. Sigma Planning Corp raised its stake in Intel Corporation by 0.5% in the first quarter. Ltd. now owns 4,040 shares of the chip maker’s stock valued at $146,000 after buying an additional 1,400 shares in the last quarter. Motley Fool Asset Management Lc invested 1.76% of its portfolio in Intel Corporation (NASDAQ:INTC). Jefferies Group LLC reissued an “underperform” rating and set a $30.00 price objective (up from $29.00) on shares of Intel Corporation in a research report on Friday, July 28th.

Intel Corporation (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 27th. Nations Financial Group Inc. The fund owned 196,323 shares of the chip maker’s stock after buying an additional 2,682 shares during the period.

Shares of Intel Corporation (NASDAQ INTC) opened at 35.87 on Wednesday. Wright Investors Ser Incorporated has 1.31% invested in Intel Corporation (NASDAQ:INTC). Whereas its latest closing price kept its distance from the SMA20 at 2.20% and 2.98% from SMA 50 while it was Bullish 1.17% from the simple moving average price of 200 days.

Stock market capitalization can allow investors to understand the relative size of one company versus another, ignoring specifics about capital structure that cause the share price of one firm to be higher than another firm.

TRADEMARK VIOLATION WARNING: “Level Four Advisory Services LLC Has $2.74 Million Stake in Intel Corporation (NASDAQ:INTC)” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. The chip maker reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $14.76 billion during the quarter, compared to analysts’ expectations of $14.39 billion. During the same period in the previous year, the business earned $0.59 earnings per share. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. Brokerage firms predict that Intel Corporation to post $3.01 EPS for the present financial year.

Intel Corporation recently declared a dividend for shareholders payable on Friday the 1st of September 2017. Stockholders of record on Monday, August 7th will be issued a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 3.02%. The ex-dividend date has been established as Thursday the 3rd of August 2017. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 0.18% invested in Intel Corporation (NASDAQ:INTC).

COPYRIGHT VIOLATION NOTICE: “Bourne Lent Asset Management Inc”. Bank of America Corporation downgraded shares of Intel Corporation from a buy rating to a neutral rating and dropped their price objective for the stock from $42.00 to $38.00 in a report on Wednesday, June 21st. If you are viewing this piece of content on another publication, it was stolen and republished in violation of worldwide trademark & copyright legislation. The legal version of this article can be read at https://weekherald.com/2017/08/12/dowling-yahnke-llc-buys-2682-shares-of-intel-corporation-nasdaqintc-updated-updated.html.

INTC has been the topic of a number of analyst reports. Finally, Charter Equity reaffirmed a “buy” rating on shares of Intel Corporation in a report on Sunday, July 30th. Oppenheimer maintained Intel Corporation (NASDAQ:INTC) on Wednesday, June 14 with “Hold” rating. Five research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twenty-six have assigned a buy rating to the company.

Among 51 analysts covering Facebook (NASDAQ:FB), 47 have Buy rating, 2 Sell and 2 Hold. The stock has a consensus rating of “Hold” and a consensus target price of $40.55. Also, insider Venkata S.M. Renduchintala sold 13,996 shares of Intel Corporation stock in a transaction dated Monday, July 31st. Lord Abbett & Company sold 426,780 shares as Intel Corp Com (INTC)’s stock declined 2.96%. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The shares were bought at an average cost of $36.31 per share, for a total transaction of $504,273.28. Following the sale, the insider now directly owns 1,536 shares of the company’s stock, valued at $55,910.40. The disclosure for this sale can be found here. $480.86M worth of Facebook Inc (NASDAQ:FB) was sold by Koum Jan. Wehner David M. sold 20,000 shares worth $3.00M.

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud.