Intel Co. (NASDAQ:INTC) insider Venkata S. M. Renduchintala sold 1,502 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $44.58, for a total transaction of $66,959.16. Following the transaction, the insider now owns 1,536 shares in the company, valued at $68,474.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Intel Co. (INTC) opened at $43.95 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.69 and a quick ratio of 1.29. The company has a market cap of $205,686.00, a P/E ratio of 22.20, a PEG ratio of 1.49 and a beta of 1.07. Intel Co. has a 1 year low of $33.23 and a 1 year high of $50.85.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.22. The business had revenue of $17.05 billion for the quarter, compared to the consensus estimate of $16.34 billion. Intel had a net margin of 15.30% and a return on equity of 24.33%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 earnings per share. sell-side analysts predict that Intel Co. will post 3.51 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, February 7th will be paid a dividend of $0.30 per share. This is an increase from Intel’s previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 2.73%. Intel’s dividend payout ratio is presently 60.61%.

Several brokerages have weighed in on INTC. KeyCorp restated a “buy” rating and set a $50.00 target price on shares of Intel in a research report on Friday, October 27th. Needham & Company LLC restated a “buy” rating and set a $43.00 target price on shares of Intel in a research report on Friday, October 27th. Deutsche Bank restated a “buy” rating and set a $45.00 target price on shares of Intel in a research report on Friday, October 27th. Morningstar set a $41.00 target price on shares of Intel and gave the stock a “neutral” rating in a research report on Friday, January 26th. Finally, Morgan Stanley upped their target price on shares of Intel from $39.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $49.26.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Goodman Financial Corp purchased a new position in shares of Intel during the fourth quarter valued at approximately $102,000. Delphi Private Advisors LLC raised its stake in Intel by 286.1% during the fourth quarter. Delphi Private Advisors LLC now owns 2,911 shares of the chip maker’s stock worth $134,000 after purchasing an additional 2,157 shares during the period. First Dallas Securities Inc. purchased a new position in Intel during the fourth quarter worth approximately $144,000. Financial Engines Advisors L.L.C. purchased a new position in Intel during the third quarter worth approximately $119,000. Finally, Acrospire Investment Management LLC raised its stake in Intel by 111.8% during the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock worth $121,000 after purchasing an additional 1,900 shares during the period. 67.43% of the stock is currently owned by institutional investors and hedge funds.

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About Intel

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Insider Buying and Selling by Quarter for Intel (NASDAQ:INTC)

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