Well Done LLC Sells 628 Shares of Intel Co. (NASDAQ:INTC)

Well Done LLC decreased its holdings in Intel Co. (NASDAQ:INTC) by 3.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 17,175 shares of the chip maker’s stock after selling 628 shares during the period. Well Done LLC’s holdings in Intel were worth $863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CVA Family Office LLC boosted its position in Intel by 14.0% in the third quarter. CVA Family Office LLC now owns 6,573 shares of the chip maker’s stock valued at $234,000 after buying an additional 808 shares in the last quarter. Shepherd Financial Partners LLC grew its position in Intel by 3.4% during the 2nd quarter. Shepherd Financial Partners LLC now owns 18,339 shares of the chip maker’s stock worth $613,000 after acquiring an additional 607 shares during the last quarter. Vanguard Capital Wealth Advisors increased its holdings in Intel by 1.3% in the 3rd quarter. Vanguard Capital Wealth Advisors now owns 45,368 shares of the chip maker’s stock worth $1,613,000 after purchasing an additional 574 shares in the last quarter. Waverly Advisors LLC raised its position in Intel by 14.9% in the third quarter. Waverly Advisors LLC now owns 56,846 shares of the chip maker’s stock valued at $2,021,000 after purchasing an additional 7,362 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Intel by 44.4% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 82,667 shares of the chip maker’s stock valued at $3,876,000 after purchasing an additional 25,428 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Activity

In related news, CEO Patrick P. Gelsinger bought 2,800 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was acquired at an average cost of $42.74 per share, for a total transaction of $119,672.00. Following the completion of the transaction, the chief executive officer now directly owns 31,275 shares in the company, valued at approximately $1,336,693.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Patrick P. Gelsinger bought 3,000 shares of the business’s stock in a transaction on Monday, January 29th. The stock was acquired at an average price of $43.36 per share, with a total value of $130,080.00. Following the completion of the purchase, the chief executive officer now directly owns 28,475 shares in the company, valued at $1,234,676. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Patrick P. Gelsinger acquired 2,800 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was acquired at an average cost of $42.74 per share, with a total value of $119,672.00. Following the purchase, the chief executive officer now directly owns 31,275 shares in the company, valued at approximately $1,336,693.50. The disclosure for this purchase can be found here. Corporate insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

INTC has been the subject of a number of research reports. Mizuho dropped their price objective on shares of Intel from $58.00 to $55.00 and set a “buy” rating for the company in a report on Friday, January 26th. HSBC cut their target price on Intel from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Friday, January 26th. Susquehanna increased their price target on Intel from $38.00 to $42.00 and gave the stock a “neutral” rating in a report on Thursday, January 18th. Barclays boosted their target price on Intel from $32.00 to $44.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 16th. Finally, Rosenblatt Securities restated a “sell” rating and set a $17.00 price objective on shares of Intel in a report on Friday, February 23rd. Four equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average target price of $41.48.

Intel Price Performance

INTC traded up $1.35 during trading on Wednesday, reaching $43.34. 30,193,119 shares of the company were exchanged, compared to its average volume of 44,849,613. Intel Co. has a 12-month low of $26.85 and a 12-month high of $51.28. The company’s 50-day moving average is $44.08 and its two-hundred day moving average is $41.98. The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.43. The company has a market cap of $183.24 billion, a price-to-earnings ratio of 111.11, a P/E/G ratio of 4.36 and a beta of 1.00.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 25th. The chip maker reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.27. The company had revenue of $15.40 billion during the quarter, compared to analyst estimates of $15.16 billion. Intel had a net margin of 3.11% and a return on equity of 1.64%. Intel’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. Research analysts forecast that Intel Co. will post 0.64 earnings per share for the current fiscal year.

Intel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 7th were given a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.15%. Intel’s dividend payout ratio (DPR) is presently 128.21%.

About Intel

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.