Sebold Capital Management Inc. Has $523,000 Holdings in Intel Co. (NASDAQ:INTC)

Sebold Capital Management Inc. lowered its holdings in Intel Co. (NASDAQ:INTC) by 8.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,408 shares of the chip maker’s stock after selling 1,016 shares during the period. Sebold Capital Management Inc.’s holdings in Intel were worth $523,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Cantor Fitzgerald Investment Advisor L.P grew its holdings in Intel by 173.6% during the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 539,976 shares of the chip maker’s stock worth $26,761,000 after acquiring an additional 342,649 shares during the period. Axiom Financial Strategies LLC increased its stake in shares of Intel by 21.6% in the 1st quarter. Axiom Financial Strategies LLC now owns 5,944 shares of the chip maker’s stock valued at $260,000 after acquiring an additional 1,056 shares during the last quarter. Fairfield Bush & CO. acquired a new stake in shares of Intel in the 1st quarter valued at approximately $142,000. Retirement Income Solutions Inc boosted its stake in Intel by 5.1% during the 1st quarter. Retirement Income Solutions Inc now owns 6,338 shares of the chip maker’s stock worth $314,000 after acquiring an additional 307 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Intel by 26.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,863,459 shares of the chip maker’s stock valued at $290,593,000 after purchasing an additional 1,244,247 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

INTC has been the subject of several research analyst reports. Morgan Stanley boosted their price target on shares of Intel from $39.00 to $48.00 and gave the company an “equal weight” rating in a report on Monday, January 29th. Truist Financial dropped their price target on Intel from $47.00 to $45.00 and set a “hold” rating on the stock in a research report on Friday, January 26th. The Goldman Sachs Group raised their target price on shares of Intel from $34.00 to $39.00 and gave the stock a “sell” rating in a report on Friday, January 26th. Stifel Nicolaus upped their price target on shares of Intel from $38.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, January 2nd. Finally, HSBC cut their price objective on shares of Intel from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Friday, January 26th. Four research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Intel has an average rating of “Hold” and a consensus target price of $41.48.

Intel Trading Up 4.2 %

Shares of INTC stock opened at $43.77 on Thursday. The stock has a market cap of $185.06 billion, a P/E ratio of 112.23, a price-to-earnings-growth ratio of 4.38 and a beta of 1.00. The company has a current ratio of 1.54, a quick ratio of 1.15 and a debt-to-equity ratio of 0.43. Intel Co. has a 1 year low of $26.85 and a 1 year high of $51.28. The stock has a 50 day simple moving average of $43.98 and a 200 day simple moving average of $42.01.

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

Intel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 7th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Tuesday, February 6th. Intel’s dividend payout ratio (DPR) is 128.21%.

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.