RFG Holdings Inc. Has $598,000 Holdings in Intel Co. (NASDAQ:INTC)

RFG Holdings Inc. raised its position in Intel Co. (NASDAQ:INTC) by 56.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,795 shares of the chip maker’s stock after purchasing an additional 10,737 shares during the period. RFG Holdings Inc.’s holdings in Intel were worth $598,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Czech National Bank raised its holdings in shares of Intel by 7.2% in the third quarter. Czech National Bank now owns 869,233 shares of the chip maker’s stock valued at $20,392,000 after purchasing an additional 58,021 shares during the last quarter. Melone Private Wealth LLC bought a new position in Intel in the third quarter valued at $242,000. Azzad Asset Management Inc. ADV increased its stake in Intel by 2.9% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 35,489 shares of the chip maker’s stock valued at $833,000 after buying an additional 998 shares during the last quarter. Everpar Advisors LLC lifted its position in Intel by 5.1% during the 3rd quarter. Everpar Advisors LLC now owns 10,326 shares of the chip maker’s stock worth $242,000 after buying an additional 504 shares in the last quarter. Finally, MKT Advisors LLC boosted its stake in shares of Intel by 4.8% during the 3rd quarter. MKT Advisors LLC now owns 10,762 shares of the chip maker’s stock worth $241,000 after buying an additional 490 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Down 0.5 %

Shares of INTC opened at $19.28 on Tuesday. 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 Co. has a 12 month low of $18.51 and a 12 month high of $46.63. The firm’s 50 day moving average is $20.78 and its 200-day moving average is $22.34. The stock has a market capitalization of $83.16 billion, a PE ratio of -4.39, a P/E/G ratio of 9.49 and a beta of 1.08.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) 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%. Equities research analysts forecast that Intel Co. will post 0.19 EPS for the current year.

Insider Buying and Selling at Intel

In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $26.00, for a total transaction of $650,000.00. Following the completion of the sale, the executive vice president now owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. This represents a 8.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.04% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on INTC. HSBC upgraded Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Truist Financial cut their price objective on Intel from $22.00 to $21.00 and set a “hold” rating for the company in a report on Friday. UBS Group decreased their target price on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, January 21st. Barclays dropped their price target on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, Roth Mkm decreased their price objective on shares of Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday. Five 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, Intel currently has an average rating of “Hold” and an average target price of $26.60.

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.