Intel Corp. (INTC) Shares Bought by Alpine Investment Management LLC

A look on the firm performance, its monthly performance is 6.62% and a quarterly performance of 8.42%. Following the completion of the sale, the chief executive officer now owns 462,054 shares in the company, valued at approximately $14,023,338.90.

The current EPS (earnings per share) of INTC is 2.35. Bristlecone Advisors LLC now owns 40,610 shares of the chip maker’s stock worth $1,314,000 after buying an additional 11,015 shares in the last quarter. New England Research Management boosted its stake in INTC in the latest quarter, The investment management firm added 7,300 additional shares and now holds a total of 47,833 shares of Intel Corporation which is valued at $1,563,182. The highest share price NASDAQ:INTC shares have reached in the prior twelve months is 35.59 with the lowest being 24.87. Sanford C. Bernstein upgraded shares of Intel Corp. from an “underperform” rating to a “market perform” rating and lifted their target price for the stock from $26.00 to $30.00 in a research note on Friday, July 8th. The disclosure for this sale can be found here. DIAM Co. Ltd. now owns 654,589 shares of the chip maker’s stock worth $23,039,000 after buying an additional 122,862 shares during the last quarter. GW Henssler & Associates Ltd. raised its position in Intel Corp.by 0.7% in the fourth quarter. One week ago, shares have been suggested as “BUY” from “8” brokerage firms and recommended as “Strong Buy” by “2” brokerage firms. Finally, Hosking Partners LLP raised its position in Intel Corp.by 1.3% in the fourth quarter.

Cowen noted in the report that this is a huge “psychological win” for Intel, as it could potentially expand to other deals, like Intel providing foundry support, which means it could start producing the actual chips for Apple as well. Citigroup Inc. reiterated a “neutral” rating and issued a $35.00 target price on shares of Intel Corp.in a research note on Tuesday. Robert W. Baird reiterated an “outperform” rating and issued a $38.00 price target on shares of Intel Corp.in a research note on Sunday, March 20th. The stock price is trading upbeat from its 200 days moving average with 7.95% and up from 50 days moving average with 8.76%. 15 analysts have rated the company as a strong “Hold”.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s operating segments include the PC Client Group (PCCG) the Data Center Group (DCG) the Internet of Things Group (IOTG) the Mobile and Communications Group (MCG) the software and services (SSG) and all other. The Company’s platforms are used to deliver a range of computing experiences in notebooks 2 in 1 systems desktops servers tablets smartphones and the Internet of Things.