Intel Co. (INTC) EVP Steven Ralph Rodgers Sells 2,235 Shares

Intel Co. (NASDAQ:INTC) EVP Steven Ralph Rodgers sold 2,235 shares of the firm’s stock in a transaction that occurred on Friday, October 26th. The shares were sold at an average price of $45.66, for a total value of $102,050.10. Following the completion of the sale, the executive vice president now directly owns 30,324 shares of the company’s stock, valued at approximately $1,384,593.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Steven Ralph Rodgers also recently made the following trade(s):

  • On Thursday, August 2nd, Steven Ralph Rodgers sold 1,251 shares of Intel stock. The shares were sold at an average price of $48.37, for a total value of $60,510.87.

Shares of Intel stock opened at $47.76 on Wednesday. The firm has a market cap of $213.75 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 1.20 and a beta of 0.97. Intel Co. has a 12 month low of $42.04 and a 12 month high of $57.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.13 and a current ratio of 1.51.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 25th. The chip maker reported $1.40 EPS for the quarter, topping the Zacks’ consensus estimate of $1.15 by $0.25. The business had revenue of $19.16 billion for the quarter, compared to analyst estimates of $18.11 billion. Intel had a return on equity of 29.64% and a net margin of 21.91%. Research analysts anticipate that Intel Co. will post 4.53 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, December 1st. Investors of record on Wednesday, November 7th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, November 6th. This represents a $1.20 dividend on an annualized basis and a yield of 2.51%. Intel’s dividend payout ratio (DPR) is currently 34.68%.

INTC has been the topic of several analyst reports. Morningstar set a $65.00 target price on Intel and gave the company a “buy” rating in a research report on Monday, October 1st. BidaskClub cut Intel from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. Morgan Stanley cut Intel from an “equal” rating to a “weight” rating in a research report on Monday, October 1st. Nomura reaffirmed a “neutral” rating and set a $50.00 target price on shares of Intel in a research report on Friday, August 10th. Finally, Macquarie set a $60.00 target price on Intel and gave the company a “buy” rating in a research report on Sunday, September 30th. Six analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twenty-two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $55.33.

A number of institutional investors have recently modified their holdings of INTC. Dimensional Fund Advisors LP raised its stake in shares of Intel by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 51,466,042 shares of the chip maker’s stock valued at $2,558,294,000 after buying an additional 559,856 shares during the period. LSV Asset Management raised its stake in shares of Intel by 1.2% in the second quarter. LSV Asset Management now owns 25,064,455 shares of the chip maker’s stock valued at $1,245,954,000 after buying an additional 304,293 shares during the period. Fisher Asset Management LLC raised its stake in shares of Intel by 3.1% in the third quarter. Fisher Asset Management LLC now owns 24,155,799 shares of the chip maker’s stock valued at $1,142,328,000 after buying an additional 720,022 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Intel by 9.1% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 15,714,536 shares of the chip maker’s stock valued at $781,170,000 after buying an additional 1,308,534 shares during the period. Finally, Swiss National Bank raised its stake in shares of Intel by 3.1% in the second quarter. Swiss National Bank now owns 15,473,602 shares of the chip maker’s stock valued at $769,193,000 after buying an additional 458,600 shares during the period. Institutional investors and hedge funds own 65.40% of the company’s stock.

Intel Company Profile

Intel Corporation designs, manufactures, and sells computer, networking, data storage, and communication platforms worldwide. The company operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments.

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

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