Sloy Dahl & Holst LLC Sells 3,878 Shares of Intel Co. (NASDAQ:INTC)

Sloy Dahl & Holst LLC reduced its holdings in shares of Intel Co. (NASDAQ:INTC) by 27.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,226 shares of the chip maker’s stock after selling 3,878 shares during the period. Sloy Dahl & Holst LLC’s holdings in Intel were worth $205,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Finley Financial LLC bought a new stake in shares of Intel during the 4th quarter worth $25,000. Quest Partners LLC lifted its position in shares of Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after buying an additional 1,253 shares during the last quarter. West Financial Advisors LLC bought a new stake in shares of Intel during the 4th quarter worth $31,000. Groupama Asset Managment lifted its position in shares of Intel by 6.3% during the 3rd quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock worth $32,000 after buying an additional 8,084 shares during the last quarter. Finally, Sawyer & Company Inc bought a new stake in shares of Intel during the 4th quarter worth $32,000. 64.53% of the stock is currently owned by institutional investors.

Intel Price Performance

Intel stock opened at $19.38 on Tuesday. Intel Co. has a 1-year low of $18.51 and a 1-year high of $46.63. The firm’s fifty day moving average price is $20.78 and its two-hundred day moving average price is $22.34. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. Research analysts expect that Intel Co. will post 0.19 EPS for the current year.

Insider Buying and Selling at Intel

In related news, EVP Michelle Johnston Holthaus sold 25,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $26.00, for a total transaction of $650,000.00. Following the transaction, the executive vice president now directly owns 273,258 shares of the company’s stock, valued at $7,104,708. This trade represents a 8.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INTC. Bank of America restated an “underperform” rating and set a $21.00 price objective on shares of Intel in a research report on Tuesday, December 3rd. Truist Financial dropped their target price on Intel from $22.00 to $21.00 and set a “hold” rating for the company in a research report on Friday. Roth Mkm reduced their price target on Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday. Hsbc Global Res upgraded Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, UBS Group reduced their target price on shares of Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target 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.