S&CO Inc. Has $5.72 Million Position in Intel Co. (INTC)

S&CO Inc. lowered its stake in shares of Intel Co. (NASDAQ:INTC) by 44.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,284 shares of the chip maker’s stock after selling 120,515 shares during the quarter. S&CO Inc.’s holdings in Intel were worth $5,723,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Acrospire Investment Management LLC lifted its stake in Intel by 111.8% during the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock worth $121,000 after purchasing an additional 1,900 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in Intel by 47.1% during the third quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock worth $147,000 after purchasing an additional 1,233 shares during the last quarter. Family Capital Trust Co lifted its stake in Intel by 350.0% during the third quarter. Family Capital Trust Co now owns 4,500 shares of the chip maker’s stock worth $171,000 after purchasing an additional 3,500 shares during the last quarter. Winfield Associates Inc. lifted its stake in Intel by 6.0% during the second quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock worth $156,000 after purchasing an additional 265 shares during the last quarter. Finally, Burt Wealth Advisors lifted its stake in Intel by 236.1% during the second quarter. Burt Wealth Advisors now owns 4,941 shares of the chip maker’s stock worth $166,000 after purchasing an additional 3,471 shares during the last quarter. 67.56% of the stock is currently owned by institutional investors and hedge funds.

Intel Co. (NASDAQ INTC) opened at $43.24 on Tuesday. The stock has a market capitalization of $202,363.20, a price-to-earnings ratio of 15.12, a P/E/G ratio of 1.56 and a beta of 1.06. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39. Intel Co. has a 12-month low of $33.23 and a 12-month high of $47.64.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.21. Intel had a return on equity of 22.65% and a net margin of 22.31%. The business had revenue of $16.15 billion during the quarter, compared to analyst estimates of $15.73 billion. During the same period last year, the company earned $0.80 EPS. Intel’s revenue for the quarter was up 2.4% compared to the same quarter last year. equities research analysts anticipate that Intel Co. will post 3.25 earnings per share for the current year.

In other Intel news, insider Stacy J. Smith sold 472,337 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $44.23, for a total transaction of $20,891,465.51. Following the completion of the sale, the insider now directly owns 265,298 shares in the company, valued at approximately $11,734,130.54. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Andy D. Bryant sold 89,087 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $44.80, for a total value of $3,991,097.60. Following the sale, the chairman now owns 428,789 shares of the company’s stock, valued at $19,209,747.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,487,054 shares of company stock valued at $65,800,132. Company insiders own 0.08% of the company’s stock.

A number of research analysts have recently commented on the company. BidaskClub cut Intel from a “buy” rating to a “hold” rating in a research note on Saturday. Sanford C. Bernstein set a $34.00 price target on Intel and gave the company a “sell” rating in a research note on Wednesday, January 10th. Vetr upgraded Intel from a “buy” rating to a “strong-buy” rating and set a $49.90 price target for the company in a research note on Wednesday, January 10th. Argus reiterated a “buy” rating and issued a $50.00 price target on shares of Intel in a research note on Friday, January 5th. Finally, Nomura reiterated a “buy” rating and issued a $50.00 price target on shares of Intel in a research note on Thursday, January 4th. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $44.78.

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About Intel

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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