Intel Co. (NASDAQ:INTC) Shares Bought by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC lifted its holdings in Intel Co. (NASDAQ:INTC) by 137.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,500 shares of the chip maker’s stock after purchasing an additional 16,500 shares during the period. Mark Sheptoff Financial Planning LLC’s holdings in Intel were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Murphy & Mullick Capital Management Corp purchased a new stake in Intel in the 4th quarter worth $34,000. PKS Advisory Services LLC purchased a new position in Intel in the 4th quarter valued at about $218,000. Heritage Wealth Management Inc. CA boosted its holdings in Intel by 11.2% in the 4th quarter. Heritage Wealth Management Inc. CA now owns 17,044 shares of the chip maker’s stock worth $342,000 after buying an additional 1,718 shares during the last quarter. Modern Wealth Management LLC increased its stake in Intel by 53.1% during the 4th quarter. Modern Wealth Management LLC now owns 18,707 shares of the chip maker’s stock worth $370,000 after buying an additional 6,487 shares in the last quarter. Finally, CoreFirst Bank & Trust acquired a new position in shares of Intel during the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on INTC. Truist Financial decreased their price objective on Intel from $22.00 to $21.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Mizuho cut their price target on Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 10th. 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, January 31st. Benchmark reiterated a “hold” rating on shares of Intel in a report on Friday, January 31st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, January 31st. Four analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Intel has a consensus rating of “Hold” and a consensus price target of $27.04.

Intel Trading Down 0.1 %

INTC opened at $24.20 on Wednesday. The business’s 50-day simple moving average is $22.15 and its 200-day simple moving average is $22.08. The company has a market cap of $104.79 billion, a P/E ratio of -5.53 and a beta of 1.02. Intel Co. has a one year low of $18.51 and a one year high of $45.41. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33.

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 return on equity of 3.27% and a negative net margin of 35.32%. As a group, equities research analysts expect that Intel Co. will post -0.11 EPS for the current fiscal year.

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.