Buyers and Sellers Alert - Intel Corporation's

Currently, INTC is a Zacks Rank #1 (Strong Buy), and is down 3.5% to $36.47 per share in after-hours trading shortly after its earnings report was released. Analysts on that basis had predicted earnings per share of 72 cents on revenue of $15.6 billion, in line with the figure Intel projected last month. It has a dividend yield of 2.81%.

Some analysts said, however, that Intel is not expanding beyond PCs fast enough for sustained growth over the next several years. The Hedge Fund company now holds 333,196 shares of INTC which is valued at $12,658,116.

Intel Corporation (NASDAQ:INTC) went down -0.43% during trading on 10/13/2016, with the company's shares hitting the price near $36.97. The company's institutional ownership is monitored at 66.7 percent. The ex-dividend date is Thursday, November 3rd. Company's EPS for the past five years is valued at 8.96%, leading it to an EPS value of 10.00% for the next five years.

The chip maker reported $0.80 EPS for the quarter, topping the consensus estimate of $0.72 by $0.08. The company is set at a mean analysts' recommendation of 2.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Intel Corporation makes up approx 0.72% of North Star Investment Management Corp.'s portfolio.Patten Patten Inctn boosted its stake in INTC in the latest quarter, The investment management firm added 9,750 additional shares and now holds a total of 295,988 shares of Intel Corporation which is valued at $11,031,473.

In other Intel Corp. news, VP Gregory R. Pearson sold 1,506 shares of the stock in a transaction that occurred on Friday, July 22nd.

The company now expects total restructuring and other charges to amount to $2.3 billion, with most of the rest of the charges due between now and the middle of next year. The company presently has an average rating of "Buy" and an average price target of $40.00.

As it reflects the theoretical cost of buying the company's shares, the market cap of Intel Corporation (NASDAQ:INTC) is now rolling at 177036.64, making it one of the key stocks in today's market. Profit Investment Management LLC now owns 19,557 shares of the chip maker's stock worth $641,000 after buying an additional 316 shares in the last quarter.

Indeed, earnings growth is among the most crucial things to look at in regards to stock investing and, accordingly, investors identify companies that have grown their earnings by at least 25% for 3 consecutive years.

Intel's reliance on PC chips - which are still its largest source of revenue - is a handicap. The Median price target for the stock is listed at $70. The firm has a market cap of $178.60 billion, a price-to-earnings ratio of 18.31 and a beta of 1.09. The weekly volatility of INTC is 1.78% and monthly volatility is 1.54%.

The company said it posted "record" revenue in its data center group and internet of things group.

Intel Corporation is based in Santa Clara, California.


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