Intel Corporation (INTC) Buy, Sell or Hold Now?

Intel Mobileye

Intel Corporation (NASDAQ:INTC) 's institutional ownership was registered as 68.60%, while insider ownership was 0.04%. They now have a $35.00 target price on the chip maker's stock, down from their prior target price of $45.00.

Several other research firms also recently weighed in on INTC. MKM Partners reissued a "buy" rating and issued a $44.00 price target on shares of Intel in a research note on Monday, December 5th. They noted that the move was a valuation call.

Some buy side analysts are also providing their Analysis on Intel Corporation, where 6 analysts have rated the stock as Strong buy, 19 analysts have given a Buy signal, 14 said it's a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell.

A modern premium-segment auto or SUV can run up to 100 ECUs and Intel has been working to adapt its high-end server space chips to automotive-grade durability to try to shrink that spiraling figure, while closing the networks' hacking vulnerabilities. The company's stock had a trading volume of 3,394,587 shares. In the course of the next one year, the chip maker will be paying a price that is around 30 times the projected annual revenue of Mobileye.

The stock prices target chart showed high target of 45 kept by analysts at WSJ while the average price target was for 40.50 as compared to current price of 35.18. The firm has a market capitalization of $166.14 billion and a P/E ratio of 16.58.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, January 26th.

Mobileye is its second largest deal after the 2015 purchase of Altera for $16.7 billion. Last year October we saw Qualcomm announcing a $47 billion deal to acquire NXP. For trailing twelve months, EPS value for the stock is $-0.12. The ex-dividend date of this dividend was Friday, February 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 2.96%. Intel's payout ratio is now 49.29%. The shares were sold at an average price of $37.13, for a total transaction of $659,243.15. Intel, which paid a 60% premium for McAfee, this past September said it would sell 51% of the company to private-equity firm TPG in a transaction that valued the entire business at $4.2 billion and spin it out as an independent company. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The shares were sold at an average price of $36.49, for a total transaction of $2,884,570.99. The disclosure for this sale can be found here. But the world's biggest chipmaker has consumed the past 18 months on financing in and procuring organizations as well as restructuring their own company, all in an endeavor to assure it doesn't miss out on the other business dealings.

A number of hedge funds have recently added to or reduced their stakes in the company. Brean Capital reaffirmed a "buy" rating on shares of Intel in a research report on Tuesday, December 13th. Finally, American Research & Management Co. boosted its position in Intel by 23.8% in the third quarter. Vident Investment Advisory LLC now owns 70,927 shares of the chip maker's stock worth $2,573,000 after buying an additional 777 shares during the period. Fusion Family Wealth LLC acquired a new position in Intel during the fourth quarter valued at about $133,000. This category includes, among other things, data processors for engine computers and other electronic auto systems, power management systems, memory components, and the rapidly developing sector of smart vehicle sensors in which Mobileye operates. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components.

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