Ameritas Advisory Services LLC Has $2.98 Million Holdings in Intel Co. (NASDAQ:INTC)

Ameritas Advisory Services LLC boosted its holdings in shares of Intel Co. (NASDAQ:INTC - Free Report) by 365.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 148,418 shares of the chip maker's stock after acquiring an additional 116,510 shares during the period. Ameritas Advisory Services LLC's holdings in Intel were worth $2,976,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of INTC. State Street Corp grew its holdings in shares of Intel by 2.8% in the 3rd quarter. State Street Corp now owns 197,958,739 shares of the chip maker's stock valued at $4,644,112,000 after buying an additional 5,417,753 shares during the period. Geode Capital Management LLC grew its holdings in shares of Intel by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 92,510,098 shares of the chip maker's stock valued at $2,162,891,000 after buying an additional 4,103,553 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Intel by 28.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,469,412 shares of the chip maker's stock valued at $1,371,692,000 after buying an additional 12,865,308 shares during the period. Van ECK Associates Corp grew its holdings in shares of Intel by 27.2% in the 3rd quarter. Van ECK Associates Corp now owns 44,013,936 shares of the chip maker's stock valued at $967,426,000 after buying an additional 9,422,136 shares during the period. Finally, Legal & General Group Plc grew its holdings in shares of Intel by 1.3% in the 2nd quarter. Legal & General Group Plc now owns 37,513,226 shares of the chip maker's stock valued at $1,161,779,000 after buying an additional 487,191 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Activity at Intel

In other Intel news, EVP Michelle Johnston Holthaus sold 25,000 shares of the stock in a transaction that occurred on 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 owns 273,258 shares in the company, valued at $7,104,708. This represents a 8.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.04% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Intel from $27.00 to $25.00 and set a "hold" rating for the company in a report on Thursday, October 3rd. Bank of America reissued an "underperform" rating and issued a $21.00 price target on shares of Intel in a report on Tuesday, December 3rd. Barclays decreased their price target on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Friday. Mizuho reduced their target price on shares of Intel from $23.00 to $21.00 and set a "neutral" rating for the company in a research note on Friday, January 10th. Finally, Robert W. Baird upped their target price on shares of Intel from $20.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday, November 1st. Six equities research analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $29.88.

Intel Stock Performance

Shares of INTC stock traded up $1.82 on Monday, reaching $21.49. The stock had a trading volume of 163,396,661 shares, compared to its average volume of 50,908,592. Intel Co. has a 12 month low of $18.51 and a 12 month high of $50.30. The firm has a market capitalization of $92.69 billion, a price-to-earnings ratio of -5.78, a P/E/G ratio of 8.53 and a beta of 1.07. The firm's 50-day moving average is $21.55 and its two-hundred day moving average is $23.27. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The chip maker reported ($0.46) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.44). Intel had a negative net margin of 29.42% and a negative return on equity of 1.71%. The company had revenue of $13.30 billion during the quarter, compared to analyst estimates of $13.02 billion. During the same quarter last year, the company posted $0.28 EPS. The firm's quarterly revenue was down 6.3% on a year-over-year basis. On average, research analysts expect that Intel Co. will post -0.87 EPS for the current fiscal year.

Intel Profile

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.