Intel Co. (NASDAQ:INTC – Get Free Report) was the target of unusually large options trading on Monday. Stock investors purchased 564,055 call options on the company. This is an increase of 35% compared to the average daily volume of 418,189 call options.
Intel Price Performance
Shares of Intel stock opened at $22.74 on Tuesday. Intel has a twelve month low of $18.51 and a twelve month high of $46.63. The stock has a market capitalization of $98.46 billion, a P/E ratio of -5.19 and a beta of 1.08. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The business’s fifty day moving average price is $21.26 and its 200 day moving average price is $21.82.
Intel (NASDAQ:INTC – Get Free Report) last issued its earnings results 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 net margin of 35.32% and a negative return on equity of 3.27%. As a group, research analysts anticipate that Intel will post -0.11 earnings per share for the current year.
Wall Street Analyst Weigh In
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Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in INTC. Finley Financial LLC purchased a new position in Intel in the fourth quarter valued at about $25,000. Synergy Investment Management LLC purchased a new position in Intel in the fourth quarter valued at about $27,000. Vermillion Wealth Management Inc. purchased a new position in Intel in the fourth quarter valued at about $27,000. BankPlus Trust Department purchased a new position in Intel in the fourth quarter valued at about $28,000. Finally, Keystone Financial Group Inc. purchased a new position in Intel in the fourth quarter valued at about $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.
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.
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