Intel Co. (INTC) Shares Bought by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. grew its stake in shares of Intel Co. (NASDAQ:INTC) by 18.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,193 shares of the chip maker’s stock after acquiring an additional 5,795 shares during the period. Intel comprises approximately 0.6% of Nicolet Bankshares Inc.’s investment portfolio, making the stock its 29th biggest holding. Nicolet Bankshares Inc.’s holdings in Intel were worth $1,416,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Intel by 4,951.1% in the second quarter. Janus Henderson Group PLC now owns 20,455,051 shares of the chip maker’s stock worth $690,156,000 after purchasing an additional 20,050,088 shares during the last quarter. Capital Research Global Investors grew its holdings in Intel by 9.1% in the second quarter. Capital Research Global Investors now owns 128,581,621 shares of the chip maker’s stock worth $4,338,344,000 after purchasing an additional 10,744,753 shares during the last quarter. Capital World Investors grew its holdings in Intel by 5.5% in the second quarter. Capital World Investors now owns 197,750,361 shares of the chip maker’s stock worth $6,672,097,000 after purchasing an additional 10,257,260 shares during the last quarter. Vanguard Group Inc. grew its holdings in Intel by 2.5% in the second quarter. Vanguard Group Inc. now owns 333,500,073 shares of the chip maker’s stock worth $11,252,292,000 after purchasing an additional 8,087,302 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings in Intel by 40.8% in the second quarter. Parametric Portfolio Associates LLC now owns 13,907,294 shares of the chip maker’s stock worth $469,232,000 after purchasing an additional 4,029,462 shares during the last quarter. 67.56% of the stock is owned by hedge funds and other institutional investors.

INTC has been the topic of several analyst reports. Zacks Investment Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Friday, September 22nd. Canaccord Genuity lifted their price target on shares of Intel from $41.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, November 17th. JPMorgan Chase & Co. set a $53.00 price target on shares of Intel and gave the stock a “buy” rating in a report on Thursday, January 4th. Oppenheimer reaffirmed a “hold” rating on shares of Intel in a report on Thursday, January 4th. Finally, Sanford C. Bernstein set a $34.00 price target on shares of Intel and gave the stock a “sell” rating in a report on Wednesday, January 10th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $44.78.

In other Intel news, CEO Brian M. Krzanich sold 889,878 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $44.19, for a total value of $39,323,708.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total transaction of $66,543.52. Following the completion of the transaction, the insider now owns 1,536 shares of the company’s stock, valued at approximately $71,777.28. The disclosure for this sale can be found here. Insiders have sold 1,487,054 shares of company stock valued at $65,800,132 over the last 90 days. 0.08% of the stock is currently owned by insiders.

Intel Co. (NASDAQ INTC) opened at $43.14 on Wednesday. The stock has a market cap of $202,363.20, a price-to-earnings ratio of 15.08, a P/E/G ratio of 1.56 and a beta of 1.06. Intel Co. has a 1 year low of $33.23 and a 1 year high of $47.64. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.21. The company had revenue of $16.15 billion during the quarter, compared to the consensus estimate of $15.73 billion. Intel had a net margin of 22.31% and a return on equity of 22.65%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.80 earnings per share. equities analysts anticipate that Intel Co. will post 3.25 EPS for the current fiscal year.

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Intel Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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