As Intel Corp (INTC) Shares Rose, Profund Advisors LLC Increased by $10.26 Million Its Stake

May 3, 2018 - By Gregory Tomko

Intel Corporation (NASDAQ:INTC) Corporate LogoBig Money Sentiment decreased to 1.02 in 2017 Q4. It has change of 0.01, from 2017Q3’s 1.03. The ratio is negative due to INTC positioning: 60 sold and 703 reduced. 177 funds bought stakes and 601 increased stakes. Investors holded 3.05 billion in 2017Q3 but now own 3.06 billion shares or 0.43% more. 15,254 are owned by Sandhill Prns Ltd Limited Liability Company. Tiverton Asset Management Lc invested in 1.29% or 447,078 shs. Kentucky-based Todd Asset Management Ltd has invested 1.06% in Intel Corporation (NASDAQ:INTC). Dsc Advisors Limited Partnership invested 0.13% in Intel Corporation (NASDAQ:INTC). Caprock Group reported 42,187 shs. State Farm Mutual Automobile Ins Co accumulated 1.45% or 24.97M shs. Crestpoint Cap Management Limited invested 1.5% of its capital in Intel Corporation (NASDAQ:INTC). Exxonmobil Invest Mngmt Tx holds 744,141 shs. Cornercap Invest Counsel Incorporated holds 152,907 shs. Busey Trust owns 254,287 shs or 1.5% of their US capital. Mirador Prtn Lp invested in 84,424 shs or 2.13% of the stock. Asset Mngmt One Com reported 0.78% stake. Aimz Inv Advisors Ltd Liability Corporation has 0.48% invested in Intel Corporation (NASDAQ:INTC) for 13,684 shs. Summit Gru Limited Liability reported 0.08% stake. Wheatland owns 56,749 shs for 2.12% of their capital.

INTC had 16 selling transactions and 0 insider buys since January 22, 2018. This’s net activity of $6.63 million. Krzanich Brian M had sold 5,873 shs worth $267,663. 1,502 shs were sold by RENDUCHINTALA VENKATA S M, worth $66,959. Shares for $31,943 were sold by McBride Kevin Thomas.

Profund Advisors Llc’s stake in Intel Corp (INTC) is increased by 18.75% based on its latest 2017Q4 regulatory filing with the SEC. The company’s stock rose 9.61% while stock markets declined as Profund Advisors Llc bought 222,967 shares. The institutional investor is holding 1.41 million shares, compared to the 1.19M from the previous quarter. And the announced value of the semiconductors company is $65.18M for the 2017Q4. Intel Corp has $240.32 billion market cap. INTC touched $51.57 during the last trading session after $0.74 change.Currently Intel Corporation is uptrending after 44.65% change in last May 3, 2017. INTC has also 10.96M shares volume. INTC outperformed by 33.10% the S&P 500.

According to a filing Profund Advisors Llc reduced its stake in Gilead Sciences Inc (NASDAQ:GILD) by 61,327 shares to 566,513 shares, valued at $40.59 million in 2017Q4. The fund manages about $4.85B and $2.59B US Long portfolio. For a total of 341,995 shares it reduced its holding in Celgene Corp (NASDAQ:CELG) by 34,199 shares in the quarter, and has cut its stake in Amgen Inc (NASDAQ:AMGN).

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Total analysts of 32 have positions in Intel Corp (NASDAQ:INTC) as follows: 21 rated it a “Buy”, 2 with “Sell” and 9 with “Hold”. The positive are 66%. The firm has $70 highest while $34.0 is the lowest price target. The average target $56.42 is 9.40% above the last ($51.57) price. Since November 13, 2017 according to StockzIntelligence Inc Intel Corp has 65 analyst reports. On Friday, April 27 the rating was maintained by Morgan Stanley with “Equal-Weight”. In Thursday, January 25 report Stifel Nicolaus maintained the stock with “Buy” rating. On Friday, April 27 the company was maintained by Susquehanna. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, January 26. On Monday, February 26 Robert W. Baird maintained Intel Corporation (NASDAQ:INTC) rating. Robert W. Baird has “Buy” rating and $60.0 target. In Wednesday, April 11 report M Partners maintained the stock with “Buy” rating. On Monday, February 26 Nomura maintained Intel Corporation (NASDAQ:INTC) with “Buy” rating. On Wednesday, April 25 the stock has “Buy” rating by UBS. On Tuesday, April 3 the company was maintained by Bernstein. The company rating was maintained by Mizuho on Tuesday, December 26.

Intel Corporation (NASDAQ:INTC) Institutional Investors Chart

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