Hantz Financial Services Inc. Has $404,000 Stock Holdings in Intel Co. (NASDAQ:INTC)

Hantz Financial Services Inc. decreased its stake in Intel Co. (NASDAQ:INTC) by 81.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,202 shares of the chip maker’s stock after selling 75,362 shares during the quarter. Hantz Financial Services Inc.’s holdings in Intel were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. America First Investment Advisors LLC acquired a new position in Intel in the 2nd quarter worth approximately $25,000. Cyrus J. Lawrence LLC acquired a new position in Intel during the second quarter valued at $27,000. Quest Partners LLC lifted its stake in Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after acquiring an additional 1,253 shares in the last quarter. Spartan Fund Management Inc. acquired a new stake in Intel during the 2nd quarter worth about $31,000. Finally, Financial Connections Group Inc. purchased a new position in Intel during the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group cut their target price on shares of Intel from $22.00 to $21.00 and set a “sell” rating for the company in a research report on Thursday, October 17th. StockNews.com cut Intel from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. TD Cowen raised Intel to a “hold” rating in a research note on Monday, September 16th. Argus cut shares of Intel from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, Benchmark reaffirmed a “hold” rating on shares of Intel in a research note on Friday, November 1st. Six analysts have rated the stock with a sell rating, twenty-five have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus price target of $30.12.

Insider Buying and Selling at Intel

In other Intel news, EVP Michelle Johnston Holthaus sold 25,000 shares of Intel stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $26.00, for a total transaction of $650,000.00. Following the completion of the transaction, the executive vice president now directly owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. This trade represents a 8.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.04% of the company’s stock.

Intel Stock Up 1.7 %

Shares of INTC stock opened at $24.05 on Monday. Intel Co. has a one year low of $18.51 and a one year high of $51.28. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a fifty day moving average price of $23.48 and a 200 day moving average price of $25.85. The stock has a market cap of $103.73 billion, a P/E ratio of -6.47 and a beta of 1.03.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 31st. The chip maker reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.44). The business had revenue of $13.30 billion for the quarter, compared to the consensus estimate of $13.02 billion. Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. Intel’s revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. Analysts predict that Intel Co. will post -0.87 earnings per share for the current year.

Intel Company 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.