Shares of Intel Corporation (INTC) Sees Large Inflow of Net Money Flow

Intel Corporation (INTC) traded negative at $36.52. On an intraday basis, the price dropped -0.3 points or -0.81%. The composite uptick value was $161.98 million while the combined downtick value was $107.2. The net money flow was $54.78 million while the up/down ratio was not very comforting at 1.51. The shares on a weekly note has seen a change in share price of -3.84%.According to the trading data, the shares saw a block trade with $58.26 million in upticks and $5.76 million in downticks. The up/down ratio for the block was calculated to be 10.11. The net money flow for the block trade was 52.5.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Intel Corporation has dropped 3.39% in the last five trading days, however, the shares have posted positive gains of 0.69% in the last 4 weeks. Intel Corporation is up 5.52% in the last 3-month period. Year-to-Date the stock performance stands at 0.69%. Intel Corporation (NASDAQ:INTC) witnessed a decline in the market cap on Wednesday as its shares dropped 0.81% or 0.3 points. After the session commenced at $36.82, the stock reached the higher end at $36.95 while it hit a low of $36.02. With the volume soaring to 28,380,640 shares, the last trade was called at $36.52. The company has a 52-week high of $38.45. The company has a market cap of $173,068 million and there are 4,739,000,000 shares in outstanding. The 52-week low of the share price is $27.68.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Diane M Bryant (EVP, GM Data Center Group) sold 680 shares at 37.53 per share price.On Jan 24, 2017, Stacy J Smith (EVP Mfg, Ops & Sales) sold 29,497 shares at 36.76 per share price.On Jan 5, 2017, Brian M Krzanich (CEO) sold 79,051 shares at 36.49 per share price.

Intel Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.75. The company had revenue of $16400.00 million for the quarter, compared to analysts expectations of $15749.89 million. The companys revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Intel Corporation was Upgraded by Morgan Stanley to Equal-Weight on Jan 27, 2017. Company shares were Reiterated by Needham on Jan 27, 2017 to Buy, Raises Price Target to $ 43 from a previous price target of $42 .Intel Corporation was Initiated by Loop Capital to Buy on Dec 13, 2016.

Intel Corporation is one of the worlds largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.


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