Large Outflow of Money Witnessed in Intel Corporation

Intel Corporation (NASDAQ:INTC) traded on a positive note gaining 0.13 points or 0.41% to be valued at $32.17 per share. Intraday, the shares aggregated $74.83 million in upticks but saw an exodus of $132.07 million in downticks. The net money flow was calculated to be $(-57.25) million with the final up/down ratio coming in at 0.57. The share price has seen a change of 1.74% in value during the week. Block trade of up/down ratio of 0.08 was also registered with $5 million in upticks and $63.9 million in downticks. The net money flow for the block exchange was disappointing at $(-58.89) Million.


Currently the company Insiders own 0.09% of Intel Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.91% . Institutional Investors own 66.23% of Intel Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.14%. On the companys insider trading activities, The officer (EVP, Pres Client & IOT & SAG), of Intel Corp, Renduchintala Venkata S M had unloaded 17,732 shares at $31.43 per share in a transaction on May 31, 2016. The total value of transaction was $557,317. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Intel Corporation (NASDAQ:INTC) : On Monday heightened volatility was witnessed in Intel Corporation (NASDAQ:INTC) which led to swings in the share price. The stock opened for trading at $32.05 and hit $32.5 on the upside , eventually ending the session at $32.17, with a gain of 0.41% or 0.13 points. The heightened volatility saw the trading volume jump to 23,004,832 shares. The 52-week high of the share price is $35.59 and the company has a market cap of $151,907 million. The 52-week low of the share price is at $24.87 .

Many analysts have stated their opinion on the company shares. CLSA initiates coverage on Intel Corporation (NASDAQ:INTC) In a research note issued to the investors, the brokerage major announces price-target of $30 per share.The shares have been rated Underperform. The rating by the firm was issued on May 17, 2016.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

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