Large Outflow of Money Witnessed in Intel Corporation

Intel Corporation (INTC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (101.04 million) in Intel Corporation (INTC). On Friday, The value of composite uptick trades was $181.49 million, whereas, the value of composite downtick trades was $282.52 million and the ratio between the two was 0.64, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $188.15 million. $89.42 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.48. The negative money flow of ($98.73 million) shows selling on strength. Intel Corporation (INTC) gained $0.39 intraday at $34.66 and registrered 1.14% for the week.


Intel Corporation (INTC) : The consensus price target for Intel Corporation (INTC) is $37.57 for the short term with a standard deviation of $3.48. The most optimist securities analyst among the 28 who monitor the stock believes that the stock can reach $45, however, the pessimist price target for the company is $30.

Intel Corporation (NASDAQ:INTC): stock turned positive on Friday. Though the stock opened at $34.38, the bulls momentum made the stock top out at $34.7 level for the day. The stock recorded a low of $34.26 and closed the trading day at $34.66, in the green by 1.14%. The total traded volume for the day was 33,033,653. The stock had closed at $34.27 in the previous days trading.

In a related news,The director officer (CEO) of Intel Corp, Krzanich Brian M sold 71,413 shares at $32.73 on July 1, 2016. The Insider selling transaction had a total value worth of $2,337,347. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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