Charles Schwab Trust Co increased its holdings in Intel Co. by 7.6% in the first quarter, according to the latest 13F filing with the SEC. The company now owns 7,947 shares of Intel, with a value of $351,000. Other institutional investors have also bought and sold Intel shares recently. Slow Capital Inc., Altus Wealth Group LLC, Orion Portfolio Solutions LLC, Alera Investment Advisors LLC, and Callan Capital LLC all reported changes in their holdings. Analysts have set new price targets for Intel, with three rating it as sell, twenty-three as hold, and five as buy. CEO Patrick Gelsinger made several acquisitions of Intel shares recently. The company’s operations have seen a 0.6% increase, and its stock opened at $30.74. Intel last reported their quarterly earnings on April 25th, with revenue slightly below estimates. They also announced a quarterly dividend and revealed their business profile.
In conclusion, Intel has experienced various changes in its ownership, analyst ratings, executive acquisitions, financial performance, dividend announcements, and business profile. These factors collectively influence the company’s standing in the market and its future prospects.
As a journalist, it is important to analyze and report on these developments to provide comprehensive coverage of Intel’s current status. This information allows investors and stakeholders to make informed decisions regarding their involvement with the company. By summarizing the key points, readers can gain a clear understanding of Intel’s recent activities and their implications for its future performance.
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https://www.defenseworld.net/2024/06/26/charles-schwab-trust-co-increases-stake-in-intel-co-nasdaqintc.html