Dynamic Technology Lab Private Ltd recently acquired a new position in Intel Co., purchasing 9,975 shares valued at approximately $501,000. Other institutional investors and hedge funds have also been active, with various transactions involving Intel stock. CEO Patrick Gelsinger made several purchases of Intel stock, acquiring thousands of shares in recent transactions. Additionally, analysts have set new price targets for Intel stock, with a consensus rating of “Hold” and a price target of $39.58.
Intel’s operations increased by 2.1%, with their stock opening at $30.72. The company’s market capitalization is $130.78 billion, with a P/E ratio of 32.00 and a beta of 1.09. Intel recently announced a quarterly dividend of $0.125 per share, with an annualized dividend yield of 1.63%. The company’s payout ratio is 52.08%. Intel Corporation’s product portfolio includes central processing units, chipsets, mobile and desktop processors, graphics processing units, and other semiconductor products.
For more information on Intel and related hedge fund activity, investors can visit HoldingsChannel.com to access the latest 13F filings and insider trading information. An infographic detailing Intel’s institutional ownership by quarter is also available for reference. To stay updated on Intel news and ratings, investors can sign up for the free daily email newsletter from MarketBeat.com.
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