As Intel Corp (INTC) Valuation Declined, Holder Profund Advisors LLC Has Cut Stake by $5.50 Million

February 20, 2018 - By Lynda A. Deweese

Investors sentiment is 1.03 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported. Moreover, Cypress Group Inc has 0.4% invested in Intel Corporation (NASDAQ:INTC). Sonata Cap invested in 0.34% or 11,846 shares. Morgan Stanley accumulated 34.41M shares or 0.39% of the stock. Shufro Rose And Lc has invested 3.46% of its portfolio in Intel Corporation (NASDAQ:INTC). Toronto Dominion Bank owns 0.22% invested in Intel Corporation (NASDAQ:INTC) for 1.81M shares. Bokf Na, Oklahoma-based fund reported 398,149 shares. Burns J W & stated it has 0.32% in Intel Corporation (NASDAQ:INTC). Ashmore Wealth Ltd Liability stated it has 3.48 million shares or 7.16% of all its holdings. Security Natl Bank Of So Dak, a Iowa-based fund reported 29,452 shares. Leisure Cap Mgmt holds 0.21% of its portfolio in Intel Corporation (NASDAQ:INTC) for 6,158 shares. Hillsdale Invest holds 1,590 shares. Moreover, Orrstown Financial Svcs has 0.24% invested in Intel Corporation (NASDAQ:INTC). Somerville Kurt F invested in 341,069 shares. Stifel Financial Corporation stated it has 0.57% of its portfolio in Intel Corporation (NASDAQ:INTC). Spears Abacus Advsrs Ltd Liability Corp reported 12,364 shares.

Since October 2, 2017, it had 0 insider purchases, and 16 sales for $30.87 million activity. Bryant Diane M sold $25,360 worth of stock. BRYANT ANDY D had sold 89,087 shares worth $3.99 million. Shenoy Navin sold 1,311 shares worth $61,774. Krzanich Brian M sold $144,706 worth of Intel Corporation (NASDAQ:INTC) on Tuesday, January 30. Smith Stacy J had sold 472,337 shares worth $20.89M. $66,959 worth of Intel Corporation (NASDAQ:INTC) was sold by RENDUCHINTALA VENKATA S M.

Profund Advisors Llc decreased its stake in Intel Corp (INTC) by 10.86% based on its latest 2017Q3 regulatory filing with the SEC. Profund Advisors Llc sold 144,858 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 1.19M shares of the semiconductors company at the end of 2017Q3, valued at $45.28M, down from 1.33M at the end of the previous reported quarter. Profund Advisors Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $213.22 billion market cap company. The stock decreased 0.78% or $0.36 during the last trading session, reaching $45.56. About 21.48M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since February 20, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Profund Advisors Llc, which manages about $4.85B and $2.40 billion US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 32,824 shares to 110,492 shares, valued at $19.08 million in 2017Q3, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 26,055 shares in the quarter, for a total of 376,194 shares, and has risen its stake in Abbvie Inc (NYSE:ABBV).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Investorplace.com which released: “Intel Corporation’s Next-Gen Tech Is Too Good To Ignore” on February 08, 2018, also Seekingalpha.com with their article: “Intel And Micron: Moore’s Law In 3 Dimensions” published on February 14, 2018, Fool.com published: “Here’s How Intel Corporation Crushed It in 2017” on January 21, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel’s Secret Industrial-Scale Data Center Architecture” published on February 02, 2018 as well as Finance.Yahoo.com‘s news article titled: “Intel Corporation Stock Is a Strong Investment, But Make Sure to Buckle Up!” with publication date: February 13, 2018.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 5 Sell and 13 Hold. Therefore 67% are positive. Intel Corporation had 222 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Intel Corporation (NASDAQ:INTC) earned “Mkt Perform” rating by JMP Securities on Friday, September 25. Jefferies downgraded the shares of INTC in report on Monday, July 10 to “Underperform” rating. Bernstein downgraded the stock to “Underperform” rating in Wednesday, March 1 report. The firm earned “Hold” rating on Wednesday, June 14 by Oppenheimer. The company was initiated on Wednesday, July 12 by Hilliard Lyons. The stock has “Buy” rating by Mizuho on Friday, January 26. The firm has “Buy” rating by Wells Fargo given on Wednesday, July 12. Cowen & Co maintained it with “Market Perform” rating and $34 target in Wednesday, October 14 report. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Roth Capital on Friday, January 15. Nomura maintained Intel Corporation (NASDAQ:INTC) on Monday, September 19 with “Buy” rating.

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