The stock of Intel Corp (NASDAQ:INTC) last traded at $20.37, down -0.88% from the previous session.
INTC stock price is now -4.09% away from the 50-day moving average and -5.84% away from the 200-day moving average. The market capitalization of the company currently stands at $88.85B.
On April 30, 2025, Seaport Research Partners recently initiated its ‘Sell’ rating on the stock quoting a target price of $18, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Holthaus Michelle Johnston, EVP & GM, CCG sold 25,000 shares of the company’s stock on Nov 07 ’24. The stock was sold for $650,000 at an average price of $26.00. Upon completion of the transaction, the EVP & GM, CCG now directly owns 273,258 shares in the company, valued at $5.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Officer Michelle Johnston Holthaus bought 25,000 shares of the business’s stock. A total of $625,000 was incurred on buying the stock at an average price of $25.00. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, Intel Corp has had a low of $17.67 and a high of $37.16. As of last week, the company has a debt-to-equity ratio of 0.50, a current ratio of 1.31, and a quick ratio of 0.93.
The net profit margin was -36.19% and return on equity was -18.66% for INTC. The company reported revenue of $12.67 billion for the quarter, compared to $12.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.45 percent.
