Intel shares fell -6.5% this morning to a price of $41.08. The stock is still trading within range of its average target price of $42.35, and over the last 52 weeks, it has recorded a 33.9% performance. Analysts have given the Large-Cap Semiconductors stock target prices ranging from $15.83 to $63.33 dollars per share, with an average rating of hold.
Intel's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.7%. The stock's short ratio is 1.58. At 0.06%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.8%. In conclusion, we believe there is mixed market sentiment regarding Intel.
Institutions Invested in Intel
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-12-31 | Vanguard Group Inc | 9% | 385,787,907 | $15,846,238,574 |
2023-12-31 | Blackrock Inc. | 8% | 339,935,226 | $13,962,839,667 |
2023-12-31 | State Street Corporation | 4% | 188,147,130 | $7,728,143,508 |
2023-12-31 | Capital International Investors | 2% | 96,617,951 | $3,968,582,411 |
2023-12-31 | Geode Capital Management, LLC | 2% | 84,863,226 | $3,485,757,072 |
2023-12-31 | Primecap Management Company | 2% | 75,237,927 | $3,090,397,908 |
2023-12-31 | Capital Research Global Investors | 2% | 69,027,992 | $2,835,324,824 |
2023-12-31 | Morgan Stanley | 1% | 49,710,888 | $2,041,874,762 |
2023-12-31 | Norges Bank Investment Management | 1% | 48,242,821 | $1,981,573,909 |
2023-12-31 | Northern Trust Corporation | 1% | 44,482,293 | $1,827,110,218 |