In the last trading session, 67.3 million shares of the Intel Corp (NASDAQ:INTC) were traded, and its beta was 1.13. Most recently the company’s share price was $20.55, and it changed around $0.5 or 2.49% from the last close, which brings the market valuation of the company to $89.64B. INTC currently trades at a discount to its 52-week high of $37.16, offering almost -80.83% off that amount. The share price’s 52-week low was $17.67, which indicates that the current value has risen by an impressive 14.01% since then. We note from Intel Corp’s average daily trading volume that its 10-day average is 66.03 million shares, with the 3-month average coming to 96.54 million.
Intel Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.07. If we narrow it down even further, the data shows that 2 out of 45 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 39 recommended INTC as a Hold, whereas 2 deemed it a Buy, and 2 rated it as Underweight.
Intel Corp (NASDAQ:INTC) trade information
Instantly INTC has showed a green trend with a performance of 2.49% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 21.63 on recent trading dayincreased the stock’s daily price by 4.99%. The company’s shares are currently up 2.49% year-to-date, but still down -3.88% over the last five days. On the other hand, Intel Corp (NASDAQ:INTC) is 2.49% up in the 30-day period. We can see from the shorts that 118.7 million shares have been sold at a short interest cover period of 1.05 day(s).
The consensus price target as assigned by Wall Street analysts is $22, which translates to bulls needing to increase their stock price by 6.59% from its current value. Analyst projections state that INTC is forecast to be at a low of $19 and a high of $29.
INTC Dividends
Intel Corp’s next quarterly earnings report is expected to be released on 2025-Apr-23. The annual dividend yield of the stock is 0.61 percent and its annual dividend per share was 0.12. It is important to note, however, that the 0.61% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.8 per year.
Intel Corp (NASDAQ:INTC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.08% of Intel Corp shares, and 67.35% of them are in the hands of institutional investors. The stock currently has a share float of 67.40%. Intel Corp stock is held by 2761.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.2216% of the shares, which is about 393.49 million shares worth $12.19 billion.
BLACKROCK INC., with 8.476% or 361.67 million shares worth $11.2 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 121.66 shares worth $2.5 billion, making up 2.79% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 116.75 shares worth around $2.4 billion, which represents about 2.68% of the total shares outstanding.
