Intel Corp (INTC) Shareholder Bluefin Trading LLC Raised Its Position by $47.07 Million as Share Value Rose

August 9, 2018 - By Lisa Delgado

Intel Corporation (NASDAQ:INTC) LogoInvestors sentiment decreased to 0.76 in Q1 2018. Its down 0.26, from 1.02 in 2017Q4. It fall, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. Folger Nolan Fleming Douglas Cap accumulated 119,972 shares. Greenwood Cap Associate Limited Liability invested 1.65% in Intel Corporation (NASDAQ:INTC). Levin Capital Strategies Lp invested in 3.99% or 4.21 million shares. First Citizens Savings Bank Trust reported 176,270 shares stake. Sentinel Trust Lba stated it has 54,404 shares. Cutler Counsel Limited Liability Corporation holds 213,272 shares or 2.17% of its portfolio. North Point Port Managers Corp Oh accumulated 7,800 shares. Brinker owns 202,333 shares or 0.41% of their US portfolio. S&Co Inc holds 0.86% or 131,632 shares in its portfolio. Monarch Management holds 152,181 shares or 3.05% of its portfolio. 49,905 were accumulated by Markston Lc. Daiwa Securities Group Inc reported 217,434 shares. Cambridge Tru Com invested 0.24% of its portfolio in Intel Corporation (NASDAQ:INTC). Vigilant Cap Mgmt invested 0.05% in Intel Corporation (NASDAQ:INTC). Capital Sarl reported 146,600 shares.

Since February 21, 2018, it had 0 buys, and 14 sales for $9.26 million activity. McBride Kevin Thomas also sold $31,943 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, February 21. Krzanich Brian M sold $162,134 worth of stock. Another trade for 2,213 shares valued at $116,028 was sold by Rodgers Steven Ralph. HUNDT REED E sold 20,000 shares worth $1.07 million. $1.33M worth of Intel Corporation (NASDAQ:INTC) was sold by YOFFIE DAVID B. $1.89 million worth of stock was sold by BRYANT ANDY D on Tuesday, May 8.

Bluefin Trading Llc increased its stake in Intel Corp (INTC) by 1874.18% based on its latest 2018Q1 regulatory filing with the SEC. Bluefin Trading Llc bought 905,229 shares as the company’s stock rose 12.89% while stock markets declined. The hedge fund held 953,529 shares of the semiconductors company at the end of 2018Q1, valued at $49.66 million, up from 48,300 at the end of the previous reported quarter. Bluefin Trading Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $230.86B market cap company. The stock increased 0.21% or $0.1068 during the last trading session, reaching $50.0668. About 5.83 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 52.90% since August 9, 2017 and is uptrending. It has outperformed by 40.33% the S&P500.

Bluefin Trading Llc, which manages about $1.48B US Long portfolio, decreased its stake in Dish Network Corp (NASDAQ:DISH) by 501,204 shares to 75,696 shares, valued at $2.87 million in 2018Q1, according to the filing. It also reduced its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 746,560 shares in the quarter, leaving it with 1.29 million shares, and cut its stake in At&T Inc (NYSE:T).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “What’s in the Offing for Intel (INTC) in Q2 Earnings?” on July 24, 2018, also Seekingalpha.com with their article: “Intel Vs. Nvidia: The Easy Path For Intel” published on August 08, 2018, Nasdaq.com published: “Intel (INTC) Stock Drops Despite Beating Q2 Earnings Expectations” on July 27, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Fool.com and their article: “Better Buy: Intel Corporation vs. Texas Instruments” published on July 29, 2018 as well as Benzinga.com‘s news article titled: “Barclays: The Market Believes AMD Is Gaining On Intel” with publication date: August 06, 2018.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 31 analysts covering Intel Corp (NASDAQ:INTC), 14 have Buy rating, 4 Sell and 13 Hold. Therefore 45% are positive. Intel Corp had 69 analyst reports since February 26, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained Intel Corporation (NASDAQ:INTC) on Friday, April 27 with “Overweight” rating. The rating was maintained by Susquehanna on Tuesday, April 17 with “Buy”. The stock has “Hold” rating by DZ Bank on Wednesday, March 28. The stock of Intel Corporation (NASDAQ:INTC) has “Hold” rating given on Monday, March 26 by Raymond James. The rating was maintained by Credit Suisse on Friday, July 27 with “Outperform”. On Thursday, July 5 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The rating was downgraded by Bank of America to “Neutral” on Friday, July 27. The rating was maintained by Credit Suisse on Tuesday, April 3 with “Buy”. The firm has “Buy” rating by Susquehanna given on Friday, April 27. Wells Fargo maintained the stock with “Buy” rating in Friday, April 27 report.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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