Intel Corporation (NASDAQ:INTC) registered a 1.12% increase, still its new closing price is 40.50% up from the company’s 1 year high of 38.07.It posted 2.82% gains in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 13 buy or better ratings. The 42 stock analysts following this company have an average price target at $41.11, with individual PT in the $34.00-$45.00 range. The shares moved at $37.98, implying that brokerage firms see shares gaining about 30.91% in twelve months time.

Intel Corporation (INTC) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a 4.71% rise year to date. A EVP, GM Data Center Group at Intel Corporation (INTC) offloaded shares in a transaction closed on Tuesday January 24, 2017. Bryant Diane M sold 4,503 shares in the company at $37.23 each and collected $167,001 in proceeds. Bryant Diane M now owns 106,666 shares in the company after this transaction. A EVP Mfg, Ops & Sales in the company, Smith Stacy J, disclosed a transaction on Friday January 20, 2017 that ended up generating $1,084,000 from the sale of 29,497 shares at $36.76 per share.

Intel Corporation (NASDAQ:INTC) Upcoming Results on Tap

Intel Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.64 in that period. Sales during the quarter are predicted to arrive at $14.79 billion.

Earnings surprise history: Last quarter, the company posted approximately $16.37 billion in revenue and EPS of $0.79. The mean forecast was for $15.75 billion and $0.74 a share, respectively. One quarter earlier, revenue for the stock was at $15.78 billion, with earnings at $0.80/share.

Intel Corporation (INTC) Brokerage Update

Intel Corporation (INTC) is in Morgan Stanley’s research list so their analyst rating change is noteworthy. These shares were upgraded to Equal-Weight from Underweight by Morgan Stanley, according to news reported on Friday January 27, 2017.Another important research note was issued by Charter Equity on Wednesday October 19, 2016.The firm upgraded INTC to Buy from Mkt Perform. Over the last six months and over the last three months, the shares of Intel Corporation (INTC), have changed 10.89% and 9.59%, respectively.