Is Buying Stock Like Intel Corporation Good Idea After Today’s Bullish Options Activity?


 Is Buying Stock Like Intel Corporation Good Idea After Today's Bullish Options Activity?

In today’s session Intel Corporation (INTC) registered an unusually high (1,071) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious INTC increase. With 1,071 contracts traded and 48204 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: INTC180119C00037000 closed last at: $3.6 or 2.7% down. About 7.59M shares traded hands. Intel Corporation (NASDAQ:INTC) has risen 19.15% since March 14, 2016 and is uptrending. It has outperformed by 13.54% the S&P500.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Out of 42 analysts covering Intel Corporation (NASDAQ:INTC), 26 rate it a “Buy”, 2 “Sell”, while 14 “Hold”. This means 62% are positive. Intel Corporation has been the topic of 114 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was maintained by Citigroup with “Neutral” on Thursday, July 21. Pacific Crest maintained Intel Corporation (NASDAQ:INTC) on Wednesday, October 14 with “Overweight” rating. Mizuho upgraded the shares of INTC in a report on Tuesday, January 12 to “Buy” rating. The rating was maintained by Jefferies with “Buy” on Monday, September 19. The rating was upgraded by Macquarie Research to “Outperform” on Monday, January 25. Cowen & Co maintained it with “Market Perform” rating and $34 target price in Wednesday, October 14 report. On Wednesday, December 30 the stock rating was maintained by Needham with “Buy”. The firm has “Buy” rating by Brean Capital given on Thursday, July 21. The firm has “Market Perform” rating given on Wednesday, April 20 by Northland Capital. The firm has “Buy” rating given on Saturday, August 29 by Needham.

According to Zacks Investment Research, “Intel Corporation is one of the world’s largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.”

Insitutional Activity: The institutional sentiment decreased to 1.01 in 2016 Q2. Its down 0.06, from 1.07 in 2016Q1. The ratio dived, as 66 funds sold all Intel Corporation shares owned while 650 reduced positions. 89 funds bought stakes while 637 increased positions. They now own 2.94 billion shares or 2.38% less from 3.01 billion shares in 2016Q1.
Andra Ap accumulated 0.22% or 268,500 shares. Moreover, Segall Bryant Hamill Ltd Liability Corporation has 0.14% invested in Intel Corporation (NASDAQ:INTC) for 163,950 shares. St Johns Inv Mgmt Limited Liability Corp last reported 42,603 shares in the company. Chemung Canal, a New York-based fund reported 107,378 shares. Cacti Asset Limited Liability Corporation owns 92,900 shares or 0.33% of their US portfolio. Culbertson A N & Inc holds 1.99% or 164,276 shares in its portfolio. The California-based Sfe Counsel has invested 1.35% in Intel Corporation (NASDAQ:INTC). The Massachusetts-based Fayerweather Charles has invested 1.87% in Intel Corporation (NASDAQ:INTC). Duff And Phelps Inv Mngmt Company accumulated 61,040 shares or 0.03% of the stock. Smithfield Tru accumulated 67,636 shares or 0.42% of the stock. Jones Financial Lllp, a Missouri-based fund reported 7,344 shares. Hudson Valley Inc Adv has 165,703 shares for 1.74% of their US portfolio. Bbva Compass accumulated 210,380 shares or 0.52% of the stock. Mcrae Cap Management holds 0.55% of its portfolio in Intel Corporation (NASDAQ:INTC) for 35,942 shares. Ameriprise owns 18.28M shares or 0.35% of their US portfolio.

Insider Transactions: Since April 21, 2016, the stock had 0 buys, and 13 insider sales for $41.31 million net activity. 17,732 shares were sold by RENDUCHINTALA VENKATA S M, worth $557,317 on Tuesday, May 31. 71,413 shares were sold by Krzanich Brian M, worth $2.17 million on Monday, May 23. Smith Stacy J sold $1.02M worth of stock or 29,497 shares. 5,662 shares were sold by PEARSON GREGORY R, worth $197,410. HOLT WILLIAM M also sold $144,286 worth of Intel Corporation (NASDAQ:INTC) on Tuesday, April 26. Shares for $5.94M were sold by BRYANT ANDY D on Thursday, April 21.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The company has a market cap of $178.85 billion. The Company’s divisions include Client Computing Group , Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. It has a 18.01 P/E ratio. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components.

INTC Company Profile

Intel Corporation, incorporated on March 1, 1989, is engaged in the design and manufacture of digital technology platforms. The Firm sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s divisions include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. The Company’s All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. The Company’s platforms are used to deliver a range of computing experiences in notebooks (including Ultrabook devices), 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things (including wearables, transportation systems and retail devices). It also develops and sells software and services focused on security and technology integration.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: which released: “Better Buy: Intel Corporation vs. Texas Instruments” on October 15, 2016, also with their article: “A Potential Blow to Intel Corporation’s Foundry Efforts” published on October 15, 2016, published: “Intel Corporation: Why INTC Stock Could Surge 30%” on October 14, 2016. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: and their article: “Mellanox Technologies, Ltd. Confident in Battle Against Intel Corporation” published on October 13, 2016 as well as‘s news article titled: “Intel Corporation’s Data Center Business: 3 Things Investors Need to Know” with publication date: October 13, 2016.

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