Large Outflow of Money Witnessed in Intel Corporation

Intel Corporation (INTC) : Fridays money flow analysis of Intel Corporation (INTC) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $73.97 million. In comparison, the inflow of money on upticks was a meager $52.65 million. The dollar value of composite uptick trades minus the downtick trades was negative $21.31 million. The uptick to downtick ratio of 0.71 in the money flow shows weakness. The uptick block trades were valued at $2.64 million. The downtick transaction value was high at $20.49 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.13. Hence, the net money flow in the stock was negative ($17.85 million). Intel Corporation (INTC) gained $0.06 at $36.08, a change of 0.17% over the previous days close.


The company Insiders own 0.09% of Intel Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.28% . Institutional Investors own 65.07% of Intel Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -22.76%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Pres Client & IOT & SAG) of Intel Corp, Renduchintala Venkata S M had sold 13,997 shares worth of $485,836 in a transaction dated July 28, 2016. In this transaction, 13,997 shares were sold at $34.71 per share.

Intel Corporation (NASDAQ:INTC): The stock opened at $36.21 and touched an intraday high of $36.33 on Friday. During the day, the stock corrected to an intraday low of $35.95, however, the bulls stepped in and pushed the price higher to close in the green at $36.08 with a gain of 0.17% for the day. The total traded volume for the day was 16,726,718. The stock had closed at $36.02 in the previous trading session.

Intel Corporation (INTC) : Traders are bullish on Intel Corporation (INTC) as it has outperformed the S&P 500 by a wide margin of 3.28% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.33% in the last 1 week, and is up 3.14% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company 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 Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

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