In a filing, Intel Corp revealed its EVP & GM, CCG Holthaus Michelle Johnston unloaded Company’s shares for reported $0.65 million on Nov 07 ’24. In the deal valued at $26.00 per share,25,000 shares were sold. As a result of this transaction, Holthaus Michelle Johnston now holds 273,258 shares worth roughly $7.08 million.
Then, Michelle Johnston Holthaus bought 25,000 shares, generating $625,000 in total proceeds.
Before that, GELSINGER PATRICK P bought 11,150 shares. Intel Corp shares valued at $251,198 were divested by the CEO at a price of $22.53 per share. As a result of the transaction, GELSINGER PATRICK P now holds 105,033 shares, worth roughly $2.72 million.
BofA Securities upgraded its Intel Corp [INTC] rating to a Neutral from a an Underperform in a research note published on March 13, 2025; the price target was increased to $25 from $19. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late January from “a Reduce” to “a Hold”. Mizuho also remained covering INTC and has decreased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Argus revised its rating on August 06, 2024. It rated INTC as “a Hold” which previously was an “a Buy”.
Price Performance Review of INTC
On Tuesday, Intel Corp [NASDAQ:INTC] saw its stock jump 0.90% to $25.92. Over the last five days, the stock has gained 31.04%. Intel Corp shares have risen nearly 29.28% since the year began. Nevertheless, the stocks have fallen -39.37% over the past one year. While a 52-week high of $45.41 was reached on 02/18/25, a 52-week low of $18.51 was recorded on 01/13/25. SMA at 50 days reached $21.59, while 200 days put it at $23.92.
Levels Of Support And Resistance For INTC Stock
The 24-hour chart illustrates a support level at 25.40, which if violated will result in even more drops to 24.89. On the upside, there is a resistance level at 26.42. A further resistance level may holdings at 26.93. The Relative Strength Index (RSI) on the 14-day chart is 65.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.88%. Stochastics %K at 89.75% indicates the stock is a selling.
How much short interest is there in Intel Corp?
A steep rise in short interest was recorded in Intel Corp stocks on 2025-02-28, growing by 16.96 million shares to a total of 125.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 108.57 million shares. There was a rise of 13.51%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 02, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $25.
