From MarketBeat: Intel Co. (NASDAQ:INTC) Shares Sold by Rempart Asset Management Inc.

From MarketBeat:



Rempart Asset Management Inc. reduced its holdings in Intel Co. by 34.1% in the third quarter. The institutional investor owned 144,065 shares of the chip maker’s stock after selling 74,425 shares. A number of other hedge funds have also recently bought and sold shares of INTC. Intel shares traded up 2.0% with a fifty day moving average price of $40.79. The company last reported earnings of $0.41 per share beating analysts’ consensus estimates. Additionally, Intel announced a quarterly dividend and there was some insider activity of shares being purchased by CEO Patrick P. Gelsinger. Several brokerages have recently commented on INTC, with three investment analysts rating the stock as a sell, twenty-one as a hold, and six as a buy. Intel Corporation offers a range of computing and related products worldwide and operates through various segments. The article concludes with offers for readers to view the latest report on INTC and to view the five stocks that top-rated analysts are quietly whispering to their clients to buy now. It also provides an offer to receive a free report on the AI industry and seven companies that are getting work done with the power of AI.



Original: Intel Co. (NASDAQ:INTC) Shares Sold by Rempart Asset Management Inc.