Alexandria Capital Decreased Intel (INTC) Position; Seagate Technology PLC (STX)’s Sentiment Is 1.06

August 10, 2017 - By Nellie Frank

Alexandria Capital Llc decreased Intel Corp (INTC) stake by 51.38% reported in 2016Q4 SEC filing. Alexandria Capital Llc sold 130,220 shares as Intel Corp (INTC)’s stock declined 2.96%. The Alexandria Capital Llc holds 123,227 shares with $4.47M value, down from 253,447 last quarter. Intel Corp now has $171.04B valuation. The stock declined 0.52% or $0.19 reaching $36.4 per share. About 11.27M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since August 10, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

Seagate Technology public limited company is a well-known provider of electronic data storage technology and solutions. The company has market cap of $9.29 billion. The Company’s principal products are hard disk drives . It has a 12.34 P/E ratio. In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers.

Harvey Partners Llc holds 4.02% of its portfolio in Seagate Technology PLC for 100,236 shares. Valueact Holdings L.P. owns 9.54 million shares or 2.99% of their US portfolio. Moreover, Disciplined Growth Investors Inc Mn has 2.15% invested in the company for 2.46 million shares. The Missouri-based Argent Capital Management Llc has invested 1.86% in the stock. Pzena Investment Management Llc, a New York-based fund reported 8.31 million shares.

Ratings analysis reveals 31% of Seagate Tech’s analysts are positive. Out of 13 Wall Street analysts rating Seagate Tech, 4 give it “Buy”, 1 “Sell” rating, while 8 recommend “Hold”. The lowest target is $22.0 while the high is $50.0. The stock’s average target of $39.30 is 23.43% above today’s ($31.84) share price. STX was included in 13 notes of analysts from August 31, 2016. The company was maintained on Wednesday, October 12 by Maxim Group. The stock has “Market Perform” rating by Cowen & Co on Tuesday, October 11. UBS maintained Seagate Technology PLC (NASDAQ:STX) on Monday, September 19 with “Sell” rating. The stock of Seagate Technology PLC (NASDAQ:STX) earned “Strong Buy” rating by Needham on Wednesday, October 12. On Wednesday, January 4 the stock rating was initiated by Guggenheim with “Neutral”. RBC Capital Markets maintained it with “Sector Perform” rating and $34.0 target in Wednesday, August 31 report. The rating was maintained by FBN Securities with “Sector Perform” on Tuesday, October 11. Mizuho maintained Seagate Technology PLC (NASDAQ:STX) on Wednesday, January 25 with “Neutral” rating. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, January 31 report. Longbow upgraded Seagate Technology PLC (NASDAQ:STX) on Tuesday, April 11 to “Buy” rating.

About 3.53 million shares traded. Seagate Technology PLC (STX) has risen 107.16% since August 10, 2016 and is uptrending. It has outperformed by 90.46% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 7 sales for $2.66 million activity.

Among 51 analysts covering Intel Corporation (NASDAQ:INTC), 30 have Buy rating, 5 Sell and 16 Hold. Therefore 59% are positive. Intel Corporation had 169 analyst reports since August 7, 2015 according to SRatingsIntel. Northland Capital maintained the shares of INTC in report on Wednesday, June 21 with “Hold” rating. The rating was maintained by Topeka Capital Markets on Friday, January 15 with “Buy”. Goldman Sachs maintained the shares of INTC in report on Wednesday, April 20 with “Neutral” rating. Needham maintained the shares of INTC in report on Monday, September 19 with “Buy” rating. The rating was upgraded by JMP Securities to “Market Outperform” on Friday, November 20. RBC Capital Markets maintained Intel Corporation (NASDAQ:INTC) on Wednesday, July 12 with “Hold” rating. The firm has “Neutral” rating by UBS given on Tuesday, January 5. Morgan Stanley maintained Intel Corporation (NASDAQ:INTC) on Wednesday, October 19 with “Underweight” rating. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Monday, September 19 by Mizuho. On Monday, September 19 the stock rating was maintained by Nomura with “Buy”.

Since February 23, 2017, it had 1 insider purchase, and 4 insider sales for $4.62 million activity. Shares for $2.54M were sold by Krzanich Brian M on Monday, March 13. The insider RENDUCHINTALA VENKATA S M sold 1,424 shares worth $52,489. $504,204 worth of Intel Corporation (NASDAQ:INTC) was bought by SWAN ROBERT HOLMES on Monday, June 5. Another trade for 55,821 shares valued at $2.03M was made by Bryant Diane M on Thursday, February 23.