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Grant Private Wealth Management bought Intel shares, but the company faces financial challenges and has a "Hold" rating.
Grant Private Wealth Management Inc bought 16,737 shares of Intel for about $336,000 in the fourth quarter.
Despite institutional investors owning 64.53% of Intel's stock, the company reported a negative return on equity and net margin in its latest quarter.
Intel's stock opened at $21.98, has a market cap of $95.85 billion, and analysts give it a "Hold" rating with a price target of $27.04.
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Grant Private Wealth Management compró acciones de Intel, pero la compañía se enfrenta a desafíos financieros y tiene una calificación de "retención".