Intel Corp. (NASDAQ:INTC) CFO Stacy Smith sold 51,217 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $24.81, for a total transaction of $1,270,693.77. Following the transaction, the chief financial officer now directly owns 145,009 shares in the company, valued at approximately $3,597,673. Intel Corporation (NASDAQ:INTC) stock opened at $24.65 in last trading session, and closed at $24.50, trading in the range of $24.42 – $24.72. The stock showed a positive weekly performance of 0.12%.
Advanced Micro Devices (NYSE:AMD)‘s stock had its “underweight” rating reiterated by analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday, American Banking & Market News reports. They currently have a $2.50 target price on the stock. Morgan Stanley’s price target would suggest a potential downside of 40.05% from the stock’s previous close. Advanced Micro Devices, Inc. (NYSE:AMD) shares closed at $3.72 on last trade day, by gaining 0.54%. Stock 52 week range is $2.26 – $4.65. Company’s market capitalization is $2.73 billion.
ON Semiconductor Corp (NASDAQ:ONNN) had its price target raised by analysts at Morgan Stanley from $6.50 to $7.00. They now have an “underweight” rating on the stock. They wrote, “The improvement in ON’s business is encouraging, although [that] should not prove that surprising given the company’s bullish tone earlier this year at CES. The SANYO business (now called SSG) was break-even in the quarter, representing an important milestone. That said, we expect only modest improvement in SSG profitability in absence of stronger revenue growth. At the same time, the company is reinstating variable comp for the core ON business, which will offset some of the opex savings expected in SSG. Net, net, while ON’s business is showing initial signs of recovery, we remain Underweight relative to other names in our universe that have stronger growth prospects and/or operating leverage.” ON Semiconductor Corp (NASDAQ:ONNN) stock advanced 0.11% and finished the last session at $9.46. The EPS of the stock remained 0.36. Company’s market capitalization is $4.23 billion.
Shares of Atmel Corp. (NASDAQ:ATML) have received an average recommendation of “Buy” from the sixteen ratings firms that are covering the stock, Analyst Ratings Net reports. Seven investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $8.70. Atmel Corporation (NASDAQ:ATML) stock opened at $7.88 in last trading session and closed at $7.91. The 52 week range of the stock is $5.89 – $8.91 and the day range was $7.84 – $7.97.