Howard Capital Management Upped Its Position in Intel (INTC) by $2.11 Million; Vnbtrust National Association Decreased Carmax (KMX) Position by $5.03 Million

April 26, 2018 - By Dolores Ford

Intel Corporation (NASDAQ:INTC) Logo

Howard Capital Management increased its stake in Intel Corp (INTC) by 15.51% based on its latest 2017Q4 regulatory filing with the SEC. Howard Capital Management bought 45,911 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 341,941 shares of the semiconductors company at the end of 2017Q4, valued at $15.78M, up from 296,030 at the end of the previous reported quarter. Howard Capital Management who had been investing in Intel Corp for a number of months, seems to be bullish on the $248.00 billion market cap company. The stock increased 3.17% or $1.63 during the last trading session, reaching $53.01. About 22.39 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since April 26, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Vnbtrust National Association decreased its stake in Carmax Inc (KMX) by 73.91% based on its latest 2017Q4 regulatory filing with the SEC. Vnbtrust National Association sold 78,588 shares as the company’s stock declined 8.40% with the market. The institutional investor held 27,745 shares of the automotive aftermarket company at the end of 2017Q4, valued at $1.78M, down from 106,333 at the end of the previous reported quarter. Vnbtrust National Association who had been investing in Carmax Inc for a number of months, seems to be less bullish one the $11.17B market cap company. The stock increased 0.05% or $0.03 during the last trading session, reaching $62.12. About 926,781 shares traded. CarMax Inc. (NYSE:KMX) has risen 1.49% since April 26, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Since December 15, 2017, it had 2 insider buys, and 10 selling transactions for $11.48 million activity. $2,280 worth of CarMax Inc. (NYSE:KMX) was bought by GRAFTON W ROBERT. On Wednesday, April 18 the insider MARGOLIN ERIC M sold $1.28M. GOODMAN SHIRA had sold 3,621 shares worth $217,767 on Wednesday, April 11. Another trade for 5,000 shares valued at $310,600 was made by Bensen Peter J on Friday, April 6. 49,714 shares valued at $3.13 million were sold by Wood William C Jr. on Tuesday, April 17. 6,584 shares were sold by Newberry Darren C, worth $478,064.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.14, from 0.9 in 2017Q3. It increased, as 39 investors sold KMX shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Madison Investment Inc holds 1.22% in CarMax Inc. (NYSE:KMX) or 1.12M shares. Qvt Lp holds 151,253 shares. Capital Fincl Advisers has invested 0.04% in CarMax Inc. (NYSE:KMX). Fmr Ltd Liability reported 0% of its portfolio in CarMax Inc. (NYSE:KMX). Atlantic Group Llc, a Georgia-based fund reported 2,507 shares. Osborne Prns Mgmt Limited Liability Company holds 18,475 shares or 0.16% of its portfolio. Nordea Inv Mgmt has 0.04% invested in CarMax Inc. (NYSE:KMX). Tudor Inv Corp Et Al reported 0.03% in CarMax Inc. (NYSE:KMX). Dorsey & Whitney Tru Com Ltd Liability Com holds 0.06% or 5,454 shares in its portfolio. Ls Invest Advsrs Lc holds 7,122 shares. Credit Suisse Ag has 0.01% invested in CarMax Inc. (NYSE:KMX). Kbc Gp Nv holds 0.01% of its portfolio in CarMax Inc. (NYSE:KMX) for 11,178 shares. Brown Brothers Harriman And has 0% invested in CarMax Inc. (NYSE:KMX) for 12,512 shares. Dnb Asset Management As accumulated 578,715 shares or 0.45% of the stock. Oppenheimer Asset has 0.02% invested in CarMax Inc. (NYSE:KMX) for 10,036 shares.

Among 18 analysts covering Carmax Inc (NYSE:KMX), 9 have Buy rating, 2 Sell and 7 Hold. Therefore 50% are positive. Carmax Inc had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, December 22 by Wedbush. The stock of CarMax Inc. (NYSE:KMX) has “Buy” rating given on Friday, October 27 by RBC Capital Markets. On Tuesday, August 18 the stock rating was maintained by Wedbush with “Neutral”. On Monday, December 21 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. On Friday, November 17 the stock rating was downgraded by Deutsche Bank to “Hold”. As per Friday, April 8, the company rating was maintained by Deutsche Bank. Susquehanna initiated CarMax Inc. (NYSE:KMX) on Friday, August 26 with “Positive” rating. RBC Capital Markets maintained it with “Buy” rating and $78.0 target in Monday, February 12 report. The stock of CarMax Inc. (NYSE:KMX) earned “Conviction Buy” rating by Goldman Sachs on Monday, August 3. Credit Suisse upgraded CarMax Inc. (NYSE:KMX) on Thursday, December 21 to “Buy” rating.

Vnbtrust National Association, which manages about $171.43M US Long portfolio, upped its stake in Discovery Communicatns New (NASDAQ:DISCK) by 172,540 shares to 764,221 shares, valued at $16.18 million in 2017Q4, according to the filing. It also increased its holding in Allergan Plc by 1,870 shares in the quarter, for a total of 3,466 shares, and has risen its stake in Friedman Inds Inc (NYSEMKT:FRD).

Analysts await CarMax Inc. (NYSE:KMX) to report earnings on June, 20. They expect $1.22 EPS, up 7.96% or $0.09 from last year’s $1.13 per share. KMX’s profit will be $219.29 million for 12.73 P/E if the $1.22 EPS becomes a reality. After $0.77 actual EPS reported by CarMax Inc. for the previous quarter, Wall Street now forecasts 58.44% EPS growth.

Since October 27, 2017, it had 0 insider purchases, and 15 insider sales for $32.38 million activity. 8,967 Intel Corporation (NASDAQ:INTC) shares with value of $436,410 were sold by Shenoy Navin. McBride Kevin Thomas had sold 686 shares worth $31,943 on Wednesday, February 21. On Wednesday, January 31 the insider RENDUCHINTALA VENKATA S M sold $880,540. Shares for $20.89M were sold by Smith Stacy J on Monday, October 30. Shares for $25,360 were sold by Bryant Diane M on Friday, October 27. $3.99 million worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D.

Howard Capital Management, which manages about $328.90 million and $680.34M US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 2,510 shares to 130,357 shares, valued at $23.00 million in 2017Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 3,895 shares in the quarter, leaving it with 324,745 shares, and cut its stake in Nike Inc (NYSE:NKE).

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 4 Sell and 15 Hold. Therefore 65% are positive. Intel Corporation had 249 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 14 by Macquarie Research. The stock has “Buy” rating by Summit Research on Wednesday, October 14. Jefferies maintained it with “Sell” rating and $30.0 target in Thursday, August 31 report. The rating was upgraded by Macquarie Research to “Outperform” on Monday, January 25. The company was maintained on Monday, January 18 by TH Capital. The rating was maintained by Citigroup with “Neutral” on Friday, August 21. The rating was maintained by Credit Suisse with “Buy” on Tuesday, April 3. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Needham on Friday, October 27. The rating was maintained by Mizuho on Monday, September 21 with “Neutral”. The firm earned “Hold” rating on Wednesday, August 23 by RBC Capital Markets.

CarMax Inc. (NYSE:KMX) Institutional Positions Chart

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