Intel Corporation (NASDAQ:INTC – Get Free Report) traded up 11% on Wednesday after an insider bought additional shares in the company. The stock was purchased at an average price of $42.50 per share, for a total transaction of $249,985.00. New Street Research increased their price target on Intel from $40.00 to $50.00 and gave the stock a “neutral” rating in a research report on Monday. Bank of America reissued an “underperform” rating and set a $34.00 target price on shares of Intel in a research report on Monday, October 13th. Intel Stock Up 11.0%The firm has a market cap of $243.66 billion, a price-to-earnings ratio of -609.67, a P/E/G ratio of 8.83 and a beta of 1.35.