12,510 Shares in Intel Corporation $INTC Bought by Defined Wealth Management LLC

Key Points

• Defined Wealth Management LLC acquired a new stake in Intel Corporation, purchasing 12,510 shares valued at approximately $280,000 during the 2nd quarter.
• Several institutional investors have increased their holdings in Intel, with notable increases from Vanguard Group and UBS AM, indicating strong interest in the stock.
• Intel's stock recently reported a 2.0% increase and has a market cap of $110.61 billion, despite recent earnings missing analyst expectations.

Defined Wealth Management LLC acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,510 shares of the chip maker's stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after purchasing an additional 8,291,233 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Intel by 8.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock valued at $1,268,430,000 after purchasing an additional 4,793,927 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after purchasing an additional 158,288 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after purchasing an additional 562,246 shares during the last quarter. Finally, Amundi increased its holdings in shares of Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker's stock valued at $849,606,000 after purchasing an additional 6,829,690 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Up 2.0%

Shares of NASDAQ INTC opened at $25.27 on Wednesday. The company has a 50 day simple moving average of $23.00 and a 200 day simple moving average of $21.87. The firm has a market cap of $110.61 billion, a PE ratio of -5.30 and a beta of 1.23. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The business had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Loop Capital assumed coverage on shares of Intel in a report on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective on the stock. Mizuho boosted their target price on shares of Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Sanford C. Bernstein reissued a "market perform" rating on shares of Intel in a research report on Tuesday, August 19th. Rosenblatt Securities reissued a "sell" rating and issued a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, July 25th. One investment analyst has rated the stock with a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $22.17.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

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