220,100 Shares in Intel Corporation $INTC Bought by RPg Family Wealth Advisory LLC

Key Points

• RPg Family Wealth Advisory LLC acquired a new stake of 220,100 shares in Intel during Q2, valued at approximately $4.93 million.
• Several large institutions — including Norges Bank, Nuveen, Price T. Rowe Associates and Goldman Sachs — also built or expanded positions, leaving institutional investors with 64.53% ownership of Intel.
• Wall Street sentiment is mixed-to-negative with a consensus rating of Reduce and an average price target of $34.84, despite Intel reporting $0.23 EPS recently and trading near its 12‑month high (~$43.68).

RPg Family Wealth Advisory LLC acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 220,100 shares of the chip maker's stock, valued at approximately $4,930,000.

A number of other large investors also recently bought and sold shares of INTC. Norges Bank acquired a new stake in Intel in the 2nd quarter valued at about $1,579,378,000. Nuveen LLC acquired a new stake in shares of Intel in the first quarter valued at approximately $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Intel during the 2nd quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD raised its position in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock worth $677,426,000 after purchasing an additional 14,901,457 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Intel by 133.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock valued at $426,009,000 after buying an additional 10,719,274 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of recent research reports. Rosenblatt Securities lifted their price objective on Intel from $14.00 to $25.00 and gave the stock a "sell" rating in a research report on Friday, October 24th. Bank of America restated an "underperform" rating and set a $34.00 price objective on shares of Intel in a report on Monday, October 13th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Intel in a research note on Monday. Mizuho increased their target price on Intel from $39.00 to $41.00 and gave the stock a "neutral" rating in a research report on Friday, October 24th. Finally, Morgan Stanley lifted their price target on Intel from $23.00 to $36.00 and gave the company an "equal weight" rating in a report on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $34.84.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $43.47 on Wednesday. The business has a 50-day moving average of $37.16 and a two-hundred day moving average of $27.71. The firm has a market capitalization of $207.66 billion, a PE ratio of 4,351.35 and a beta of 1.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $43.68.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. Intel's revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

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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