65,927 Shares in Intel Corporation $INTC Acquired by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC acquired a new stake of 65,927 shares in Intel Corporation valued at approximately $1.48 million during Q2.
• Institutional investors hold 64.53% of Intel's stock, with several large firms increasing their stakes significantly in recent quarters.
• Analyst ratings reflect a consensus "Reduce" rating for Intel, with a price target raised to $25.90 amidst mixed opinions from various analysts.

Park Avenue Securities LLC bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 65,927 shares of the chip maker's stock, valued at approximately $1,477,000.

Other large investors also recently added to or reduced their stakes in the company. Westbourne Investments Inc. increased its stake in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after purchasing an additional 54,395 shares during the period. Swedbank AB grew its holdings in shares of Intel by 5.0% in the second quarter. Swedbank AB now owns 9,467,128 shares of the chip maker's stock valued at $212,064,000 after purchasing an additional 454,234 shares in the last quarter. Czech National Bank increased its stake in Intel by 7.2% during the 2nd quarter. Czech National Bank now owns 1,066,599 shares of the chip maker's stock worth $23,892,000 after buying an additional 72,065 shares during the period. 180 Wealth Advisors LLC lifted its holdings in Intel by 124.9% during the 1st quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock worth $2,905,000 after buying an additional 71,049 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC purchased a new position in Intel in the 2nd quarter valued at approximately $345,245,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup reaffirmed a "sell" rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Barclays increased their price target on Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research report on Friday, September 19th. Mizuho boosted their price objective on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Wall Street Zen upgraded shares of Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Finally, Sanford C. Bernstein reiterated a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $25.90.

Intel Price Performance

INTC stock opened at $33.99 on Friday. The business has a 50 day moving average price of $23.92 and a 200 day moving average price of $22.29. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The stock has a market cap of $148.77 billion, a price-to-earnings ratio of -7.13 and a beta of 1.23. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $34.25.

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

Intel Profile

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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