Activest Wealth Management Has $315,000 Holdings in Intel Corporation $INTC

Key Points

• Activest Wealth Management increased its holdings in Intel Corporation by 135.5% during the 2nd quarter, owning 14,044 shares valued at $315,000 after acquiring an additional 8,081 shares.
• Recent analyst ratings for Intel include Hsbc Global Research downgrading it to "moderate sell," while Mizuho raised the target price from $23 to $39, reflecting mixed sentiment on the stock.
• Intel's recent earnings report showed a loss of ($0.10) EPS, missing estimates, though revenue increased by 0.5% year-over-year, indicating some growth despite profitability issues.

Activest Wealth Management lifted its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 135.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,044 shares of the chip maker's stock after acquiring an additional 8,081 shares during the quarter. Activest Wealth Management's holdings in Intel were worth $315,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of INTC. Westbourne Investments Inc. lifted its holdings in Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after buying an additional 54,395 shares in the last quarter. KLP Kapitalforvaltning AS lifted its holdings in Intel by 6.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock worth $34,920,000 after buying an additional 93,900 shares in the last quarter. LBP AM SA lifted its holdings in Intel by 1.8% during the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker's stock worth $16,460,000 after buying an additional 13,248 shares in the last quarter. Lockerman Financial Group Inc. acquired a new position in Intel during the 2nd quarter worth $237,000. Finally, IFP Advisors Inc lifted its holdings in Intel by 13.1% during the 2nd quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker's stock worth $3,742,000 after buying an additional 19,306 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

INTC has been the subject of several recent research reports. Hsbc Global Res cut shares of Intel from a "hold" rating to a "moderate sell" rating in a research report on Tuesday, October 7th. Mizuho upped their target price on shares of Intel from $23.00 to $39.00 and gave the company a "neutral" rating in a research report on Monday. Bank of America reiterated an "underperform" rating and set a $34.00 target price on shares of Intel in a research report on Monday. Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald upped their target price on shares of Intel from $26.00 to $36.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, Intel has an average rating of "Reduce" and a consensus target price of $28.25.

Intel Price Performance

INTC stock opened at $37.15 on Thursday. The stock has a 50-day moving average price of $28.16 and a two-hundred day moving average price of $23.52. The stock has a market cap of $162.61 billion, a PE ratio of -7.79 and a beta of 1.33. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results 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 firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Intel Company 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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