Alyeska Investment Group L.P. Takes $88.76 Million Position in Intel Corporation $INTC

Key Points

• Alyeska Investment Group L.P. invested approximately $88.76 million in Intel Corporation (NASDAQ: INTC) by acquiring 3,908,283 shares during the first quarter.
• Other institutional investors, such as Amundi and Adage Capital Partners, have also increased their stakes in Intel, with 64.53% of the stock currently owned by institutional investors and hedge funds.
• Intel reported a loss of $0.10 per share for the last quarter, missing analysts' expectations, while revenues were up by 0.5% year over year, totaling $12.86 billion.

Alyeska Investment Group L.P. purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,908,283 shares of the chip maker's stock, valued at approximately $88,757,000. Alyeska Investment Group L.P. owned 0.09% of Intel at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Amundi lifted its stake in shares of Intel by 22.0% in the 1st 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 period. Aprio Wealth Management LLC purchased a new stake in Intel in the first quarter worth $240,000. Adage Capital Partners GP L.L.C. raised its holdings in Intel by 12.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 4,298,685 shares of the chip maker's stock worth $97,623,000 after purchasing an additional 469,000 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its position in Intel by 4.4% during the first quarter. Federation des caisses Desjardins du Quebec now owns 372,789 shares of the chip maker's stock valued at $8,466,000 after buying an additional 15,598 shares during the period. Finally, Southpoint Capital Advisors LP bought a new stake in shares of Intel during the 1st quarter valued at $62,452,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 0.5%

NASDAQ:INTC traded down $0.12 on Friday, reaching $24.49. 55,699,848 shares of the stock traded hands, compared to its average volume of 127,681,256. The company has a market capitalization of $107.19 billion, a price-to-earnings ratio of -5.13 and a beta of 1.23. 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 12 month low of $17.67 and a 12 month high of $27.55. The company's fifty day simple moving average is $22.71 and its 200 day simple moving average is $21.87.

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 firm had revenue of $12.86 billion for 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 revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

INTC has been the subject of several research reports. UBS Group increased their price target on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. increased their price target on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. Stifel Nicolaus increased their price target on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research note on Monday, July 21st. Loop Capital initiated coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 price target for the company. Finally, Rosenblatt Securities reiterated a "sell" rating and issued a $14.00 price target on shares of Intel in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus 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.