APG Asset Management N.V. Has $52.19 Million Position in Intel Corporation $INTC

Key Points

• APG Asset Management N.V. has reduced its stake in Intel Corporation by 3.6%, now holding approximately 2.48 million shares valued at $52.19 million.
• Intel Corporation's stock opened at $24.80 and has a market capitalization of $108.55 billion, with trading up by 5.5% recently.
• Intel reported a quarterly loss of ($0.10) EPS, missing analysts' estimates, although it achieved a revenue of $12.86 billion, which was above expectations.

APG Asset Management N.V. reduced its position in Intel Corporation (NASDAQ:INTC - Free Report) by 3.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,482,299 shares of the chip maker's stock after selling 92,364 shares during the period. APG Asset Management N.V. owned 0.06% of Intel worth $52,188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the 1st quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel in the 1st quarter valued at $27,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Intel in the 1st quarter valued at $30,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Intel in the 4th quarter valued at $27,000. Finally, PrairieView Partners LLC boosted its position in shares of Intel by 77.0% in the 1st quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker's stock worth $31,000 after purchasing an additional 608 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Trading Up 2.1%

NASDAQ:INTC traded up $0.50 on Wednesday, reaching $24.85. The company's stock had a trading volume of 86,767,767 shares, compared to its average volume of 99,400,961. 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 quick ratio of 0.92 and a current ratio of 1.24. The firm has a market cap of $108.77 billion, a PE ratio of -5.21 and a beta of 1.22. The business's 50-day moving average price is $22.29 and its two-hundred day moving average price is $21.79.

Intel (NASDAQ:INTC - Get Free Report) last posted 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). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same period in the previous year, the firm posted $0.02 earnings per share. The firm's revenue was up .5% on a year-over-year basis. 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.

Analysts Set New Price Targets

Several research firms have recently issued reports on INTC. Rosenblatt Securities restated a "sell" rating and issued a $14.00 price target on shares of Intel in a research report on Friday, July 25th. Stifel Nicolaus raised their price target on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Seaport Res Ptn upgraded Intel to a "strong sell" rating in a research report on Wednesday, April 30th. Wall Street Zen lowered Intel from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Finally, Loop Capital began coverage on Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 price target on the stock. One investment analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, Intel currently 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.