Aprio Wealth Management LLC Invests $240,000 in Intel Corporation $INTC

Key Points

• Aprio Wealth Management LLC recently acquired a new position in Intel Corporation by purchasing 10,562 shares valued at approximately $240,000 in the first quarter.
• Intel's quarterly earnings report revealed that the company missed consensus estimates with a loss of ($0.10) EPS, despite revenues rising to $12.86 billion.
• The stock is currently up 2.5% and has a market capitalization of $107.72 billion, with institutional investors owning over 64.53% of the company's stock.

Aprio Wealth Management LLC purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,562 shares of the chip maker's stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Advisory LLC increased its holdings in Intel by 4.3% during the 4th quarter. Cornerstone Advisory LLC now owns 9,863 shares of the chip maker's stock worth $198,000 after purchasing an additional 409 shares during the last quarter. Verdence Capital Advisors LLC grew its position in Intel by 1.1% during the first quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock worth $1,037,000 after buying an additional 486 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock valued at $59,000 after purchasing an additional 491 shares during the period. one8zero8 LLC raised its holdings in Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock valued at $280,000 after acquiring an additional 500 shares during the period. Finally, Lakeridge Wealth Management LLC boosted its position in Intel by 4.4% during the first quarter. Lakeridge Wealth Management LLC now owns 12,521 shares of the chip maker's stock valued at $284,000 after buying an additional 525 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Intel in a research report on Wednesday, May 21st. They issued a "hold" rating and a $23.00 price objective for the company. Mizuho increased their target price on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Loop Capital assumed coverage on Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 price objective for the company. Wall Street Zen cut Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Finally, Needham & Company LLC restated a "hold" rating on shares of Intel in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat.com, Intel presently has a consensus rating of "Reduce" and a consensus price target of $22.17.

Intel Stock Down 0.0%

Shares of INTC stock traded down $0.01 on Monday, reaching $24.49. 35,695,045 shares of the stock were exchanged, compared to its average volume of 97,651,313. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $27.55. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The business's 50 day moving average price is $22.71 and its 200 day moving average price is $21.81. The company has a market capitalization of $107.17 billion, a price-to-earnings ratio of -5.14 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results 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 analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts expect that Intel Corporation will post -0.11 earnings per share 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.