Ariose Capital Management Ltd Buys Shares of 96,800 Intel Corporation $INTC

Key Points

• Ariose Capital Management Ltd acquired 96,800 shares of Intel Corporation, representing a 1.4% stake in their portfolio valued at approximately $2.17 million.
• Major institutional investors, including Nuveen LLC and Price T Rowe Associates, have also significantly increased their stakes in Intel, indicating strong institutional confidence in the stock.
• Intel faced challenges in its latest quarterly earnings, reporting negative earnings per share of ($0.10) and missing analyst expectations, despite a revenue increase of 0.5% year-over-year.

Ariose Capital Management Ltd purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 96,800 shares of the chip maker's stock, valued at approximately $2,168,000. Intel makes up about 1.4% of Ariose Capital Management Ltd's investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors have also modified their holdings of the company. Nuveen LLC purchased a new stake in shares of Intel in the 1st quarter valued at $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in Intel during the second quarter worth about $345,245,000. Price T Rowe Associates Inc. MD lifted its position in shares of Intel by 99.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock worth $677,426,000 after purchasing an additional 14,901,457 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock worth $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker's stock valued at $508,593,000 after purchasing an additional 10,523,590 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Roth Capital reaffirmed a "neutral" rating and set a $30.00 target price on shares of Intel in a research note on Thursday, September 18th. Benchmark upgraded shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 price target for the company in a research note on Friday, September 19th. Rosenblatt Securities reiterated a "sell" rating and issued a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. JPMorgan Chase & Co. reissued a "sell" rating and set a $21.00 target price on shares of Intel in a research note on Friday, September 19th. Finally, Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Intel presently has an average rating of "Reduce" and an average price target of $25.90.

Intel Trading Up 4.4%

NASDAQ INTC opened at $35.50 on Friday. The firm's fifty day moving average price is $24.17 and its 200 day moving average price is $22.41. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $36.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company has a market capitalization of $155.38 billion, a price-to-earnings ratio of -7.44 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last announced 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). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. During the same period last year, the firm earned $0.02 earnings per share. Intel's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, 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.

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