Arista Wealth Management LLC Takes Position in Intel Corporation $INTC

Key Points

• Arista Wealth Management LLC acquired a new stake in Intel Corporation, purchasing 12,337 shares valued at approximately $276,000 in the 2nd quarter.
• Intel's stock has seen significant institutional investment, with several funds increasing their holdings, resulting in institutional ownership reaching 64.53%.
• Despite a reported loss of $0.10 EPS in the most recent earnings results, Intel's revenue was up by 0.5% year-over-year, outperforming analysts' expectations.

Arista Wealth Management LLC purchased a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 12,337 shares of the chip maker's stock, valued at approximately $276,000.

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

Intel Stock Up 0.5%

NASDAQ INTC opened at $37.01 on Friday. 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's 50 day simple moving average is $28.85 and its 200 day simple moving average is $23.72. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The company has a market capitalization of $161.99 billion, a P/E ratio of -7.76 and a beta of 1.33.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The firm's revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities research analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

INTC has been the topic of several recent research reports. Barclays lifted their price objective on shares of Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research report on Friday, September 19th. Seaport Res Ptn upgraded shares of Intel from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 24th. DZ Bank restated a "sell" rating on shares of Intel in a research report on Friday, September 19th. HSBC restated a "reduce" rating and set a $24.00 price target (up from $21.25) on shares of Intel in a research report on Tuesday, October 7th. Finally, UBS Group boosted their price target on shares of Intel from $35.00 to $40.00 and gave the stock a "neutral" rating in a research report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and seven have given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Reduce" and an average price target of $28.54.

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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