Banque Transatlantique SA Buys 52,460 Shares of Intel Corporation $INTC

Key Points

• Banque Transatlantique SA significantly increased its stake in Intel Corporation by 1,290.2%, acquiring 52,460 shares for a total of 56,526 shares valued at approximately $1.19 million.
• At present, 64.53% of Intel's shares are owned by institutional investors, showcasing strong interest from the investment community.
• Despite revenue growth of 0.5% year-over-year, Intel reported a negative earnings per share of ($0.10), missing expectations and reflecting challenges in profitability.

Banque Transatlantique SA lifted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 1,290.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,526 shares of the chip maker's stock after acquiring an additional 52,460 shares during the quarter. Banque Transatlantique SA's holdings in Intel were worth $1,186,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Algert Global LLC bought a new position in Intel in the 4th quarter worth $353,000. Cary Street Partners Financial LLC purchased a new position in Intel in the 4th quarter worth approximately $749,000. Captrust Financial Advisors boosted its stake in Intel by 1.7% in the 4th quarter. Captrust Financial Advisors now owns 306,867 shares of the chip maker's stock worth $6,153,000 after purchasing an additional 5,061 shares during the period. CoreCap Advisors LLC raised its position in shares of Intel by 2.6% during the fourth quarter. CoreCap Advisors LLC now owns 21,741 shares of the chip maker's stock valued at $436,000 after buying an additional 558 shares during the last quarter. Finally, Compass Rose Asset Management LP lifted its holdings in shares of Intel by 60.0% in the fourth quarter. Compass Rose Asset Management LP now owns 800,000 shares of the chip maker's stock worth $16,040,000 after buying an additional 300,000 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on INTC. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Friday, July 25th. Citigroup reissued a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. Loop Capital started coverage on Intel in a report on Monday, July 21st. They set a "hold" rating and a $25.00 price target for the company. Stifel Nicolaus upped their price objective on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a report on Monday, July 21st. Finally, Rosenblatt Securities reissued a "sell" rating and issued a $14.00 target price on shares of Intel in a 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 given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average price target of $22.17.

Intel Stock Down 0.9%

Shares of NASDAQ INTC opened at $24.00 on Thursday. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. The firm has a 50-day simple moving average of $22.63 and a two-hundred day simple moving average of $21.88. The company has a market cap of $105.05 billion, a P/E ratio of -5.03 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $11.88 billion. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company's quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Intel 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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