Bridgeway Capital Management LLC Has $19.06 Million Holdings in Intel Corporation $INTC

Key Points

• Bridgeway Capital Management LLC has decreased its stake in Intel Corporation by 9.0%, selling 82,713 shares to hold a total of 839,397 shares, valued at approximately $19.06 million.
• Intel reported earnings of ($0.10) per share for the last quarter, missing estimates by $0.11, although its revenue was up by 0.5% year-over-year.
• The current consensus rating for Intel's stock is "Reduce," with a target price of $22.17, following several analysts' reviews and adjustments.

Bridgeway Capital Management LLC decreased its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 9.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 839,397 shares of the chip maker's stock after selling 82,713 shares during the quarter. Bridgeway Capital Management LLC's holdings in Intel were worth $19,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC acquired a new position in shares of Intel during the 1st quarter worth $25,000. Vermillion Wealth Management Inc. acquired a new position in shares of Intel during the 4th quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel in the 1st quarter valued at $27,000. LFA Lugano Financial Advisors SA acquired a new position in Intel in the 1st quarter valued at $30,000. Finally, Olde Wealth Management LLC acquired a new position in Intel in the 1st quarter valued at $31,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on INTC shares. Wall Street Zen lowered shares of Intel from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. JPMorgan Chase & Co. raised their price objective on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Benchmark reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. Sanford C. Bernstein restated a "market perform" rating on shares of Intel in a research report on Tuesday, August 19th. Finally, Stifel Nicolaus raised their price objective on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research report on Monday, July 21st. One analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $22.17.

Intel Stock Down 0.5%

Shares of Intel stock traded down $0.12 on Friday, hitting $24.49. The company had a trading volume of 55,699,848 shares, compared to its average volume of 127,681,256. The firm has a market capitalization of $107.19 billion, a P/E ratio of -5.13 and a beta of 1.23. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $27.55. 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 stock has a 50-day moving average of $22.71 and a 200-day moving average of $21.87.

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 the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during 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%. The firm's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts predict that Intel Corporation will post -0.11 earnings per share for the current 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.