Capital Investment Advisors LLC Sells 28,951 Shares of Intel Corporation $INTC

Key Points

• Capital Investment Advisors LLC has reduced its stakes in Intel Corporation by 13.1%, selling 28,951 shares and leaving them with 191,531 shares valued at approximately $4.29 million.
• Intel recently reported an earnings per share (EPS) of (-$0.10), missing analyst expectations, despite a revenue increase to $12.86 billion for the quarter.
• Wall Street analysts have mixed views on Intel, with current ratings ranging from two Buy ratings, twenty-four Hold ratings, to five Sell ratings, and an average price target of $26.19.

Capital Investment Advisors LLC decreased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 13.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 191,531 shares of the chip maker's stock after selling 28,951 shares during the period. Capital Investment Advisors LLC's holdings in Intel were worth $4,290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INTC. Verdence Capital Advisors LLC raised its stake in shares of Intel by 1.1% in the first quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock valued at $1,037,000 after acquiring an additional 486 shares during the last quarter. Independent Wealth Network Inc. raised its stake in shares of Intel by 5.2% in the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker's stock valued at $222,000 after acquiring an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock valued at $59,000 after acquiring an additional 491 shares during the last quarter. one8zero8 LLC raised its stake in shares of Intel by 4.2% in the first 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 last quarter. Finally, Indiana Trust & Investment Management Co raised its stake in shares of Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker's stock valued at $147,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of Intel stock opened at $33.56 on Wednesday. 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 firm has a market cap of $146.89 billion, a P/E ratio of -7.04 and a beta of 1.23. The firm has a 50 day simple moving average of $24.60 and a 200 day simple moving average of $22.55. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $36.30.

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 for the quarter, compared to analyst estimates of $11.88 billion. During the same period in the prior year, the firm posted $0.02 EPS. 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. Sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on INTC shares. Roth Capital reiterated a "neutral" rating and issued a $30.00 target price on shares of Intel in a research note on Thursday, September 18th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday. Stifel Nicolaus lifted their target price on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Barclays lifted their target price on shares of Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research note on Friday, September 19th. Finally, DZ Bank reiterated a "sell" rating on shares of Intel in a research note on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $26.19.

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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