Columbia Asset Management Has $719,000 Holdings in Intel Corporation $INTC

Key Points

• Columbia Asset Management reduced its stake in Intel Corporation by 37.9%, now holding 32,082 shares valued at $719,000.
• Intel's stock price recently opened at $33.56, with a 52-week range of $17.67 to $36.30 and a market cap of $146.89 billion.
• In its latest earnings report, Intel missed analysts' consensus with an EPS of ($0.10), despite reporting a revenue of $12.86 billion, up 0.5% year-over-year.

Columbia Asset Management lessened its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 37.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,082 shares of the chip maker's stock after selling 19,606 shares during the quarter. Columbia Asset Management's holdings in Intel were worth $719,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Versant Capital Management Inc raised its stake in Intel by 19.9% in the 1st quarter. Versant Capital Management Inc now owns 6,693 shares of the chip maker's stock valued at $152,000 after acquiring an additional 1,110 shares during the period. GAMMA Investing LLC raised its stake in Intel by 1,982.3% in the 1st quarter. GAMMA Investing LLC now owns 321,937 shares of the chip maker's stock valued at $73,110,000 after acquiring an additional 306,476 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in Intel by 1.7% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 39,923 shares of the chip maker's stock valued at $907,000 after acquiring an additional 651 shares during the period. NBC Securities Inc. raised its stake in Intel by 114,936.4% in the 1st quarter. NBC Securities Inc. now owns 12,654 shares of the chip maker's stock valued at $287,000 after acquiring an additional 12,643 shares during the period. Finally, Merit Financial Group LLC raised its stake in Intel by 17.0% in the 1st quarter. Merit Financial Group LLC now owns 78,108 shares of the chip maker's stock valued at $1,774,000 after acquiring an additional 11,372 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Down 2.7%

Shares of NASDAQ INTC opened at $33.56 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $36.30. The stock has a market capitalization of $146.89 billion, a P/E ratio of -7.04 and a beta of 1.23. The stock's fifty day moving average is $24.60 and its 200 day moving average is $22.55.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly 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 company 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 business posted $0.02 EPS. The firm's revenue for the quarter 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 forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on INTC shares. Benchmark upgraded Intel from a "hold" rating to a "buy" rating and set a $43.00 price target on the stock in a research note on Friday, September 19th. Barclays increased their price objective on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Friday, September 19th. UBS Group increased their price objective on Intel from $25.00 to $35.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. DZ Bank reiterated a "sell" rating on shares of Intel in a research report on Friday, September 19th. Finally, Northland Securities increased their price objective on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has a consensus rating of "Reduce" and a consensus target price of $26.19.

About Intel

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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