Commerzbank Aktiengesellschaft FI Sells 32,941 Shares of Intel Corporation $INTC

Key Points

• Commerzbank Aktiengesellschaft FI reduced its stake in Intel Corporation by 7.2%, selling 32,941 shares, which brought its total holdings to 424,099 shares valued at $9.5 million.
• Intel reported a quarterly EPS of ($0.10), missing estimates and showing a revenue of $12.86 billion, exceeding expectations by $980 million.
• Equity research analysts have various ratings on Intel, with a consensus rating of "Reduce" and an average target price of $26.30.

Commerzbank Aktiengesellschaft FI lessened its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 424,099 shares of the chip maker's stock after selling 32,941 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Intel were worth $9,500,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in INTC. N.E.W. Advisory Services LLC bought a new stake in Intel in the 1st quarter worth approximately $25,000. HFM Investment Advisors LLC bought a new stake in Intel in the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the 1st quarter worth approximately $27,000. West Branch Capital LLC bought a new stake in Intel in the 2nd quarter worth approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the 1st quarter worth approximately $30,000. Institutional investors own 64.53% of the company's stock.

Intel Stock Up 1.0%

Shares of INTC stock opened at $37.80 on Friday. The stock has a market cap of $165.45 billion, a P/E ratio of -7.92 and a beta of 1.33. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $38.68. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The company's fifty day simple moving average is $26.82 and its two-hundred day simple moving average is $23.16.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS 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 analysts' expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Loop Capital assumed coverage on shares of Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price for the company. Northland Securities lifted their price target on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Rosenblatt Securities reiterated a "sell" rating and set a $14.00 price target on shares of Intel in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Intel from $23.00 to $30.00 and gave the stock a "hold" rating in a research note on Monday, September 29th. Finally, UBS Group lifted their price target on shares of Intel from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Monday. Two research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and seven have issued a Sell rating to the company's stock. According to data from MarketBeat, Intel presently has a consensus rating of "Reduce" and an average target price of $26.30.

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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