Concurrent Investment Advisors LLC Increases Position in Intel Corporation $INTC

Key Points

• Concurrent Investment Advisors LLC increased its stake in Intel Corporation by 7.5%, owning 106,812 shares worth approximately $2.39 million.
• A majority of Wall Street analysts maintain a hold rating on Intel, with the company's average target price set at $27.60.
• Intel's stock experienced a 4.3% decline recently, reporting a negative EPS of ($0.10) for the last quarter, which was below analysts' expectations.

Concurrent Investment Advisors LLC increased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 7.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,812 shares of the chip maker's stock after buying an additional 7,437 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Intel were worth $2,393,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. HFM Investment Advisors LLC purchased a new stake in Intel in the first quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new stake in Intel in the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel in the first quarter valued at $27,000. West Branch Capital LLC purchased a new stake in Intel in the second quarter valued at $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in Intel in the first quarter valued at $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research report on Friday, July 25th. Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a research report on Wednesday, October 8th. Northland Securities upped their price objective on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Bank of America reiterated an "underperform" rating and issued a $34.00 price objective on shares of Intel in a research report on Monday. Finally, Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research report on Thursday, October 2nd. Two analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $27.60.

Intel Stock Down 4.3%

INTC opened at $35.63 on Wednesday. The company has a market cap of $155.95 billion, a PE ratio of -7.47 and a beta of 1.33. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $39.65. The company has a 50-day moving average price of $27.83 and a 200 day moving average price of $23.42.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The business 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 revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.

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