Courier Capital LLC Has $1.86 Million Stake in Intel Corporation $INTC

Key Points

• Courier Capital LLC reduced its stake in Intel Corporation by 10.1% in Q2, now holding 83,011 shares valued at approximately $1.86 million.
• Intel reported a quarterly earnings per share of ($0.10), missing analysts' expectations, despite a revenue of $12.86 billion, which surpassed the consensus estimate.
• Institutional investors currently hold 64.53% of Intel's stock, with various firms adjusting their positions significantly over recent quarters.

Courier Capital LLC reduced its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 10.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 83,011 shares of the chip maker's stock after selling 9,326 shares during the quarter. Courier Capital LLC's holdings in Intel were worth $1,859,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in INTC. Westbourne Investments Inc. increased its position in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after acquiring an additional 54,395 shares during the period. KLP Kapitalforvaltning AS grew its position in Intel by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock worth $34,920,000 after purchasing an additional 93,900 shares during the last quarter. LBP AM SA increased its holdings in shares of Intel by 1.8% during the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker's stock worth $16,460,000 after purchasing an additional 13,248 shares during the period. Lockerman Financial Group Inc. acquired a new position in shares of Intel during the second quarter valued at about $237,000. Finally, IFP Advisors Inc lifted its stake in shares of Intel by 13.1% in the second quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker's stock valued at $3,742,000 after buying an additional 19,306 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $35.63 on Wednesday. The business's fifty day moving average price is $27.83 and its two-hundred day moving average price is $23.42. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $39.65. The stock has a market capitalization of $155.95 billion, a price-to-earnings ratio of -7.47 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the previous year, the business posted $0.02 earnings per share. The firm's revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

INTC has been the topic of several research reports. Northland Securities boosted their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Hsbc Global Res cut Intel from a "hold" rating to a "moderate sell" rating in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft upped their target price on Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday, September 29th. Cantor Fitzgerald lifted their price target on shares of Intel from $26.00 to $36.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. Finally, TD Cowen boosted their price target on shares of Intel from $20.00 to $35.00 and gave the company a "hold" rating in a report on Friday, October 10th. Two analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and eight have issued a Sell rating to the company's stock. According to data from MarketBeat, Intel has a consensus rating of "Reduce" and an average target price of $27.60.

Intel 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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