CreativeOne Wealth LLC Lowers Stock Holdings in Intel Corporation $INTC

Key Points

• CreativeOne Wealth LLC has reduced its stake in Intel Corporation by 20.3%, selling 11,227 shares and maintaining a total of 44,049 shares valued at approximately $1,000,000.
• Intel reported a loss of $0.10 per share in its latest earnings, missing analysts' expectations and achieving a revenue of $12.86 billion, which was above estimates.
• The stock currently trades at $24.35 with analysts predominantly maintaining a "Hold" rating, and a consensus price target of $22.17.

CreativeOne Wealth LLC lowered its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 20.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,049 shares of the chip maker's stock after selling 11,227 shares during the period. CreativeOne Wealth LLC's holdings in Intel were worth $1,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock worth $8,570,537,000 after purchasing an additional 8,291,233 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Intel by 8.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock worth $1,268,430,000 after purchasing an additional 4,793,927 shares during the last quarter. Northern Trust Corp boosted its holdings in Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock worth $1,043,975,000 after purchasing an additional 158,288 shares during the last quarter. Invesco Ltd. boosted its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock worth $991,316,000 after purchasing an additional 562,246 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock worth $795,431,000 after purchasing an additional 1,086,836 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of Intel stock traded down $0.58 on Friday, hitting $24.35. 63,398,527 shares of the company's stock were exchanged, compared to its average volume of 137,706,432. The company has a 50-day simple moving average of $22.50 and a 200-day simple moving average of $21.85. The stock has a market capitalization of $106.58 billion, a PE ratio of -5.10 and a beta of 1.23. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. 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 (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share 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 firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter last year, the firm posted $0.02 EPS. The firm's quarterly 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, equities analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on INTC. Mizuho raised their target price on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. UBS Group raised their target price on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Friday, July 25th. Loop Capital began coverage on shares of Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price target on the stock. Finally, Stifel Nicolaus lifted their price target on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research note on Monday, July 21st. One analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, Intel has a consensus rating of "Reduce" and a consensus price target of $22.17.

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.