Financial Partners Group LLC Sells 9,681 Shares of Intel Corporation $INTC

Key Points

• Financial Partners Group LLC reduced its stake in Intel Corporation by 35.4%, selling 9,681 shares, and now holds 17,705 shares worth approximately $397,000.
• Several institutional investors, including Vanguard Group and Northern Trust Corp, have recently increased their stakes in Intel, with institutional ownership now comprising 64.53% of the stock.
• Intel reported a quarterly earnings loss of ($0.10) EPS, missing analysts' expectations, despite a revenue increase of 0.5% year-over-year, totaling $12.86 billion.

Financial Partners Group LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 35.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 17,705 shares of the chip maker's stock after selling 9,681 shares during the period. Financial Partners Group LLC's holdings in Intel were worth $397,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Intel by 2.2% during the 1st 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 in the last quarter. Northern Trust Corp increased its holdings in Intel by 0.3% during the 1st 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 in the last quarter. Invesco Ltd. increased its holdings in Intel by 1.3% during the 1st 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 in the last quarter. Amundi increased its holdings in Intel by 22.0% during the 1st quarter. Amundi now owns 37,878,097 shares of the chip maker's stock worth $849,606,000 after purchasing an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Intel by 3.2% during the 1st 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 in the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Roth Capital reissued a "neutral" rating and set a $30.00 price objective on shares of Intel in a report on Thursday, September 18th. New Street Research increased their price target on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Cantor Fitzgerald increased their price target on Intel from $26.00 to $36.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a research report on Friday, July 25th. Finally, Citigroup reaffirmed a "sell" rating and set a $29.00 price target (up from $24.00) on shares of Intel in a research report on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Intel has a consensus rating of "Reduce" and an average target price of $25.90.

Intel Price Performance

INTC stock opened at $35.50 on Friday. Intel Corporation has a one year low of $17.67 and a one year high of $36.30. The stock has a market cap of $155.38 billion, a PE ratio of -7.44 and a beta of 1.23. The firm has a 50 day simple moving average of $24.17 and a two-hundred day simple moving average of $22.41. 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 announced 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 business had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. During the same period last year, the company posted $0.02 EPS. Intel'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. On average, analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

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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