Guggenheim Capital LLC Sells 302,038 Shares of Intel Corporation $INTC

Key Points

• Guggenheim Capital LLC reduced its holdings in Intel Corporation by 23.1% during the first quarter, selling 302,038 shares and holding a total of 1,004,250 shares valued at approximately $22.8 million.
• Other institutional investors have been active, with Vanguard Group increasing its holdings by 2.2% and UBS AM increasing its position by 8.2% during recent quarters.
• Intel reported a loss of ($0.10) EPS in its latest earnings, missing estimates, but its revenue rose to $12.86 billion, exceeding analysts' expectations of $11.88 billion.

Guggenheim Capital LLC reduced its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 23.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,004,250 shares of the chip maker's stock after selling 302,038 shares during the quarter. Guggenheim Capital LLC's holdings in Intel were worth $22,807,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Intel by 2.2% during the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock worth $8,570,537,000 after acquiring an additional 8,291,233 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position 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 buying an additional 4,793,927 shares during the last quarter. Northern Trust Corp increased its position 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 buying an additional 158,288 shares during the last quarter. Invesco Ltd. increased its position 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 buying an additional 562,246 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position 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 buying an additional 1,086,836 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Price Performance

Intel stock opened at $24.35 on Wednesday. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The business has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $21.79. 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 stock has a market cap of $106.58 billion, a price-to-earnings ratio of -5.10 and a beta of 1.22.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter in the previous year, the firm earned $0.02 earnings per share. Intel'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. On average, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on INTC shares. Citigroup reissued a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, July 25th. Sanford C. Bernstein reissued a "market perform" rating on shares of Intel in a research report on Tuesday, August 19th. Loop Capital started coverage on Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 price target for the company. Finally, Rosenblatt Securities reiterated a "sell" rating and set a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average target price 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.

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