Integrated Wealth Concepts LLC Cuts Stock Holdings in Intel Corporation $INTC

Key Points

• Integrated Wealth Concepts LLC reduced its stake in Intel Corporation by 33.8%, selling 50,997 shares during the first quarter, leaving it with 99,750 shares valued at $2,265,000.
• Intel's recent earnings report showed a loss of ($0.10) per share, missing analysts' expectations, despite revenue of $12.86 billion surpassing projections.
• Brokerage firms have varied opinions on Intel; while one maintains a "Buy" rating, the majority (22) have given it a "Hold" rating, leading to an average price target of $22.17.

Integrated Wealth Concepts LLC decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 33.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,750 shares of the chip maker's stock after selling 50,997 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Intel were worth $2,265,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in INTC. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the 1st quarter worth $25,000. Vermillion Wealth Management Inc. acquired a new stake in Intel during the 4th quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Intel during the 1st quarter worth about $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Intel during the 1st quarter worth about $30,000. Finally, Olde Wealth Management LLC acquired a new stake in Intel during the 1st quarter worth about $31,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Price Performance

NASDAQ INTC traded down $0.06 during trading hours on Thursday, reaching $24.72. The company's stock had a trading volume of 37,810,432 shares, compared to its average volume of 96,860,523. The firm has a market capitalization of $108.18 billion, a price-to-earnings ratio of -5.18 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 current ratio of 1.24 and a quick ratio of 0.92. The company's 50-day moving average is $22.84 and its two-hundred day moving average is $21.85.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly 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). The business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research reports. Rosenblatt Securities reaffirmed a "sell" rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. UBS Group lifted their price target on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Deutsche Bank Aktiengesellschaft initiated coverage on Intel in a research report on Wednesday, May 21st. They set a "hold" rating and a $23.00 price target for the company. Citigroup reaffirmed a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Finally, Benchmark reissued a "hold" rating on shares of Intel in a report on Friday, July 25th. One research 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 stock. According to data from MarketBeat, the stock currently 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.