Intel Corporation $INTC Position Trimmed by WealthTrust Axiom LLC

Key Points

• WealthTrust Axiom LLC reduced its stake in Intel Corporation by 24.2% in Q1, now holding 43,053 shares valued at $978,000 after selling 13,717 shares.
• Various institutional investors have adjusted their positions in Intel, with Cornerstone Advisory LLC increasing its stake by 4.3% and Cary Street Partners raising theirs by 23.1% in the first quarter.
• Intel reported a quarterly loss with earnings per share of (0.10), missing estimates, although revenue increased year-over-year to $12.86 billion, exceeding forecasts.

WealthTrust Axiom LLC trimmed its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 24.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,053 shares of the chip maker's stock after selling 13,717 shares during the quarter. WealthTrust Axiom LLC's holdings in Intel were worth $978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Cornerstone Advisory LLC increased its stake in Intel by 4.3% in the 4th quarter. Cornerstone Advisory LLC now owns 9,863 shares of the chip maker's stock valued at $198,000 after buying an additional 409 shares during the period. Verdence Capital Advisors LLC grew its holdings in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock valued at $1,037,000 after acquiring an additional 486 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Intel by 23.1% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock worth $59,000 after acquiring an additional 491 shares in the last quarter. one8zero8 LLC raised its holdings in shares of Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock worth $280,000 after acquiring an additional 500 shares in the last quarter. Finally, Lakeridge Wealth Management LLC boosted its position in Intel by 4.4% during the first quarter. Lakeridge Wealth Management LLC now owns 12,521 shares of the chip maker's stock valued at $284,000 after purchasing an additional 525 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on INTC. Loop Capital assumed coverage on Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price on the stock. Mizuho boosted their price target on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Wall Street Zen downgraded Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Stifel Nicolaus lifted their target price on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Finally, Citigroup reissued a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. One analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, Intel has a consensus rating of "Reduce" and a consensus target price of $22.17.

Intel Trading Up 5.5%

Shares of INTC stock opened at $24.80 on Monday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The company has a market cap of $108.55 billion, a PE ratio of -5.20 and a beta of 1.22. 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 business's 50 day moving average is $22.15 and its two-hundred day moving average is $21.73.

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

Intel Company 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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