Intel Corporation $INTC Shares Bought by PDT Partners LLC

Key Points

• PDT Partners LLC increased its stake in Intel Corporation by 47.8%, owning a total of 331,447 shares worth approximately $7.5 million as of the latest reporting period.
• Intel's Q2 earnings report revealed a loss of ($0.10) EPS, significantly below estimates, despite revenue of $12.86 billion, which surpassed analyst expectations.
• The stock is currently rated with a consensus of “Reduce” from analysts, with price target estimates ranging from $21.00 to $25.00.

PDT Partners LLC increased its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 47.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,447 shares of the chip maker's stock after purchasing an additional 107,247 shares during the period. Intel accounts for about 0.5% of PDT Partners LLC's portfolio, making the stock its 19th largest position. PDT Partners LLC's holdings in Intel were worth $7,527,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Advisor Solutions LLC grew its stake in shares of Intel by 36.0% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 70,796 shares of the chip maker's stock worth $1,608,000 after purchasing an additional 18,726 shares during the period. Harris Associates L P purchased a new stake in Intel in the 1st quarter valued at $662,000. Graham Capital Management L.P. acquired a new position in shares of Intel in the 1st quarter valued at $4,670,000. Armistice Capital LLC acquired a new position in shares of Intel in the 1st quarter valued at $468,000. Finally, Calton & Associates Inc. acquired a new position in shares of Intel in the 1st quarter valued at $220,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Price Performance

Shares of INTC traded up $0.61 during mid-day trading on Thursday, reaching $24.61. 57,068,860 shares of the company's stock were exchanged, compared to its average volume of 98,182,695. The company has a 50-day simple moving average of $22.63 and a two-hundred day simple moving average of $21.88. 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 company has a market cap of $107.72 billion, a price-to-earnings ratio of -5.16 and a beta of 1.23. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate 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 net margin of 38.64% and a negative return on equity of 3.78%. The company's revenue was up .5% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. UBS Group increased their target price on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. upped their price target on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Stifel Nicolaus boosted their target price on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a report on Monday, July 21st. Rosenblatt Securities reissued a "sell" rating and issued a $14.00 target price on shares of Intel in a report on Friday, July 25th. Finally, Citigroup reissued a "hold" rating on shares of Intel in a report on Tuesday, July 8th. One analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $22.17.

Intel 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.