Intel Corporation $INTC Shares Bought by Algert Global LLC

Key Points

• Algert Global LLC increased its holdings in Intel by 381.1% during the first quarter, acquiring an additional 67,179 shares worth approximately $1.93 million.
• Analysts have varying views on Intel's stock, with a consensus price target of $22.17 and a mix of ratings including one Buy, twenty-three Holds, and five Sells.
• Intel reported a loss of ($0.10) EPS for the last quarter, missing estimates, although its revenue of $12.86 billion surpassed analyst expectations.

Algert Global LLC grew its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 381.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,808 shares of the chip maker's stock after acquiring an additional 67,179 shares during the quarter. Algert Global LLC's holdings in Intel were worth $1,926,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest & Ethical Investments L.P. acquired a new stake in Intel during the first quarter worth about $551,000. Timelo Investment Management Inc. acquired a new position in shares of Intel during the first quarter worth about $1,136,000. Ethic Inc. lifted its stake in shares of Intel by 8.8% during the first quarter. Ethic Inc. now owns 354,054 shares of the chip maker's stock worth $7,807,000 after purchasing an additional 28,603 shares in the last quarter. Certuity LLC lifted its stake in shares of Intel by 94.0% during the first quarter. Certuity LLC now owns 318,792 shares of the chip maker's stock worth $7,240,000 after purchasing an additional 154,507 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in shares of Intel by 180.1% during the first quarter. Kovitz Investment Group Partners LLC now owns 495,413 shares of the chip maker's stock worth $11,251,000 after purchasing an additional 318,542 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INTC has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. Rosenblatt Securities restated a "sell" rating and set a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. UBS Group boosted their price objective on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Needham & Company LLC restated a "hold" rating on shares of Intel in a research note on Friday, July 25th. Finally, Benchmark restated a "hold" rating on shares of Intel in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $22.17.

Intel Stock Performance

Shares of Intel stock opened at $23.50 on Friday. The firm has a market cap of $102.86 billion, a PE ratio of -4.93 and a beta of 1.22. The firm's 50-day simple moving average is $22.05 and its 200-day simple moving average is $21.66. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results 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). The company 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 business's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal 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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