Intel Corporation $INTC Shares Bought by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors LLC increased its stake in Intel Corporation by 43.2%, acquiring a total of 130,762 shares valued at approximately $2.93 million.
• Intel's stock opened at $29.58 with a market cap of $129.47 billion, while recent earnings missed estimates, showing a net margin of -38.64%.
• Analysts have varied views on Intel's stock, with a recent upgrade from Benchmark raising its price target to $43.00, while JPMorgan maintains a sell rating with a $21.00 target.

Farther Finance Advisors LLC raised its position in Intel Corporation (NASDAQ:INTC - Free Report) by 43.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 130,762 shares of the chip maker's stock after purchasing an additional 39,459 shares during the period. Farther Finance Advisors LLC's holdings in Intel were worth $2,929,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of INTC. Vise Technologies Inc. grew its holdings in Intel by 56.7% in the fourth quarter. Vise Technologies Inc. now owns 29,785 shares of the chip maker's stock valued at $597,000 after purchasing an additional 10,774 shares during the last quarter. Forum Financial Management LP grew its holdings in Intel by 11.3% in the fourth quarter. Forum Financial Management LP now owns 81,899 shares of the chip maker's stock valued at $1,642,000 after purchasing an additional 8,289 shares during the last quarter. Vermillion Wealth Management Inc. acquired a new stake in Intel in the fourth quarter valued at $27,000. Putney Financial Group LLC acquired a new stake in Intel in the fourth quarter valued at $62,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of Intel during the fourth quarter valued at $139,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $29.58 on Monday. The company has a market cap of $129.47 billion, a P/E ratio of -6.20 and a beta of 1.23. 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 one year low of $17.67 and a one year high of $32.38. The business's 50-day simple moving average is $23.29 and its 200 day simple moving average is $22.02.

Intel (NASDAQ:INTC - Get Free Report) last announced 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). The company had revenue of $12.86 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on INTC shares. Benchmark raised Intel from a "hold" rating to a "buy" rating and set a $43.00 price objective on the stock in a research note on Friday. JPMorgan Chase & Co. reaffirmed a "sell" rating and set a $21.00 price objective on shares of Intel in a research note on Friday. Mizuho increased their price objective on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Citigroup reaffirmed a "sell" rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a research note on Friday. Finally, Barclays increased their price objective on Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research note on Friday. Two analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $24.27.

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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