Intel Corporation $INTC Shares Purchased by Czech National Bank

Key Points

• The Czech National Bank increased its stake in Intel by 7.2% during the 2nd quarter, acquiring an additional 72,065 shares and bringing its total holdings to over $23.89 million.
• Several institutional investors also adjusted their positions in Intel, with some increasing their holdings significantly, contributing to a total of 64.53% of Intel's stock being owned by institutional investors and hedge funds.
• Intel reported a loss of $0.10 EPS for the last quarter, missing the consensus estimate, although its revenue exceeded expectations at $12.86 billion.

Czech National Bank boosted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 7.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,066,599 shares of the chip maker's stock after acquiring an additional 72,065 shares during the period. Czech National Bank's holdings in Intel were worth $23,892,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory acquired a new position in Intel in the 2nd quarter valued at about $67,000. Quintet Private Bank Europe S.A. increased its position in Intel by 8.3% in the 2nd quarter. Quintet Private Bank Europe S.A. now owns 108,194 shares of the chip maker's stock valued at $2,424,000 after acquiring an additional 8,297 shares during the period. Parallel Advisors LLC increased its position in Intel by 1.9% in the 2nd quarter. Parallel Advisors LLC now owns 84,445 shares of the chip maker's stock valued at $1,892,000 after acquiring an additional 1,603 shares during the period. Wealth Alliance Advisory Group LLC increased its position in Intel by 30.8% in the 2nd quarter. Wealth Alliance Advisory Group LLC now owns 12,744 shares of the chip maker's stock valued at $285,000 after acquiring an additional 3,000 shares during the period. Finally, Capital Asset Advisory Services LLC boosted its holdings in Intel by 5.3% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 21,713 shares of the chip maker's stock valued at $496,000 after purchasing an additional 1,086 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Citigroup reiterated a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Loop Capital assumed coverage on Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Stifel Nicolaus boosted their target price on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Rosenblatt Securities reiterated a "sell" rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research report on Friday, July 25th. One investment analyst has rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $22.17.

Intel Price Performance

Shares of NASDAQ:INTC opened at $24.77 on Tuesday. The business's 50 day simple moving average is $22.97 and its 200-day simple moving average is $21.85. The firm has a market capitalization of $108.42 billion, a price-to-earnings ratio of -5.19 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly 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 firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's revenue was up .5% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, 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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