Intel Corporation $INTC Shares Sold by Greenleaf Trust

Key Points

• Greenleaf Trust reduced its stake in Intel Corporation (INTC) by 32.8%, selling 27,260 shares, leaving them with 55,791 shares valued at approximately $1.25 million.
• Institutional investors collectively own 64.53% of Intel's stock, with significant increases from firms like Vanguard Group and Amundi in the first quarter.
• Analysts have mixed views on Intel, with ratings ranging from a Buy to a Sell, and an average target price of $26.19 based on recent reports.

Greenleaf Trust lessened its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 32.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,791 shares of the chip maker's stock after selling 27,260 shares during the quarter. Greenleaf Trust's holdings in Intel were worth $1,250,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Intel by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after purchasing an additional 8,291,233 shares in the last quarter. Northern Trust Corp grew its stake in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after buying an additional 158,288 shares in the last quarter. Invesco Ltd. grew its stake in shares of Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after buying an additional 562,246 shares in the last quarter. Amundi grew its stake in shares of Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker's stock valued at $849,606,000 after buying an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock valued at $795,431,000 after acquiring an additional 1,086,836 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent research reports. Northland Securities increased their price objective on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Stifel Nicolaus raised their price target on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a report on Monday, July 21st. DZ Bank restated a "sell" rating on shares of Intel in a research note on Friday, September 19th. Loop Capital started coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 target price for the company. Finally, Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Two investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $26.19.

Intel Trading Up 7.1%

NASDAQ INTC opened at $35.94 on Thursday. Intel Corporation has a one year low of $17.67 and a one year high of $36.30. The company has a 50-day simple moving average of $24.85 and a 200-day simple moving average of $22.64. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market capitalization of $157.31 billion, a PE ratio of -7.53 and a beta of 1.33.

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

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.

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