Intel Corporation $INTC Shares Sold by Lansforsakringar Fondforvaltning AB publ

Key Points

• Lansforsakringar Fondforvaltning AB reduced its position in Intel Corporation by 2.0%, selling 19,367 shares, leaving them with 966,343 shares valued at approximately $21.95 million.
• Multiple analysts downgraded Intel's stock ratings, with a consensus rating of "Reduce" and a target price of $22.17, indicating a bearish outlook on the company's performance.
• Intel reported a quarterly loss of ($0.10) EPS, missing estimates and showing a negative net margin of 38.64%, while revenue was slightly up 0.5% year-over-year.

Lansforsakringar Fondforvaltning AB publ lowered its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 2.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 966,343 shares of the chip maker's stock after selling 19,367 shares during the quarter. Lansforsakringar Fondforvaltning AB publ's holdings in Intel were worth $21,946,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new stake in Intel during the first quarter worth approximately $25,000. Vermillion Wealth Management Inc. acquired a new position in shares of Intel during the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel during the 1st quarter worth $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Intel in the 1st quarter valued at $30,000. Finally, Olde Wealth Management LLC acquired a new stake in Intel in the 1st quarter valued at $31,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on INTC. Wall Street Zen downgraded Intel from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Loop Capital started coverage on Intel in a report on Monday, July 21st. They issued a "hold" rating and a $25.00 price target for the company. UBS Group increased their price objective on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Rosenblatt Securities reissued a "sell" rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a report on Tuesday, August 19th. One equities research analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has a consensus rating of "Reduce" and a consensus target price of $22.17.

Intel Stock Performance

Intel stock opened at $24.93 on Friday. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market cap of $109.12 billion, a P/E ratio of -5.23 and a beta of 1.22. The stock has a 50 day moving average of $22.43 and a 200-day moving average of $21.84.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company's revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 EPS for the current fiscal year.

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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