Free Trial

Intel Corporation $INTC Shares Sold by Mutual Advisors LLC

Intel logo with Computer and Technology background

Mutual Advisors LLC cut its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 12.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,904 shares of the chip maker's stock after selling 17,286 shares during the quarter. Mutual Advisors LLC's holdings in Intel were worth $2,565,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new position in Intel during the first quarter worth about $25,000. HFM Investment Advisors LLC acquired a new position in Intel during the first quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel during the first quarter worth about $27,000. West Branch Capital LLC acquired a new position in Intel during the second quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in Intel during the first quarter worth about $30,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Citigroup reiterated a "sell" rating and issued a $29.00 target price (up from $24.00) on shares of Intel in a report on Friday, September 19th. Seaport Res Ptn upgraded shares of Intel from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 24th. UBS Group boosted their target price on shares of Intel from $35.00 to $40.00 and gave the company a "neutral" rating in a report on Monday, October 6th. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a report on Thursday, October 2nd. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Intel in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of $28.54.

View Our Latest Report on INTC

Intel Price Performance

Intel stock opened at $36.84 on Friday. The company's 50 day simple moving average is $28.50 and its 200-day simple moving average is $23.62. The company has a market capitalization of $161.25 billion, a price-to-earnings ratio of -7.72 and a beta of 1.33. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65. 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 (NASDAQ:INTC - Get Free Report) last released its quarterly 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 analysts' expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel's revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Intel Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Intel Right Now?

Before you consider Intel, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intel wasn't on the list.

While Intel currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

3 Value Plays Set to Explode

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines