Intel Corporation $INTC Shares Sold by QSM Asset Management Ltd

Key Points

• QSM Asset Management Ltd reduced its stake in Intel Corporation by 10.0% during the second quarter, now holding 396,652 shares valued at approximately $8.93 million.
• Several analysts have provided mixed ratings on Intel, with UBS Group raising its price target from $25.00 to $35.00 while maintaining a "neutral" rating.
• Intel reported $12.86 billion in revenue for the last quarter, missing earnings expectations with a loss of ($0.10) EPS, indicating ongoing financial challenges.

QSM Asset Management Ltd cut its position in Intel Corporation (NASDAQ:INTC - Free Report) by 10.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 396,652 shares of the chip maker's stock after selling 44,072 shares during the quarter. Intel makes up 8.3% of QSM Asset Management Ltd's investment portfolio, making the stock its 3rd biggest holding. QSM Asset Management Ltd's holdings in Intel were worth $8,929,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in INTC. Vise Technologies Inc. lifted its holdings in shares of Intel by 56.7% in the 4th quarter. Vise Technologies Inc. now owns 29,785 shares of the chip maker's stock valued at $597,000 after buying an additional 10,774 shares during the period. Vermillion Wealth Management Inc. purchased a new position in Intel in the 4th quarter valued at approximately $27,000. Putney Financial Group LLC purchased a new position in Intel in the 4th quarter valued at approximately $62,000. Ameriflex Group Inc. purchased a new position in Intel in the 4th quarter valued at approximately $139,000. Finally, Lakeshore Capital Group Inc. purchased a new position in Intel in the 4th quarter valued at approximately $230,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on INTC shares. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. UBS Group raised their price objective on Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday. DZ Bank reaffirmed a "sell" rating on shares of Intel in a research note on Friday. Wall Street Zen raised Intel from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Finally, Erste Group Bank raised Intel from a "sell" rating to a "hold" rating in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $25.23.

Intel Price Performance

Shares of Intel stock opened at $28.76 on Tuesday. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $32.38. The stock has a market capitalization of $125.88 billion, a P/E ratio of -6.03 and a beta of 1.23. 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 business's fifty day moving average price is $23.40 and its 200 day moving average price is $22.08.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts anticipate 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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