J. Safra Sarasin Holding AG Sells 43,257 Shares of Intel Corporation $INTC

Key Points

• J. Safra Sarasin Holding AG reduced its stake in Intel Corporation by 11.1%, selling 43,257 shares and holding 345,549 shares worth $7.74 million according to recent SEC disclosures.
• A number of hedge funds, including ASR Vermogensbeheer N.V. and Robeco Institutional Asset Management B.V., have increased their positions in Intel, highlighting a shift in investor sentiment towards the tech company.
• Intel recently missed earnings expectations with an EPS of (0.10) against a consensus estimate of $0.01, but reported a year-over-year revenue increase of 0.5% to $12.86 billion.

J. Safra Sarasin Holding AG lowered its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 11.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 345,549 shares of the chip maker's stock after selling 43,257 shares during the period. J. Safra Sarasin Holding AG's holdings in Intel were worth $7,740,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in INTC. ASR Vermogensbeheer N.V. raised its stake in shares of Intel by 6.8% in the 2nd quarter. ASR Vermogensbeheer N.V. now owns 488,431 shares of the chip maker's stock valued at $10,940,000 after acquiring an additional 31,246 shares in the last quarter. Naples Global Advisors LLC grew its holdings in Intel by 9.6% during the second quarter. Naples Global Advisors LLC now owns 14,558 shares of the chip maker's stock valued at $326,000 after purchasing an additional 1,278 shares during the last quarter. Pure Financial Advisors LLC raised its position in shares of Intel by 10.6% in the second quarter. Pure Financial Advisors LLC now owns 23,505 shares of the chip maker's stock valued at $527,000 after purchasing an additional 2,261 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Intel by 50.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,338,329 shares of the chip maker's stock valued at $52,379,000 after purchasing an additional 786,190 shares during the period. Finally, BSW Wealth Partners lifted its stake in shares of Intel by 4.1% in the second quarter. BSW Wealth Partners now owns 54,353 shares of the chip maker's stock worth $1,218,000 after buying an additional 2,121 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on INTC shares. Loop Capital assumed coverage on shares of Intel in a report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price on the stock. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research note on Thursday. Benchmark upgraded Intel from a "hold" rating to a "buy" rating and set a $43.00 target price for the company in a research note on Friday, September 19th. Barclays raised their target price on Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a report on Friday, September 19th. Finally, Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Two research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $26.19.

Intel Stock Performance

NASDAQ INTC opened at $37.30 on Friday. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $37.57. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The stock has a market cap of $163.26 billion, a P/E ratio of -7.82 and a beta of 1.33. The company's 50-day simple moving average is $25.14 and its 200 day simple moving average is $22.72.

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 analysts' consensus estimates of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the prior year, the business earned $0.02 EPS. The firm's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal 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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