Jackson Thornton Wealth Management LLC Acquires New Shares in Intel Corporation $INTC

Key Points

• Jackson Thornton Wealth Management LLC has acquired 13,141 shares of Intel Corporation, valued at approximately $310,000, during the second quarter.
• Intel reported negative earnings of $0.10 per share for the last quarter, missing analysts' expectations despite a year-over-year revenue increase of 0.5% to $12.86 billion.
• As of now, 64.53% of Intel's stock is owned by institutional investors, indicating strong interest from large financial entities.

Jackson Thornton Wealth Management LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund acquired 13,141 shares of the chip maker's stock, valued at approximately $310,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LGT Financial Advisors LLC raised its stake in shares of Intel by 93.9% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,799 shares of the chip maker's stock valued at $40,000 after purchasing an additional 871 shares during the period. Klingman & Associates LLC raised its stake in shares of Intel by 8.5% during the 2nd quarter. Klingman & Associates LLC now owns 25,698 shares of the chip maker's stock valued at $576,000 after purchasing an additional 2,016 shares during the period. Drive Wealth Management LLC bought a new stake in shares of Intel during the 2nd quarter valued at $203,000. Stephens Inc. AR raised its stake in shares of Intel by 2.4% during the 2nd quarter. Stephens Inc. AR now owns 114,102 shares of the chip maker's stock valued at $2,556,000 after purchasing an additional 2,705 shares during the period. Finally, Sentry Investment Management LLC bought a new stake in shares of Intel during the 2nd quarter valued at $328,000. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

NASDAQ INTC opened at $38.10 on Tuesday. Intel Corporation has a 52-week low of $17.67 and a 52-week 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. The company has a market capitalization of $166.76 billion, a P/E ratio of -7.99 and a beta of 1.33. The company has a fifty day moving average of $29.19 and a 200-day moving average of $23.87.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the prior year, the firm posted $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. As a group, equities research analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of Intel in a report on Wednesday, October 8th. HSBC reissued a "reduce" rating and issued a $24.00 price target (up from $21.25) on shares of Intel in a report on Tuesday, October 7th. New Street Research raised their price target on shares of Intel from $23.00 to $32.00 in a report on Friday, September 19th. Northland Securities raised their price target on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Finally, Mizuho raised their price target on shares of Intel from $23.00 to $39.00 and gave the company a "neutral" rating in a report on Monday, October 13th. Two research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of $29.22.

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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