Kanawha Capital Management LLC Sells 8,485 Shares of Intel Corporation $INTC

Key Points

• Kanawha Capital Management LLC sold 8,485 shares of Intel Corporation, decreasing its position by 20% and bringing its total holdings to 33,876 shares valued at $759,000.
• Intel's recent quarterly earnings report showed a loss of ($0.10) EPS, missing estimates, although revenue grew by 0.5% year-over-year to $12.86 billion.
• Wall Street analysts have set varied price targets on Intel shares, with a consensus target price of $28.54, reflecting a mix of hold and sell ratings from a majority of analysts.

Kanawha Capital Management LLC decreased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 20.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 33,876 shares of the chip maker's stock after selling 8,485 shares during the quarter. Kanawha Capital Management LLC's holdings in Intel were worth $759,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. HFM Investment Advisors LLC bought a new stake in shares of Intel in the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Intel in the 1st quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Intel in the 1st quarter worth about $27,000. West Branch Capital LLC bought a new stake in shares of Intel in the 2nd quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Intel in the 1st quarter worth about $30,000. Institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of INTC stock opened at $37.01 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The stock has a market cap of $161.99 billion, a PE ratio of -7.76 and a beta of 1.33. The stock has a 50-day moving average of $28.85 and a 200-day moving average of $23.72. Intel Corporation has a one year low of $17.67 and a one year high of $39.65.

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). The company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business's revenue was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on INTC shares. Stifel Nicolaus upped their price target on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Loop Capital started coverage on shares of Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 price target on the stock. Wall Street Zen upgraded shares of Intel from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Roth Capital reiterated a "neutral" rating and set a $30.00 price target on shares of Intel in a research report on Thursday, September 18th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $28.54.

Intel Company 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.

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.