Kestra Advisory Services LLC Sells 35,378 Shares of Intel Corporation $INTC

Key Points

• Kestra Advisory Services LLC has reduced its holdings in Intel Corporation by 8.9%, selling 35,378 shares and now holding 359,939 shares valued at approximately $8.17 million.
• Despite the sale, major institutional investors like Vanguard and UBS continue to grow their positions in Intel, with Vanguard increasing its stake by 2.2% during the first quarter.
• Intel recently reported quarterly earnings, missing EPS estimates with a loss of ($0.10) but exceeding revenue expectations at $12.86 billion, indicating mixed performance in the market.

Kestra Advisory Services LLC lessened its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 8.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 359,939 shares of the chip maker's stock after selling 35,378 shares during the period. Kestra Advisory Services LLC's holdings in Intel were worth $8,174,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of INTC. Vanguard Group Inc. grew its position in shares of Intel by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after buying an additional 8,291,233 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Intel by 8.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock worth $1,268,430,000 after acquiring an additional 4,793,927 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock worth $1,043,975,000 after acquiring an additional 158,288 shares during the period. Invesco Ltd. boosted its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after acquiring an additional 562,246 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock valued at $795,431,000 after acquiring an additional 1,086,836 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Up 5.5%

Shares of NASDAQ INTC opened at $24.80 on Monday. The firm has a market cap of $108.55 billion, a PE ratio of -5.20 and a beta of 1.22. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $27.55. The company's fifty day simple moving average is $22.15 and its 200 day simple moving average is $21.73. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate 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 company's revenue for the quarter 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, sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several analyst reports. Stifel Nicolaus raised their price target on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a report on Monday, July 21st. Loop Capital initiated coverage on shares of Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 price objective for the company. Rosenblatt Securities restated a "sell" rating and issued a $14.00 target price on shares of Intel in a report on Friday, July 25th. Benchmark reaffirmed a "hold" rating on shares of Intel in a research report on Friday, July 25th. Finally, UBS Group increased their price target on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. One equities research analyst has rated the stock with a Buy rating, twenty-three have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, Intel has an average rating of "Reduce" and an average price target of $22.17.

About Intel

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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