Kingswood Wealth Advisors LLC Decreases Position in Intel Corporation $INTC

Kingswood Wealth Advisors LLC decreased its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 66.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,678 shares of the chip maker's stock after selling 92,287 shares during the period. Kingswood Wealth Advisors LLC's holdings in Intel were worth $1,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Joel Isaacson & Co. LLC boosted its holdings in Intel by 2.7% in the second quarter. Joel Isaacson & Co. LLC now owns 35,170 shares of the chip maker's stock valued at $788,000 after purchasing an additional 919 shares during the last quarter. Laraway Financial Advisors Inc boosted its holdings in Intel by 8.6% in the second quarter. Laraway Financial Advisors Inc now owns 12,571 shares of the chip maker's stock valued at $282,000 after purchasing an additional 1,000 shares during the last quarter. KLP Kapitalforvaltning AS lifted its holdings in Intel by 6.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock worth $34,920,000 after buying an additional 93,900 shares during the last quarter. RMG Wealth Management LLC bought a new position in Intel during the 2nd quarter worth approximately $36,000. Finally, Cedar Mountain Advisors LLC lifted its holdings in Intel by 17.4% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker's stock worth $76,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analysts Set New Price Targets

INTC has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on Intel from $23.00 to $30.00 and gave the stock a "hold" rating in a report on Monday, September 29th. HSBC reissued a "reduce" rating and issued a $24.00 price target (up previously from $21.25) on shares of Intel in a report on Tuesday. Weiss Ratings reissued a "sell (d)" rating on shares of Intel in a report on Wednesday. Rosenblatt Securities reissued a "sell" rating and issued a $14.00 price target on shares of Intel in a report on Friday, July 25th. Finally, Erste Group Bank raised Intel from a "sell" rating to a "hold" rating in a report on Monday, September 22nd. Two investment 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 MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $26.30.

Intel Stock Up 0.7%

NASDAQ:INTC opened at $37.43 on Thursday. The firm has a market cap of $163.83 billion, a P/E ratio of -7.85 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $38.68. The firm has a 50-day simple moving average of $26.46 and a two-hundred day simple moving average of $23.06.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion for 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 firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts predict 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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