My Legacy Advisors LLC Makes New Investment in Intel Corporation $INTC

Key Points

• My Legacy Advisors LLC recently acquired 21,218 shares of Intel Corporation, valued at approximately $505,000, during the second quarter.
• Wall Street analysts have mixed sentiments towards Intel, with a consensus rating of "Reduce" and an average target price of $24.27.
• Intel's latest quarterly earnings report revealed a loss of $0.10 per share, missing expectations, while revenue increased by 0.5% year-over-year to $12.86 billion.

My Legacy Advisors LLC acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 21,218 shares of the chip maker's stock, valued at approximately $505,000.

Other large investors also recently modified their holdings of the company. HFM Investment Advisors LLC bought a new stake in shares of Intel in the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Intel in the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the 1st quarter worth approximately $27,000. LFA Lugano Financial Advisors SA bought a new stake in Intel during the 1st quarter worth approximately $30,000. Finally, Vermillion Wealth Management Inc. bought a new stake in Intel during the 4th quarter worth approximately $27,000. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Roth Capital restated a "neutral" rating and set a $30.00 price target on shares of Intel in a research report on Thursday. Mizuho increased their price target on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Stifel Nicolaus increased their price target on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Barclays increased their price target on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Friday. Finally, Rosenblatt Securities restated a "sell" rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. Two research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $25.23.

Intel Trading Up 4.7%

Intel stock traded up $1.35 during mid-day trading on Tuesday, hitting $30.11. 69,532,437 shares of the company's stock were exchanged, compared to its average volume of 99,342,273. The firm has a market capitalization of $131.77 billion, a P/E ratio of -6.31 and a beta of 1.23. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $32.38. 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 company's 50 day simple moving average is $23.40 and its 200-day simple moving average is $22.08.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results 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). The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current 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.