Praxis Investment Management Inc. lifted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 16.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,038 shares of the chip maker's stock after purchasing an additional 13,330 shares during the period. Praxis Investment Management Inc.'s holdings in Intel were worth $2,158,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of INTC. Freestone Grove Partners LP acquired a new position in Intel during the fourth quarter worth about $62,654,000. Clifford Swan Investment Counsel LLC boosted its position in Intel by 1.9% during the fourth quarter. Clifford Swan Investment Counsel LLC now owns 819,532 shares of the chip maker's stock worth $16,432,000 after acquiring an additional 15,214 shares during the last quarter. Toronto Dominion Bank boosted its position in Intel by 286.8% during the fourth quarter. Toronto Dominion Bank now owns 10,529,354 shares of the chip maker's stock worth $211,114,000 after acquiring an additional 7,806,882 shares during the last quarter. 180 Wealth Advisors LLC boosted its position in Intel by 124.9% during the first quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock worth $2,905,000 after acquiring an additional 71,049 shares during the last quarter. Finally, Alteri Wealth LLC acquired a new position in Intel during the fourth quarter worth about $2,379,000. Hedge funds and other institutional investors own 64.53% of the company's stock.
Intel Price Performance
Shares of INTC opened at $21.08 on Friday. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $37.16. The firm's 50 day moving average price is $20.53 and its 200 day moving average price is $21.08. The company has a market cap of $91.95 billion, a P/E ratio of -4.71 and a beta of 1.12. The company has a quick ratio of 0.93, a current ratio of 1.31 and a debt-to-equity ratio of 0.42.
Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.12. Intel had a negative net margin of 36.19% and a negative return on equity of 3.15%. The firm had revenue of $12.67 billion for the quarter, compared to the consensus estimate of $12.26 billion. During the same period in the prior year, the firm earned $0.18 EPS. The firm's revenue for the quarter was down .4% on a year-over-year basis. On average, research 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 topic of a number of recent research reports. Cfra Research upgraded shares of Intel to a "hold" rating in a research report on Friday, April 25th. Cantor Fitzgerald lowered their price target on shares of Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. Bank of America upgraded shares of Intel from an "underperform" rating to a "neutral" rating and boosted their price target for the stock from $19.00 to $25.00 in a research report on Thursday, March 13th. Seaport Res Ptn upgraded shares of Intel to a "strong sell" rating in a report on Wednesday, April 30th. Finally, Benchmark reiterated a "hold" rating on shares of Intel in a report on Friday, April 25th. Six research analysts have rated the stock with a sell rating, twenty-five have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Intel has a consensus rating of "Hold" and a consensus price target of $21.57.
View Our Latest Analysis on Intel
Intel Company Profile
(
Free Report)
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.
Featured Articles
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.
Before you consider Intel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intel wasn't on the list.
While Intel currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
