Prime Capital Investment Advisors LLC Sells 32,473 Shares of Intel Corporation $INTC

Key Points

• Prime Capital Investment Advisors LLC reduced its stake in Intel Corporation by 46.1%, selling 32,473 shares and now holds 37,976 shares worth $851,000.
• Intel's recent quarterly earnings showed a loss of ($0.10) earnings per share, missing analyst expectations, despite a revenue increase to $12.86 billion.
• The stock is currently rated with a consensus rating of "Reduce", with a 12-month price target of $26.30, indicating bearish sentiment among analysts.

Prime Capital Investment Advisors LLC reduced its position in Intel Corporation (NASDAQ:INTC - Free Report) by 46.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,976 shares of the chip maker's stock after selling 32,473 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Intel were worth $851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. HFM Investment Advisors LLC bought a new stake in shares of Intel during the first quarter worth $25,000. N.E.W. Advisory Services LLC purchased a new position in Intel in the 1st quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel in the 1st quarter worth about $27,000. West Branch Capital LLC purchased a new position in Intel in the 2nd quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in Intel in the 1st quarter worth about $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

NASDAQ INTC opened at $37.80 on Friday. The firm's fifty day simple moving average is $26.82 and its two-hundred day simple moving average is $23.16. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $38.68. The firm has a market capitalization of $165.45 billion, a P/E ratio of -7.92 and a beta of 1.33.

Intel (NASDAQ:INTC - Get Free Report) last posted 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 business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on INTC shares. Rosenblatt Securities restated a "sell" rating and issued a $14.00 target price on shares of Intel in a research note on Friday, July 25th. Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a report on Wednesday. Erste Group Bank raised Intel from a "sell" rating to a "hold" rating in a research report on Monday, September 22nd. Stifel Nicolaus lifted their target price on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research report on Monday, July 21st. Finally, Cantor Fitzgerald raised their price target on Intel from $26.00 to $36.00 and gave the company a "neutral" rating in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus price target of $26.30.

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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