Quantbot Technologies LP Sells 1,168,306 Shares of Intel Corporation $INTC

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Quantbot Technologies LP lessened its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 86.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 186,685 shares of the chip maker's stock after selling 1,168,306 shares during the quarter. Quantbot Technologies LP's holdings in Intel were worth $4,240,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Advisory LLC grew its holdings in shares of Intel by 4.3% during the fourth quarter. Cornerstone Advisory LLC now owns 9,863 shares of the chip maker's stock valued at $198,000 after buying an additional 409 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Intel by 1.1% in the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock valued at $1,037,000 after purchasing an additional 486 shares during the period. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock valued at $59,000 after acquiring an additional 491 shares in the last quarter. one8zero8 LLC lifted its position in Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock worth $280,000 after acquiring an additional 500 shares during the last quarter. Finally, Lakeridge Wealth Management LLC grew its stake in shares of Intel by 4.4% during the first quarter. Lakeridge Wealth Management LLC now owns 12,521 shares of the chip maker's stock worth $284,000 after buying an additional 525 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Trading Up 5.6%

Shares of NASDAQ:INTC traded up $1.32 during trading on Friday, reaching $24.82. 164,524,467 shares of the stock were exchanged, compared to its average volume of 99,083,781. The firm has a market cap of $108.64 billion, a price-to-earnings 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 firm's 50-day moving average price is $22.05 and its 200 day moving average price is $21.66. 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 (NASDAQ:INTC - Get Free Report) last issued its 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 analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on INTC shares. Mizuho increased their target price on shares of Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Wall Street Zen lowered shares of Intel from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Intel in a research note on Wednesday, May 21st. They set a "hold" rating and a $23.00 price target on the stock. UBS Group lifted their price objective on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Finally, Cfra Research upgraded shares of Intel to a "hold" rating in a research note on Friday, April 25th. One equities research analyst has rated the stock with a Buy rating, twenty-three have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $22.17.

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.