Quantitative Investment Management LLC Acquires 658,739 Shares of Intel Corporation $INTC

Key Points

• Quantitative Investment Management LLC significantly increased its stake in Intel Corporation by 2,748.1% during the first quarter, now holding 682,710 shares valued at approximately $15.5 million.
• Intel reported a quarterly earnings per share of ($0.10), missing expectations, but experienced a 0.5% increase in revenue year-over-year, amounting to $12.86 billion.
• Institutional ownership of Intel stands at 64.53%, with notable investors like Nuveen LLC and Goldman Sachs significantly increasing their stakes in recent quarters.

Quantitative Investment Management LLC raised its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 2,748.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 682,710 shares of the chip maker's stock after purchasing an additional 658,739 shares during the quarter. Intel accounts for 1.4% of Quantitative Investment Management LLC's investment portfolio, making the stock its 11th biggest holding. Quantitative Investment Management LLC's holdings in Intel were worth $15,504,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cornerstone Advisory LLC boosted its position in Intel by 4.3% during the 4th quarter. Cornerstone Advisory LLC now owns 9,863 shares of the chip maker's stock worth $198,000 after acquiring an additional 409 shares during the period. 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 acquiring an additional 486 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in 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 worth $59,000 after purchasing an additional 491 shares during the last quarter. one8zero8 LLC grew its stake in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock valued at $280,000 after buying an additional 500 shares during the last quarter. Finally, Lakeridge Wealth Management LLC raised its holdings in Intel by 4.4% in the 1st quarter. Lakeridge Wealth Management LLC now owns 12,521 shares of the chip maker's stock worth $284,000 after acquiring an additional 525 shares during the period. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on INTC shares. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. Seaport Res Ptn raised Intel to a "strong sell" rating in a report on Wednesday, April 30th. Benchmark reaffirmed a "hold" rating on shares of Intel in a research note on Friday, July 25th. UBS Group upped their target price on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Intel in a report on Wednesday, May 21st. They set a "hold" rating and a $23.00 price target for the company. One research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intel has a consensus rating of "Reduce" and an average price target of $22.17.

Intel Price Performance

Shares of INTC traded up $0.50 during mid-day trading on Wednesday, hitting $24.85. 88,676,423 shares of the company traded hands, compared to its average volume of 99,433,375. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $108.77 billion, a price-to-earnings ratio of -5.21 and a beta of 1.22. The business has a 50-day moving average of $22.29 and a 200 day moving average of $21.79. Intel Corporation has a one year low of $17.67 and a one year high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion during 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 quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

About Intel

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.