Redwood Investment Management LLC Makes New Investment in Intel Corporation $INTC

Key Points

• Redwood Investment Management LLC has acquired a new stake in Intel Corporation, purchasing 10,510 shares valued at approximately $239,000 in the first quarter.
• Despite missing earnings expectations with an EPS of (0.10) for the last quarter, Intel reported revenue of $12.86 billion, outperforming analyst estimates of $11.88 billion.
• The consensus rating for Intel's stock remains at "Reduce," with a price target averaging around $22.17, indicating mixed sentiment from analysts.

Redwood Investment Management LLC purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,510 shares of the chip maker's stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Intel in the 1st quarter valued at $212,000. Gamco Investors INC. ET AL grew its position in Intel by 7.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 12,229 shares of the chip maker's stock worth $278,000 after acquiring an additional 854 shares during the last quarter. Gabelli Funds LLC grew its position in shares of Intel by 66.0% in the 1st quarter. Gabelli Funds LLC now owns 201,233 shares of the chip maker's stock valued at $4,570,000 after buying an additional 80,000 shares during the last quarter. PKS Advisory Services LLC grew its position in shares of Intel by 27.2% in the 1st quarter. PKS Advisory Services LLC now owns 13,809 shares of the chip maker's stock valued at $312,000 after buying an additional 2,950 shares during the last quarter. Finally, WCG Wealth Advisors LLC grew its position in shares of Intel by 82.1% in the 1st quarter. WCG Wealth Advisors LLC now owns 52,484 shares of the chip maker's stock valued at $1,192,000 after buying an additional 23,668 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Performance

Shares of INTC traded down $0.58 on Friday, reaching $24.35. 63,398,527 shares of the company's stock traded hands, compared to its average volume of 138,844,512. 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 cap of $106.58 billion, a PE ratio of -5.10 and a beta of 1.22. The stock's 50 day simple moving average is $22.50 and its two-hundred day simple moving average is $21.87. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business's revenue was up .5% compared to the same quarter last year. During the same period 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. On average, analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of recent analyst reports. Rosenblatt Securities reissued a "sell" rating and issued a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. Citigroup reissued a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. UBS Group boosted their price objective on Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. Finally, Mizuho upped their price target on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, July 3rd. One equities 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, Intel presently has a consensus rating of "Reduce" and an average price target of $22.17.

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.