Venture Visionary Partners LLC Sells 40,257 Shares of Intel Corporation $INTC

Key Points

• Venture Visionary Partners LLC sold 40,257 shares of Intel Corporation, reducing its holdings by 42.8% to 53,707 shares, valued at approximately $1.22 million.
• Intel's stock recently traded at $23.54, with a 52-week range between $17.67 and $27.55, and analysts have mixed ratings on the stock with an average consensus price target of $22.17.
• In its latest earnings report, Intel missed consensus estimates with a reported loss of $0.10 earnings per share, despite revenue of $12.86 billion exceeding expectations.

Venture Visionary Partners LLC cut its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 42.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,707 shares of the chip maker's stock after selling 40,257 shares during the quarter. Venture Visionary Partners LLC's holdings in Intel were worth $1,220,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Freestone Grove Partners LP purchased a new position in shares of Intel during the fourth quarter worth approximately $62,654,000. Toronto Dominion Bank raised its stake in shares of 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 in the last quarter. 180 Wealth Advisors LLC raised its stake in shares of 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 in the last quarter. Alteri Wealth LLC purchased a new position in shares of Intel during the fourth quarter worth approximately $2,379,000. Finally, Gordian Capital Singapore Pte Ltd raised its stake in shares of Intel by 120.7% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 64,000 shares of the chip maker's stock worth $1,282,000 after acquiring an additional 35,000 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTC has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. UBS Group lifted their target price on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Rosenblatt Securities reaffirmed a "sell" rating and issued a $14.00 target price on shares of Intel in a research note on Friday, July 25th. Morgan Stanley decreased their target price on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Friday, April 25th. Finally, Loop Capital initiated coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 target price on the stock. One research analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $22.17.

Intel Trading Up 5.5%

NASDAQ:INTC traded up $1.30 during trading hours on Friday, hitting $24.80. The company had a trading volume of 196,468,412 shares, compared to its average volume of 139,018,528. The company has a market capitalization of $108.55 billion, a PE ratio of -5.20 and a beta of 1.22. The stock has a 50-day moving average price of $22.15 and a 200 day moving average price of $21.70. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly 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 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 business's revenue was up .5% on a year-over-year basis. During the same quarter last year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Intel Company 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.