Vident Advisory LLC Has $37.70 Million Holdings in Intel Corporation $INTC

Key Points

• Vident Advisory LLC reduced its holdings in Intel Corporation by 13.5%, now owning 1,660,070 shares valued at approximately $37.7 million.
• Despite a slight revenue increase of 0.5% year-over-year, Intel reported a loss of ($0.10) earnings per share, missing analysts' expectations.
• Major institutional investors, including Vanguard Group Inc. and UBS AM, have adjusted their positions in Intel, indicating a high level of interest with 64.53% of the stock owned by institutional investors.

Vident Advisory LLC cut its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 13.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,660,070 shares of the chip maker's stock after selling 259,240 shares during the period. Vident Advisory LLC's holdings in Intel were worth $37,700,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INTC. Vanguard Group Inc. raised its stake in shares of Intel by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after acquiring an additional 8,291,233 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Intel by 8.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock valued at $1,268,430,000 after buying an additional 4,793,927 shares during the last quarter. Northern Trust Corp grew its holdings in Intel by 0.3% in the 1st quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after buying an additional 158,288 shares during the last quarter. Invesco Ltd. grew its holdings in Intel by 1.3% in the 1st quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after buying an additional 562,246 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Intel by 3.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock valued at $795,431,000 after buying an additional 1,086,836 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of INTC stock opened at $24.93 on Friday. The stock's fifty day simple moving average is $22.43 and its 200 day simple moving average is $21.84. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The firm has a market cap of $109.12 billion, a price-to-earnings ratio of -5.23 and a beta of 1.22. 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 released its earnings results 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the previous year, the firm earned $0.02 EPS. The company's revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on INTC. Wall Street Zen lowered Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Benchmark reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a report on Tuesday, August 19th. Citigroup reissued a "hold" rating on shares of Intel in a report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. lifted their price objective on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Intel presently has an average rating of "Reduce" and a consensus price target of $22.17.

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.

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