Voleon Capital Management LP Has $3.02 Million Holdings in Intel Corporation $INTC

Key Points

• Voleon Capital Management LP significantly reduced its stake in Intel Corporation by selling 236,772 shares, now holding 133,103 shares, valued at approximately $3 million.
• Recent analyst ratings reflect a mixed outlook for Intel, with 22 analysts giving a "Hold" rating, while one rated it as a "Buy" and five as a "Sell," resulting in a consensus target price of $22.17.
• Intel's latest earnings report revealed a loss of ($0.10) per share, missing estimates, despite a year-over-year revenue increase of 0.5% to $12.86 billion.

Voleon Capital Management LP cut its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 64.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,103 shares of the chip maker's stock after selling 236,772 shares during the quarter. Voleon Capital Management LP's holdings in Intel were worth $3,023,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. UniSuper Management Pty Ltd boosted its position in shares of Intel by 5.4% during the 1st quarter. UniSuper Management Pty Ltd now owns 867,874 shares of the chip maker's stock valued at $19,709,000 after purchasing an additional 44,111 shares in the last quarter. Rise Advisors LLC boosted its position in shares of Intel by 23.8% during the 1st quarter. Rise Advisors LLC now owns 2,727 shares of the chip maker's stock valued at $62,000 after purchasing an additional 524 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its position in shares of Intel by 7.3% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 1,470,872 shares of the chip maker's stock valued at $33,404,000 after purchasing an additional 100,376 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Intel by 5.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,928,205 shares of the chip maker's stock valued at $134,630,000 after purchasing an additional 303,109 shares in the last quarter. Finally, KADENSA CAPITAL Ltd bought a new position in shares of Intel during the 1st quarter valued at about $17,725,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Intel in a research report on Wednesday, May 21st. They set a "hold" rating and a $23.00 price objective for the company. Rosenblatt Securities restated a "sell" rating and set a $14.00 price objective on shares of Intel in a research report on Friday, July 25th. Loop Capital started coverage on Intel in a report on Monday, July 21st. They set a "hold" rating and a $25.00 price objective on the stock. UBS Group boosted their price objective on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Finally, Citigroup restated a "hold" rating on shares of Intel in a report on Tuesday, July 8th. One research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Stock Down 0.0%

Shares of INTC traded down $0.01 during trading hours on Monday, reaching $24.48. The company's stock had a trading volume of 50,769,990 shares, compared to its average volume of 126,709,264. The company has a 50 day moving average of $22.75 and a two-hundred day moving average of $21.81. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $27.55. The firm has a market cap of $107.15 billion, a price-to-earnings ratio of -5.13 and a beta of 1.23. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last released 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). 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 during the quarter, compared to analyst estimates of $11.88 billion. During the same quarter in the prior year, the company posted $0.02 EPS. The company's quarterly revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts predict that Intel Corporation will post -0.11 EPS 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.