Woodline Partners LP Sells 1,052,081 Shares of Intel Corporation $INTC

Key Points

• Woodline Partners LP has reduced its stake in Intel Corporation by 63.5%, selling over 1 million shares, leaving it with approximately 605,744 shares valued at $13.76 million.
• Multiple hedge funds have recently made new investments in Intel, indicating continued institutional interest in the stock, which is currently owned about 64.53% by institutional investors.
• Despite a missed earnings estimate of (-$0.10 EPS), Intel reported a revenue increase of .5% year-over-year, with analysts predicting a consensus EPS of -0.11 for the current fiscal year.

Woodline Partners LP cut its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 63.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 605,744 shares of the chip maker's stock after selling 1,052,081 shares during the quarter. Woodline Partners LP's holdings in Intel were worth $13,756,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. HFM Investment Advisors LLC bought a new stake in shares of Intel during the first quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Intel during the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Intel during the first quarter valued at approximately $27,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Intel during the first quarter valued at approximately $30,000. Finally, Vermillion Wealth Management Inc. bought a new stake in shares of Intel during the fourth quarter valued at approximately $27,000. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

INTC has been the topic of several research reports. Sanford C. Bernstein restated a "market perform" rating on shares of Intel in a research report on Tuesday, August 19th. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Friday, July 25th. Benchmark reiterated a "hold" rating on shares of Intel in a research note on Friday, July 25th. Loop Capital initiated coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Intel from $20.00 to $21.00 and gave the company an "underweight" rating in a research note 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 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 price target of $22.17.

Intel Stock Up 1.4%

Intel stock opened at $24.77 on Thursday. The firm has a market cap of $108.42 billion, a price-to-earnings ratio of -5.19 and a beta of 1.23. The stock has a fifty day simple moving average of $22.84 and a two-hundred day simple moving average of $21.85. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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 during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Intel 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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