Crews Bank & Trust Reduces Position in Intel Corporation $INTC

Crews Bank & Trust cut its stake in shares of Intel Corporation (NASDAQ:INTC) by 21.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,531 shares of the chip maker’s stock after selling 2,115 shares during the quarter. Crews Bank & Trust’s holdings in Intel were worth $169,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in INTC. N.E.W. Advisory Services LLC purchased a new stake in Intel in the first quarter valued at $25,000. HFM Investment Advisors LLC purchased a new stake in Intel in the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel in the first quarter valued at $27,000. West Branch Capital LLC purchased a new stake in Intel in the second quarter valued at $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in Intel in the first quarter valued at $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Citigroup reaffirmed a “sell” rating and issued a $29.00 price target (up from $24.00) on shares of Intel in a report on Friday, September 19th. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Thursday. Stifel Nicolaus upped their price objective on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research report on Monday, July 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of Intel in a research report on Saturday, September 27th. Finally, Wall Street Zen upgraded shares of Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $26.19.

Intel Stock Down 1.3%

INTC stock opened at $36.83 on Friday. The stock has a market capitalization of $161.20 billion, a P/E ratio of -7.72 and a beta of 1.33. The firm has a 50-day simple moving average of $25.47 and a 200-day simple moving average of $22.80. 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 Corporation has a 52 week low of $17.67 and a 52 week high of $38.08.

Intel (NASDAQ:INTC) last released 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period in the prior year, the firm earned $0.02 EPS. The firm’s revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts forecast that Intel Corporation will post -0.11 earnings per share 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.