Quinn Opportunity Partners LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,302 shares of the chip maker’s stock, valued at approximately $320,000.
Several other institutional investors and hedge funds also recently made changes to their positions in INTC. Westbourne Investments Inc. raised its position in Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after purchasing an additional 54,395 shares during the last quarter. Pacific Wealth Management bought a new stake in shares of Intel in the 2nd quarter worth approximately $1,593,000. Econ Financial Services Corp purchased a new stake in shares of Intel in the second quarter worth $754,000. Y Intercept Hong Kong Ltd increased its stake in Intel by 6,865.7% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after purchasing an additional 1,134,895 shares in the last quarter. Finally, First Bancorp Inc ME purchased a new position in Intel in the 2nd quarter worth approximately $207,000. Institutional investors own 64.53% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on INTC. Weiss Ratings restated a “sell (d)” rating on shares of Intel in a research note on Wednesday, October 8th. Northland Securities increased their price objective on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. New Street Research lifted their target price on shares of Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Evercore ISI upped their target price on shares of Intel from $23.00 to $41.10 in a report on Friday, October 24th. Finally, Wells Fargo & Company upped their price objective on Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $34.84.
Intel Stock Up 0.0%
NASDAQ INTC opened at $37.89 on Thursday. The stock has a 50 day moving average price of $34.19 and a 200-day moving average price of $26.12. Intel Corporation has a one year low of $17.67 and a one year high of $42.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market capitalization of $181.00 billion, a P/E ratio of 3,792.79 and a beta of 1.31.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The company had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the prior year, the firm earned ($0.46) earnings per share. Intel’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, 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.
Further Reading
- Five stocks we like better than Intel
- Why Are Stock Sectors Important to Successful Investing?
- 3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming
- Pros And Cons Of Monthly Dividend Stocks
- As Warren Buffett Nears His Exit, Berkshire’s Amassed Record Cash
- Which Wall Street Analysts are the Most Accurate?
- Rare Earth Stocks: The Truce That Isn’t a Truce
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.
