Migdal Insurance & Financial Holdings Ltd. Trims Holdings in Intel Corporation $INTC

Migdal Insurance & Financial Holdings Ltd. lowered its position in Intel Corporation (NASDAQ:INTC) by 86.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,771 shares of the chip maker’s stock after selling 24,676 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Intel were worth $84,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of INTC. Bank of Nova Scotia increased its holdings in Intel by 2.3% in the 2nd quarter. Bank of Nova Scotia now owns 2,332,433 shares of the chip maker’s stock worth $52,246,000 after acquiring an additional 51,383 shares in the last quarter. Norges Bank acquired a new stake in shares of Intel in the second quarter valued at about $1,579,378,000. Engineers Gate Manager LP increased its stake in shares of Intel by 91.8% during the second quarter. Engineers Gate Manager LP now owns 765,091 shares of the chip maker’s stock worth $17,138,000 after purchasing an additional 366,092 shares in the last quarter. Isthmus Partners LLC raised its position in shares of Intel by 100.1% during the 2nd quarter. Isthmus Partners LLC now owns 247,660 shares of the chip maker’s stock worth $5,548,000 after purchasing an additional 123,895 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after buying an additional 8,513,298 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on INTC shares. Raymond James Financial assumed coverage on Intel in a report on Friday, November 21st. They set a “market perform” rating for the company. Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a report on Tuesday, November 18th. Morgan Stanley upped their target price on shares of Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. Citigroup restated a “sell” rating on shares of Intel in a research report on Friday, December 5th. Finally, Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Price Performance

Shares of INTC stock opened at $37.81 on Monday. The firm’s 50-day moving average is $38.07 and its two-hundred day moving average is $28.83. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $44.02. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $180.62 billion, a PE ratio of 3,784.78 and a beta of 1.34.

Intel (NASDAQ:INTC) last announced 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 business had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter last year, the firm earned ($0.46) EPS. The business’s revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts predict that Intel Corporation will post -0.11 earnings per share for the current 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.