Aspen Investment Management Inc Sells 1,550 Shares of Intel Corporation $INTC

Aspen Investment Management Inc decreased its position in Intel Corporation (NASDAQ:INTC) by 8.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,184 shares of the chip maker’s stock after selling 1,550 shares during the quarter. Aspen Investment Management Inc’s holdings in Intel were worth $390,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in INTC. Nuveen LLC bought a new position in Intel in the first quarter worth $538,430,000. Price T Rowe Associates Inc. MD raised its holdings in Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after purchasing an additional 14,901,457 shares in the last quarter. Two Sigma Advisers LP bought a new position in Intel in the fourth quarter worth $289,752,000. Two Sigma Investments LP bought a new position in shares of Intel during the fourth quarter valued at $237,457,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after acquiring an additional 10,719,274 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Trading Down 0.2%

Shares of NASDAQ:INTC opened at $24.44 on Wednesday. The stock has a market capitalization of $106.97 billion, a price-to-earnings ratio of -5.12 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The stock’s 50-day simple moving average is $22.78 and its two-hundred day simple moving average is $21.83. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $27.55.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company’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 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several analyst reports. Sanford C. Bernstein restated a “market perform” rating on shares of Intel in a report on Tuesday, August 19th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a report on Friday, July 25th. Citigroup reiterated a “hold” rating on shares of Intel in a report on Tuesday, July 8th. Wall Street Zen downgraded Intel from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. Finally, Benchmark reiterated a “hold” rating on shares of Intel in a report on Friday, July 25th. One 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $22.17.

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.