Intel Corporation $INTC Shares Bought by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC grew its stake in shares of Intel Corporation (NASDAQ:INTC) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,325 shares of the chip maker’s stock after purchasing an additional 1,232 shares during the period. IVC Wealth Advisors LLC’s holdings in Intel were worth $478,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Berger Financial Group Inc boosted its position in shares of Intel by 5.4% during the 2nd quarter. Berger Financial Group Inc now owns 10,517 shares of the chip maker’s stock worth $236,000 after purchasing an additional 543 shares in the last quarter. Mount Vernon Associates Inc. MD boosted its position in shares of Intel by 2.7% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 50,987 shares of the chip maker’s stock worth $1,142,000 after purchasing an additional 1,350 shares in the last quarter. Figure 8 Investment Strategies LLC boosted its position in shares of Intel by 262.3% during the 2nd quarter. Figure 8 Investment Strategies LLC now owns 32,437 shares of the chip maker’s stock worth $727,000 after purchasing an additional 23,484 shares in the last quarter. Corundum Group Inc. boosted its position in shares of Intel by 4.5% during the 2nd quarter. Corundum Group Inc. now owns 27,578 shares of the chip maker’s stock worth $618,000 after purchasing an additional 1,180 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. boosted its position in shares of Intel by 5.1% during the 2nd quarter. Stock Yards Bank & Trust Co. now owns 44,563 shares of the chip maker’s stock worth $998,000 after purchasing an additional 2,169 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Trading Down 1.3%

NASDAQ INTC opened at $36.83 on Friday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $38.08. The company has a 50-day moving average of $25.47 and a 200-day moving average of $22.79. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company has a market cap of $161.20 billion, a P/E ratio of -7.72 and a beta of 1.33.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (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 firm had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same quarter in the previous year, the firm posted $0.02 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. DZ Bank restated a “sell” rating on shares of Intel in a research report on Friday, September 19th. Cantor Fitzgerald lifted their price target on Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, July 25th. Erste Group Bank raised Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Finally, Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $26.19.

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.