Intel Corporation $INTC Shares Sold by Bragg Financial Advisors Inc

Bragg Financial Advisors Inc reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 31.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,837 shares of the chip maker’s stock after selling 20,759 shares during the period. Bragg Financial Advisors Inc’s holdings in Intel were worth $1,018,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new position in shares of Intel in the 1st quarter valued at about $25,000. Vermillion Wealth Management Inc. purchased a new position in shares of Intel during the 4th quarter valued at approximately $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel during the first quarter worth approximately $27,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Intel in the first quarter worth $30,000. Finally, Olde Wealth Management LLC bought a new position in Intel during the 1st quarter valued at $31,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of NASDAQ INTC opened at $23.50 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a one year low of $17.67 and a one year high of $27.55. The business’s 50-day moving average price is $22.05 and its two-hundred day moving average price is $21.66. The company has a market capitalization of $102.86 billion, a P/E ratio of -4.93 and a beta of 1.22.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the previous year, the business posted $0.02 EPS. Intel’s revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on INTC. Morgan Stanley dropped their target price on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Friday, April 25th. Seaport Res Ptn raised Intel to a “strong sell” rating in a report on Wednesday, April 30th. Benchmark reissued a “hold” rating on shares of Intel in a report on Friday, July 25th. Stifel Nicolaus raised their price target on Intel from $21.00 to $24.50 and gave the company a “hold” rating in a report on Monday, July 21st. Finally, UBS Group upped their target price on Intel from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, July 14th. One analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock 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.