Intellectus Partners LLC Buys 4,576 Shares of Intel Corporation $INTC

Intellectus Partners LLC lifted its stake in shares of Intel Corporation (NASDAQ:INTCFree Report) by 31.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,191 shares of the chip maker’s stock after acquiring an additional 4,576 shares during the quarter. Intellectus Partners LLC’s holdings in Intel were worth $430,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HFM Investment Advisors LLC bought a new position in shares of Intel during the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Intel during the 1st quarter valued at approximately $27,000. West Branch Capital LLC bought a new position in shares of Intel during the 2nd quarter valued at approximately $28,000. Finally, PrairieView Partners LLC lifted its holdings in Intel by 77.0% in the 1st quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after purchasing an additional 608 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Stifel Nicolaus boosted their price target on Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a report on Monday, July 21st. Wedbush boosted their price target on Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Rosenblatt Securities boosted their price target on Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a report on Friday, October 24th. Wells Fargo & Company increased their price objective on shares of Intel from $30.00 to $45.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. Finally, UBS Group increased their price objective on shares of Intel from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $34.18.

Read Our Latest Stock Analysis on INTC

Intel Stock Down 1.2%

Shares of INTC opened at $39.50 on Tuesday. The stock has a market capitalization of $172.89 billion, a price-to-earnings ratio of 3,953.95 and a beta of 1.33. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $42.48. The business’s 50 day simple moving average is $32.31 and its 200-day simple moving average is $25.28. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTCGet Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, equities analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Intel Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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