Ironwood Investment Counsel LLC Sells 5,935 Shares of Intel Corporation $INTC

Ironwood Investment Counsel LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 30.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,290 shares of the chip maker’s stock after selling 5,935 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Intel were worth $298,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of INTC. N.E.W. Advisory Services LLC bought a new position in Intel in the 1st quarter valued at about $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel in the first quarter valued at approximately $27,000. West Branch Capital LLC acquired a new position in Intel during the second quarter valued at approximately $28,000. Finally, PrairieView Partners LLC lifted its stake in Intel by 77.0% during the first quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after purchasing an additional 608 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on INTC. BNP Paribas Exane boosted their price target on Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a report on Friday, October 24th. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. KeyCorp reissued a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Susquehanna raised their price target on shares of Intel from $31.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Bank of America reaffirmed an “underperform” rating and set a $34.00 price target on shares of Intel in a report on Monday, October 13th. Two analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Price Performance

Shares of NASDAQ:INTC opened at $37.89 on Thursday. The firm has a market cap of $181.00 billion, a PE ratio of 3,792.79 and a beta of 1.31. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48. The firm’s fifty day moving average is $34.19 and its 200-day moving average is $26.12. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same period last year, the company earned ($0.46) earnings per share. The firm’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. Sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Intel 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.