L. Roy Papp & Associates LLP Sells 500 Shares of Intel Corporation $INTC

L. Roy Papp & Associates LLP trimmed its stake in shares of Intel Corporation (NASDAQ:INTC) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 14,956 shares of the chip maker’s stock after selling 500 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Intel were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of INTC. Nuveen LLC bought a new stake in shares of Intel during the 1st quarter valued at $538,430,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Intel during the 2nd quarter valued at $345,245,000. Price T Rowe Associates Inc. MD lifted its position in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after acquiring an additional 14,901,457 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Intel by 133.3% during the 1st 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 during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Intel by 86.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after buying an additional 10,523,590 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

INTC has been the subject of several recent analyst reports. Citigroup restated a “sell” rating and set a $29.00 price objective (up from $24.00) on shares of Intel in a research report on Friday, September 19th. JPMorgan Chase & Co. restated a “sell” rating and set a $21.00 price objective on shares of Intel in a research report on Friday, September 19th. Rosenblatt Securities restated a “sell” rating and set a $14.00 price objective on shares of Intel in a research report on Friday, July 25th. Needham & Company LLC restated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Finally, HSBC restated a “reduce” rating and set a $24.00 price objective (up from $21.25) on shares of Intel in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $26.30.

Intel Trading Up 1.0%

Shares of INTC stock opened at $37.80 on Friday. The stock has a market cap of $165.45 billion, a price-to-earnings ratio of -7.92 and a beta of 1.33. The stock has a 50-day moving average of $26.82 and a 200-day moving average of $23.16. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $38.68.

Intel (NASDAQ:INTC) last issued its quarterly earnings results 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). The company had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

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.