Prostatis Group LLC Buys 902 Shares of Intel Corporation $INTC

Prostatis Group LLC raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,766 shares of the chip maker’s stock after acquiring an additional 902 shares during the quarter. Prostatis Group LLC’s holdings in Intel were worth $1,003,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of INTC. Nuveen LLC bought a new stake in Intel during the first quarter valued at about $538,430,000. Kingstone Capital Partners Texas LLC bought a new stake in Intel during the second quarter valued at about $345,245,000. Price T Rowe Associates Inc. MD raised its holdings in Intel by 99.8% during the first 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. raised its holdings in Intel by 133.3% during the first 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. raised its holdings in Intel by 86.4% during the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock valued at $508,593,000 after acquiring an additional 10,523,590 shares during the period. 64.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on INTC shares. 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. Northland Securities raised their price objective on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Benchmark upgraded Intel from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Friday, September 19th. Loop Capital began coverage on Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 price objective for the company. Finally, New Street Research raised their price objective on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $26.63.

Intel Trading Down 3.6%

INTC opened at $36.44 on Friday. The firm has a market cap of $159.49 billion, a P/E ratio of -7.64 and a beta of 1.33. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average of $27.17 and a 200 day moving average of $23.24.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS 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 analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 EPS 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.