Robertson Stephens Wealth Management LLC Sells 6,119 Shares of Intel Corporation $INTC

Robertson Stephens Wealth Management LLC cut its holdings in Intel Corporation (NASDAQ:INTC) by 22.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,683 shares of the chip maker’s stock after selling 6,119 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Intel were worth $486,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in INTC. CX Institutional raised its position in Intel by 149.3% in the first quarter. CX Institutional now owns 19,045 shares of the chip maker’s stock worth $433,000 after acquiring an additional 11,405 shares during the period. Focus Financial Network Inc. raised its position in shares of Intel by 28.4% during the 1st quarter. Focus Financial Network Inc. now owns 14,326 shares of the chip maker’s stock valued at $325,000 after purchasing an additional 3,165 shares during the period. Simon Quick Advisors LLC bought a new stake in shares of Intel during the 1st quarter valued at $305,000. Everhart Financial Group Inc. bought a new stake in shares of Intel during the 1st quarter valued at $562,000. Finally, CVA Family Office LLC raised its position in shares of Intel by 62.5% during the 1st quarter. CVA Family Office LLC now owns 4,319 shares of the chip maker’s stock valued at $98,000 after purchasing an additional 1,661 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Roth Capital restated a “neutral” rating and set a $30.00 price objective on shares of Intel in a research report on Thursday, September 18th. Mizuho raised their price objective on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, July 3rd. Seaport Res Ptn upgraded shares of Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Barclays raised their price objective on shares of Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Finally, Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, Intel presently has an average rating of “Reduce” and an average price target of $26.63.

Intel Stock Performance

INTC opened at $36.44 on Friday. The stock has a market capitalization of $159.49 billion, a price-to-earnings ratio of -7.64 and a beta of 1.33. The company has a fifty day moving average of $27.17 and a 200 day moving average of $23.24. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $39.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

Intel (NASDAQ:INTC) last posted its 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 for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.