Cornerstone Advisory LLC Buys Shares of 9,084 Intel Corporation $INTC

Cornerstone Advisory LLC purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 9,084 shares of the chip maker’s stock, valued at approximately $203,000.

Several other large investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. boosted its holdings in shares of Intel by 2.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 149,957 shares of the chip maker’s stock worth $3,406,000 after buying an additional 3,962 shares during the last quarter. Valmark Advisers Inc. bought a new position in Intel in the first quarter worth approximately $203,000. Legacy Advisors LLC boosted its stake in shares of Intel by 24.5% during the 1st quarter. Legacy Advisors LLC now owns 12,692 shares of the chip maker’s stock worth $288,000 after acquiring an additional 2,500 shares during the last quarter. Archford Capital Strategies LLC bought a new stake in shares of Intel during the 1st quarter valued at $489,000. Finally, Spire Wealth Management increased its stake in shares of Intel by 156.3% in the 1st quarter. Spire Wealth Management now owns 64,901 shares of the chip maker’s stock worth $1,474,000 after purchasing an additional 39,581 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Trading Up 3.4%

INTC stock opened at $38.16 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $39.65. The business has a 50 day simple moving average of $30.10 and a two-hundred day simple moving average of $24.19. The company has a market capitalization of $167.03 billion, a price-to-earnings ratio of -8.00 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the company posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts anticipate that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a report on Thursday, October 2nd. Stifel Nicolaus raised their price objective on Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research note on Monday, July 21st. Mizuho lifted their price objective on Intel from $23.00 to $39.00 and gave the company a “neutral” rating in a research report on Monday, October 13th. Citigroup reissued a “sell” rating and issued a $29.00 target price (up from $24.00) on shares of Intel in a report on Friday, September 19th. Finally, Morgan Stanley lifted their price target on shares of Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a report on Monday. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $29.26.

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.