Forsta AP Fonden Has $19.87 Million Position in Intel Corporation $INTC

Forsta AP Fonden cut its holdings in shares of Intel Corporation (NASDAQ:INTC) by 6.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 886,946 shares of the chip maker’s stock after selling 59,600 shares during the period. Forsta AP Fonden’s holdings in Intel were worth $19,868,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the first quarter valued at about $25,000. HFM Investment Advisors LLC acquired a new stake in Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel during the 1st quarter worth approximately $27,000. West Branch Capital LLC bought a new position in Intel during the 2nd quarter worth approximately $28,000. Finally, PrairieView Partners LLC lifted its position in shares of Intel by 77.0% in the 1st 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 period. 64.53% of the stock is owned by institutional investors.

Intel Stock Up 0.0%

Shares of NASDAQ:INTC opened at $37.89 on Thursday. 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 Corporation has a 52-week low of $17.67 and a 52-week high of $42.48. The business’s 50 day simple moving average is $34.19 and its two-hundred day simple moving average is $26.12. The firm has a market cap of $181.00 billion, a P/E ratio of 3,792.79 and a beta of 1.31.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share 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 for the quarter, compared to analyst estimates of $13.10 billion. During the same period in the prior year, the firm earned ($0.46) earnings per share. Intel’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on INTC. DZ Bank reissued a “sell” rating on shares of Intel in a research note on Friday, October 24th. Barclays increased their price target on Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. KeyCorp reissued a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Evercore ISI raised their target price on Intel from $23.00 to $41.10 in a research note on Friday, October 24th. Finally, Roth Capital lifted their target price on Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $34.84.

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.