Intel Corporation $INTC Shares Sold by Notis McConarty Edward

Notis McConarty Edward lessened its position in shares of Intel Corporation (NASDAQ:INTC) by 15.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,000 shares of the chip maker’s stock after selling 2,000 shares during the period. Notis McConarty Edward’s holdings in Intel were worth $246,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC increased its stake in shares of Intel by 1.1% in the first quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after buying an additional 486 shares during the last quarter. Independent Wealth Network Inc. increased its stake in shares of Intel by 5.2% in the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after buying an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after buying an additional 491 shares during the last quarter. one8zero8 LLC increased its stake in shares of Intel by 4.2% in the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after buying an additional 500 shares during the last quarter. Finally, Indiana Trust & Investment Management Co increased its stake in shares of Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Intel from $23.00 to $30.00 and gave the stock a “hold” rating in a research note on Monday, September 29th. JPMorgan Chase & Co. reaffirmed a “sell” rating and issued a $21.00 price objective on shares of Intel in a report on Friday, September 19th. Citigroup reaffirmed a “sell” rating and issued a $29.00 price objective (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. UBS Group lifted their price objective on shares of Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Two research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $26.30.

Intel Trading Up 0.7%

NASDAQ:INTC opened at $37.43 on Thursday. 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 fifty-two week low of $17.67 and a fifty-two week high of $38.68. The stock’s 50-day moving average is $26.46 and its two-hundred day moving average is $23.06. The stock has a market cap of $163.83 billion, a PE ratio of -7.85 and a beta of 1.33.

Intel (NASDAQ:INTC) last released 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). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period last year, the firm earned $0.02 EPS. The company’s revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research 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.