Jacobi Capital Management LLC Sells 7,393 Shares of Intel Corporation $INTC

Jacobi Capital Management LLC cut its holdings in Intel Corporation (NASDAQ:INTC) by 5.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 123,747 shares of the chip maker’s stock after selling 7,393 shares during the period. Jacobi Capital Management LLC’s holdings in Intel were worth $2,810,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. N.E.W. Advisory Services LLC acquired a new stake in Intel in the 1st quarter valued at $25,000. HFM Investment Advisors LLC bought a new position in shares of Intel in the 1st quarter valued at about $25,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Intel in the fourth quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the first quarter worth about $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in Intel during the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

INTC has been the topic of several recent analyst reports. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. Mizuho boosted their target price on shares of Intel from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, July 3rd. Deutsche Bank Aktiengesellschaft began coverage on shares of Intel in a research note on Wednesday, May 21st. They issued a “hold” rating and a $23.00 price target for the company. Stifel Nicolaus boosted their price objective on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research note on Monday, July 21st. Finally, Benchmark reaffirmed a “hold” rating on shares of Intel in a report on Friday, July 25th. One analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $22.17.

Intel Stock Performance

Shares of INTC stock opened at $24.77 on Thursday. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The company has a market capitalization of $108.42 billion, a price-to-earnings ratio of -5.19 and a beta of 1.23. The company has a 50-day simple moving average of $22.84 and a 200 day simple moving average of $21.85. 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 released its quarterly 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 company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the prior year, the company earned $0.02 earnings per share. The firm’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. On average, sell-side analysts predict that Intel Corporation will post -0.11 earnings per share 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.