King Luther Capital Management Corp Sells 19,693 Shares of Intel Corporation $INTC

King Luther Capital Management Corp reduced its position in Intel Corporation (NASDAQ:INTC) by 46.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 22,920 shares of the chip maker’s stock after selling 19,693 shares during the period. King Luther Capital Management Corp’s holdings in Intel were worth $513,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of INTC. Verdence Capital Advisors LLC increased its holdings in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after acquiring an additional 486 shares during the last quarter. Independent Wealth Network Inc. raised its position 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 valued at $222,000 after purchasing an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Intel by 23.1% during the 1st 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 boosted its holdings in shares of Intel by 4.2% during the 1st 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 period. Finally, Indiana Trust & Investment Management Co raised its holdings in Intel by 8.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 500 shares during the period. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on INTC shares. KeyCorp reiterated a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. DZ Bank restated a “sell” rating on shares of Intel in a research report on Friday, October 24th. Wedbush lifted their price target on shares of Intel from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Loop Capital increased their price target on Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, BNP Paribas Exane upped their target price on Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Price Performance

Intel stock opened at $37.88 on Wednesday. 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 stock has a market capitalization of $165.80 billion, a P/E ratio of 3,791.79 and a beta of 1.31. The stock has a fifty day moving average of $33.91 and a 200-day moving average of $26.04.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

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.