Oak Thistle LLC Takes $2.22 Million Position in Intel Corporation $INTC

Oak Thistle LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the third quarter, Holdings Channel.com reports. The fund bought 66,255 shares of the chip maker’s stock, valued at approximately $2,223,000.

Several other hedge funds have also recently added to or reduced their stakes in INTC. Investors Research Corp grew its holdings in Intel by 0.7% during the 3rd quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock worth $1,362,000 after acquiring an additional 300 shares in the last quarter. Independent Wealth Network Inc. lifted its position in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after purchasing an additional 490 shares during the last quarter. HHM Wealth Advisors LLC grew its stake in shares of Intel by 6.3% during the second quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker’s stock worth $188,000 after purchasing an additional 497 shares in the last quarter. Indiana Trust & Investment Management Co increased its holdings in Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after buying an additional 500 shares during the last quarter. Finally, Cedar Mountain Advisors LLC raised its stake in Intel by 17.4% in the second quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker’s stock valued at $76,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $37.31 on Wednesday. The stock has a market cap of $178.23 billion, a P/E ratio of 3,734.73 and a beta of 1.34. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $44.02. The stock has a 50 day moving average of $38.09 and a two-hundred day moving average of $29.08. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38.

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

Wall Street Analyst Weigh In

INTC has been the subject of several analyst reports. Citigroup reaffirmed an “underperform” rating on shares of Intel in a research report on Tuesday. Benchmark upped their price target on Intel from $43.00 to $50.00 and gave the company a “buy” rating in a report on Friday, October 24th. Mizuho increased their price target on shares of Intel from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Morgan Stanley boosted their price objective on shares of Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Finally, Roth Capital upped their target price on shares of Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $34.84.

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.