Prospera Financial Services Inc Decreases Stake in Intel Corporation $INTC

Prospera Financial Services Inc decreased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 19.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,903 shares of the chip maker’s stock after selling 15,253 shares during the quarter. Prospera Financial Services Inc’s holdings in Intel were worth $1,454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Westbourne Investments Inc. boosted its position in shares of Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after acquiring an additional 54,395 shares during the last quarter. Pacific Wealth Management acquired a new stake in Intel during the second quarter worth about $1,593,000. Econ Financial Services Corp purchased a new position in Intel during the second quarter worth about $754,000. Y Intercept Hong Kong Ltd boosted its holdings in Intel by 6,865.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after purchasing an additional 1,134,895 shares during the last quarter. Finally, First Bancorp Inc ME purchased a new stake in shares of Intel in the 2nd quarter valued at approximately $207,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

NASDAQ INTC opened at $37.88 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $165.80 billion, a P/E ratio of 3,791.79 and a beta of 1.31. The stock has a 50-day moving average of $33.91 and a two-hundred day moving average of $26.04. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48.

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

Wall Street Analyst Weigh In

A number of research firms recently commented on INTC. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a report on Thursday, October 2nd. JPMorgan Chase & Co. upped their price target on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday, October 24th. HSBC raised their price objective on Intel from $24.00 to $26.00 in a research report on Friday, October 24th. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Benchmark lifted their price target on shares of Intel from $43.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Two investment 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average 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.