Independent Wealth Network Inc. Purchases 490 Shares of Intel Corporation $INTC

Independent Wealth Network Inc. lifted its position in Intel Corporation (NASDAQ:INTC) by 5.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,927 shares of the chip maker’s stock after buying an additional 490 shares during the period. Independent Wealth Network Inc.’s holdings in Intel were worth $222,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Westbourne Investments Inc. raised its holdings in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock worth $1,622,000 after purchasing an additional 54,395 shares in the last quarter. Swedbank AB boosted its holdings in Intel by 5.0% during the second quarter. Swedbank AB now owns 9,467,128 shares of the chip maker’s stock valued at $212,064,000 after purchasing an additional 454,234 shares in the last quarter. Czech National Bank lifted its stake in Intel by 7.2% in the second quarter. Czech National Bank now owns 1,066,599 shares of the chip maker’s stock valued at $23,892,000 after buying an additional 72,065 shares during the period. CHICAGO TRUST Co NA increased its position in shares of Intel by 48.3% in the second quarter. CHICAGO TRUST Co NA now owns 43,742 shares of the chip maker’s stock valued at $980,000 after acquiring an additional 14,253 shares during the last quarter. Finally, 180 Wealth Advisors LLC raised its position in shares of Intel by 124.9% in the first quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker’s stock valued at $2,905,000 after buying an additional 71,049 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on INTC shares. Seaport Res Ptn upgraded Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Barclays increased their target price on shares of Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Northland Securities raised their price objective on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Intel in a research report on Tuesday, August 19th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $25.90.

Intel Price Performance

Shares of INTC stock opened at $35.50 on Friday. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $36.30. The stock has a market cap of $155.38 billion, a price-to-earnings ratio of -7.44 and a beta of 1.23. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The business’s fifty day moving average is $24.17 and its 200 day moving average is $22.41.

Intel (NASDAQ:INTC) last announced 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 return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. During the same period in the previous year, the company posted $0.02 EPS. Intel’s revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts expect that Intel Corporation will post -0.11 EPS 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.