Intel Corporation $INTC Shares Sold by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC decreased its stake in shares of Intel Corporation (NASDAQ:INTC) by 7.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,267 shares of the chip maker’s stock after selling 886 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Intel were worth $259,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Westbourne Investments Inc. increased its holdings in Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock worth $1,622,000 after buying an additional 54,395 shares during the period. LBP AM SA grew its stake in shares of Intel by 1.8% during the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock worth $16,460,000 after purchasing an additional 13,248 shares during the period. Lockerman Financial Group Inc. acquired a new stake in shares of Intel during the 2nd quarter worth approximately $237,000. Swedbank AB grew its stake in shares of Intel by 5.0% during the 2nd quarter. Swedbank AB now owns 9,467,128 shares of the chip maker’s stock worth $212,064,000 after purchasing an additional 454,234 shares during the period. Finally, Czech National Bank grew its stake in shares of Intel by 7.2% during the 2nd quarter. Czech National Bank now owns 1,066,599 shares of the chip maker’s stock worth $23,892,000 after purchasing an additional 72,065 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Up 1.6%

Shares of INTC stock opened at $37.17 on Wednesday. The stock’s fifty day moving average is $26.12 and its two-hundred day moving average is $22.96. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market capitalization of $162.69 billion, a P/E ratio of -7.79 and a beta of 1.33. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $38.68.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Benchmark raised shares of Intel from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research note on Friday, September 19th. Citigroup reaffirmed a “sell” rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Seaport Res Ptn raised shares of Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. Finally, Northland Securities raised their price objective on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $26.30.

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.