Intel Corporation $INTC Stake Decreased by Harbour Investments Inc.

Harbour Investments Inc. reduced its holdings in Intel Corporation (NASDAQ:INTC) by 8.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,953 shares of the chip maker’s stock after selling 3,138 shares during the quarter. Harbour Investments Inc.’s holdings in Intel were worth $738,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Verdence Capital Advisors LLC increased its position in Intel by 1.1% in the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock valued at $1,037,000 after acquiring an additional 486 shares during the period. Independent Wealth Network Inc. increased its position in Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after acquiring an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after acquiring an additional 491 shares during the period. one8zero8 LLC increased its position in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after acquiring an additional 500 shares during the period. Finally, Indiana Trust & Investment Management Co increased its position 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. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on INTC shares. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Rosenblatt Securities reiterated a “sell” rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. TD Cowen lifted their price target on Intel from $20.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, October 10th. Cantor Fitzgerald lifted their price target on Intel from $26.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. Finally, Northland Securities lifted their price target on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $28.54.

Intel Stock Performance

Shares of NASDAQ INTC opened at $37.01 on Monday. 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 stock has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33. The stock’s fifty day simple moving average is $28.85 and its 200 day simple moving average is $23.74. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $39.65.

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