AllSquare Wealth Management LLC Grows Stock Holdings in Intel Co. (NASDAQ:INTC)

AllSquare Wealth Management LLC lifted its position in Intel Co. (NASDAQ:INTC) by 26.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,772 shares of the chip maker’s stock after buying an additional 2,070 shares during the period. AllSquare Wealth Management LLC’s holdings in Intel were worth $196,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of INTC. Quest Partners LLC increased its position in Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after buying an additional 1,253 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of Intel by 1.7% in the 3rd quarter. Prospera Financial Services Inc now owns 67,281 shares of the chip maker’s stock valued at $1,579,000 after purchasing an additional 1,135 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Intel in the 3rd quarter valued at approximately $64,000. Howe & Rusling Inc. boosted its stake in Intel by 8.2% in the 3rd quarter. Howe & Rusling Inc. now owns 31,613 shares of the chip maker’s stock worth $742,000 after purchasing an additional 2,396 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in Intel during the 3rd quarter worth approximately $48,000. Institutional investors own 64.53% of the company’s stock.

Intel Stock Down 0.7 %

NASDAQ INTC opened at $23.96 on Friday. The business has a fifty day moving average price of $21.85 and a 200 day moving average price of $21.96. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The company has a market cap of $103.75 billion, a P/E ratio of -5.47 and a beta of 1.02. Intel Co. has a one year low of $18.51 and a one year high of $45.41.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. Research analysts anticipate that Intel Co. will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Citigroup lowered their price objective on shares of Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research note on Tuesday, January 21st. Roth Mkm lowered their price target on Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Wells Fargo & Company reduced their price objective on Intel from $28.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Truist Financial decreased their target price on Intel from $22.00 to $21.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, HSBC upgraded shares of Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Four equities research analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $27.04.

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.