Adirondack Trust Co. Sells 5,412 Shares of Intel Corporation $INTC

Adirondack Trust Co. decreased its holdings in Intel Corporation (NASDAQ:INTC) by 20.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,051 shares of the chip maker’s stock after selling 5,412 shares during the period. Adirondack Trust Co.’s holdings in Intel were worth $471,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in INTC. Nuveen LLC bought a new position in shares of Intel in the 1st quarter worth $538,430,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Intel in the 2nd quarter worth $345,245,000. Price T Rowe Associates Inc. MD boosted its position in shares of Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after purchasing an additional 14,901,457 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in shares of Intel by 86.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after purchasing an additional 10,523,590 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Stock Performance

Shares of INTC opened at $29.58 on Friday. The stock has a 50-day moving average of $23.29 and a two-hundred day moving average of $22.00. Intel Corporation has a one year low of $17.67 and a one year high of $32.38. 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 stock has a market cap of $129.47 billion, a P/E ratio of -6.20 and a beta of 1.23.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. During the same period in the prior year, the firm posted $0.02 EPS. The business’s revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on INTC. DZ Bank reissued a “sell” rating on shares of Intel in a research report on Friday. UBS Group lifted their target price on shares of Intel from $25.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday. Rosenblatt Securities reissued a “sell” rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Stifel Nicolaus boosted their target price on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research report on Monday, July 21st. Finally, Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $24.27.

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.