Apexium Financial LP Lowers Stock Holdings in Intel Corporation $INTC

Apexium Financial LP trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 3.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 17,326 shares of the chip maker’s stock after selling 570 shares during the period. Apexium Financial LP’s holdings in Intel were worth $388,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Westbourne Investments Inc. raised 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 acquiring an additional 54,395 shares during the last quarter. LBP AM SA raised its holdings in Intel by 1.8% in the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock worth $16,460,000 after acquiring an additional 13,248 shares during the last quarter. Lockerman Financial Group Inc. purchased a new position in Intel in the 2nd quarter worth approximately $237,000. Swedbank AB raised its holdings in Intel by 5.0% in the 2nd quarter. Swedbank AB now owns 9,467,128 shares of the chip maker’s stock worth $212,064,000 after acquiring an additional 454,234 shares during the last quarter. Finally, Czech National Bank raised its holdings in Intel by 7.2% in the 2nd quarter. Czech National Bank now owns 1,066,599 shares of the chip maker’s stock worth $23,892,000 after acquiring an additional 72,065 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on INTC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intel in a research report on Saturday, September 27th. Stifel Nicolaus lifted 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. JPMorgan Chase & Co. reaffirmed a “sell” rating and issued a $21.00 target price on shares of Intel in a research report on Friday, September 19th. 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 report on Friday, September 19th. Finally, DZ Bank reaffirmed a “sell” rating on shares of Intel in a research report on Friday, September 19th. Two research 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 company. According to data from MarketBeat.com, Intel presently has a consensus rating of “Reduce” and a consensus target price of $26.19.

Intel Stock Down 1.3%

Shares of INTC stock opened at $36.83 on Friday. The stock has a market cap of $161.20 billion, a P/E ratio of -7.72 and a beta of 1.33. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $38.08. 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 company’s fifty day simple moving average is $25.47 and its two-hundred day simple moving average is $22.79.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts predict 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.