Intel Corporation $INTC Shares Sold by Legacy Trust

Legacy Trust reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 7.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,855 shares of the chip maker’s stock after selling 1,138 shares during the quarter. Legacy Trust’s holdings in Intel were worth $333,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of INTC. N.E.W. Advisory Services LLC acquired a new position in shares of Intel in the 1st quarter valued at $25,000. HFM Investment Advisors LLC purchased a new position in Intel in the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Intel in the first quarter worth about $27,000. West Branch Capital LLC purchased a new stake in shares of Intel during the 2nd quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of Intel during the 1st quarter valued at about $30,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Down 1.3%

INTC opened at $36.83 on Friday. The stock has a market capitalization of $161.20 billion, a PE ratio of -7.72 and a beta of 1.33. Intel Corporation has a one year low of $17.67 and a one year high of $38.08. 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 business’s 50 day moving average price is $25.47 and its 200 day moving average price is $22.79.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. During the same period last year, the business earned $0.02 EPS. Intel’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, equities research analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Analysts Set New Price Targets

INTC has been the subject of a number of analyst reports. DZ Bank reaffirmed a “sell” rating on shares of Intel in a report on Friday, September 19th. Barclays boosted their price objective on Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Intel from $23.00 to $30.00 and gave the company a “hold” rating in a research note on Monday, September 29th. Finally, Wall Street Zen upgraded shares of Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $26.19.

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.