Mutual Advisors LLC Cuts Stake in Intel Corporation $INTC

Mutual Advisors LLC reduced its holdings in shares of Intel Corporation (NASDAQ:INTC) by 12.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 123,904 shares of the chip maker’s stock after selling 17,286 shares during the period. Mutual Advisors LLC’s holdings in Intel were worth $2,565,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Westbourne Investments Inc. increased its position in shares of Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after purchasing an additional 54,395 shares during the last quarter. KLP Kapitalforvaltning AS increased its position in shares of Intel by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker’s stock valued at $34,920,000 after purchasing an additional 93,900 shares during the last quarter. LBP AM SA increased its position in shares of Intel by 1.8% in the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock valued at $16,460,000 after purchasing an additional 13,248 shares during the last quarter. Lockerman Financial Group Inc. purchased a new stake in shares of Intel in the 2nd quarter valued at approximately $237,000. Finally, IFP Advisors Inc increased its position in shares of Intel by 13.1% in the 2nd quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker’s stock valued at $3,742,000 after purchasing an additional 19,306 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Hsbc Global Res downgraded shares of Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Seaport Res Ptn raised shares of Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Northland Securities upped their target price on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Finally, UBS Group upped their target price on shares of Intel from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $28.54.

Intel Stock Down 0.8%

Shares of NASDAQ:INTC opened at $36.84 on Friday. The stock has a market cap of $161.25 billion, a P/E ratio of -7.72 and a beta of 1.33. The firm has a fifty day moving average price of $28.50 and a 200 day moving average price of $23.62. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $39.65.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The business had revenue of $12.86 billion for 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 firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current year.

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.