Kanawha Capital Management LLC Sells 8,485 Shares of Intel Corporation $INTC

Kanawha Capital Management LLC trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 20.0% in the second quarter, Holdings Channel.com reports. The firm owned 33,876 shares of the chip maker’s stock after selling 8,485 shares during the quarter. Kanawha Capital Management LLC’s holdings in Intel were worth $759,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Verdence Capital Advisors LLC increased its stake in Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after purchasing an additional 486 shares in the last quarter. Independent Wealth Network Inc. grew its stake in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after acquiring an additional 490 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after acquiring an additional 491 shares in the last quarter. one8zero8 LLC grew its stake in shares of Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after acquiring an additional 500 shares in the last quarter. Finally, Indiana Trust & Investment Management Co grew its stake in shares of Intel by 8.4% during the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after acquiring an additional 500 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Trading Up 0.5%

Shares of Intel stock opened at $37.01 on Friday. The business has a fifty day simple moving average of $28.85 and a two-hundred day simple moving average of $23.72. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65. The company has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33. 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 (NASDAQ:INTC) last announced its quarterly 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 net margin of 38.64% and a negative return on equity of 3.78%. The business 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 business earned $0.02 EPS. The company’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several research reports. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 price target on shares of Intel in a research note on Friday, July 25th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, July 25th. Benchmark raised shares of Intel from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Friday, September 19th. New Street Research increased their price objective on Intel from $23.00 to $32.00 in a report on Friday, September 19th. Finally, TD Cowen increased their price objective on Intel from $20.00 to $35.00 and gave the company a “hold” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $28.54.

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.