Northeast Investment Management Sells 1,050 Shares of Intel Corporation $INTC

Northeast Investment Management decreased its position in Intel Corporation (NASDAQ:INTC) by 3.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,630 shares of the chip maker’s stock after selling 1,050 shares during the quarter. Northeast Investment Management’s holdings in Intel were worth $597,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of INTC. Nuveen LLC bought a new position in shares of Intel in the first quarter valued at approximately $538,430,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Intel in the second quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD raised its position in shares of Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after purchasing an additional 14,901,457 shares during the period. Goldman Sachs Group Inc. increased its position in Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after acquiring an additional 10,719,274 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in Intel by 86.4% during the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after acquiring an additional 10,523,590 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Trading Up 0.5%

Shares of Intel stock opened at $37.01 on Monday. The firm has a market capitalization of $161.99 billion, a PE 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. The company’s fifty day moving average price is $28.85 and its two-hundred day moving average price is $23.74. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $39.65.

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). The business had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Barclays boosted their target price on shares of Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Friday, September 19th. Loop Capital assumed coverage on shares of Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 target price on the stock. Roth Capital reaffirmed a “neutral” rating and set a $30.00 target price on shares of Intel in a research report on Thursday, September 18th. Finally, New Street Research boosted their target price on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus 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.