Good Life Advisors LLC Has $268,000 Position in Intel Corporation $INTC

Good Life Advisors LLC cut its stake in shares of Intel Corporation (NASDAQ:INTC) by 11.3% during the second quarter, HoldingsChannel.com reports. The firm owned 11,969 shares of the chip maker’s stock after selling 1,521 shares during the period. Good Life Advisors LLC’s holdings in Intel were worth $268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ABN Amro Investment Solutions acquired a new position in Intel in the second quarter worth approximately $1,058,000. Cherokee Insurance Co acquired a new position in shares of Intel during the 2nd quarter worth $426,000. Impax Asset Management Group plc raised its holdings in shares of Intel by 1,058.7% during the 2nd quarter. Impax Asset Management Group plc now owns 325,503 shares of the chip maker’s stock valued at $7,291,000 after purchasing an additional 297,410 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Intel by 5.1% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 663,547 shares of the chip maker’s stock valued at $14,863,000 after purchasing an additional 32,331 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Intel by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock valued at $2,174,854,000 after purchasing an additional 1,760,773 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

INTC has been the topic of several analyst reports. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research report on Thursday, October 2nd. Northland Securities increased their price objective on Intel from $28.00 to $42.00 in a report on Friday, September 19th. BNP Paribas Exane raised their price objective on Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a research note on Friday, October 24th. Loop Capital upped their target price on Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Intel in a report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel has a consensus rating of “Reduce” and a consensus price target of $34.84.

Intel Stock Performance

Shares of NASDAQ INTC opened at $35.52 on Friday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. The company has a market cap of $169.68 billion, a P/E ratio of 3,555.56 and a beta of 1.31. The business’s 50 day moving average is $34.63 and its two-hundred day moving average is $26.34. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. Intel’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts expect 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.