My Legacy Advisors LLC Takes Position in Intel Corporation $INTC

My Legacy Advisors LLC bought a new stake in Intel Corporation (NASDAQ:INTC) during the second quarter, HoldingsChannel reports. The firm bought 21,218 shares of the chip maker’s stock, valued at approximately $505,000.

Other institutional investors have also modified their holdings of the company. HFM Investment Advisors LLC acquired a new stake in shares of Intel in the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Intel during the 1st quarter valued at $27,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Intel in the first quarter worth $30,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Intel during the 4th quarter valued at $27,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on INTC shares. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. UBS Group increased their target price on shares of Intel from $25.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday. Stifel Nicolaus upped their price target on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research report on Monday, July 21st. Finally, New Street Research raised their price target on shares of Intel from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $24.27.

Intel Stock Performance

NASDAQ:INTC opened at $29.58 on Friday. The firm has a market capitalization of $129.47 billion, a P/E ratio of -6.20 and a beta of 1.23. The company has a fifty day moving average of $23.29 and a 200-day moving average of $22.00. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $32.38.

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). The firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts anticipate 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.