Axxcess Wealth Management LLC Has $1.72 Million Holdings in Intel Corporation $INTC

Axxcess Wealth Management LLC lifted its holdings in Intel Corporation (NASDAQ:INTC) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,910 shares of the chip maker’s stock after acquiring an additional 863 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Intel were worth $1,723,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. HFM Investment Advisors LLC acquired a new position in shares of Intel in the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in Intel in the first quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Intel in the first quarter worth about $27,000. West Branch Capital LLC acquired a new stake in Intel in the second quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in Intel in the first quarter worth about $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

INTC has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on Intel from $22.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Loop Capital initiated coverage on shares of Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 target price for the company. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Thursday, October 2nd. HSBC reiterated a “reduce” rating and set a $24.00 target price (up previously from $21.25) on shares of Intel in a research report on Tuesday, October 7th. Finally, Northland Securities upped their target price on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $28.25.

Intel Price Performance

INTC opened at $37.15 on Thursday. The stock has a market cap of $162.61 billion, a P/E ratio of -7.79 and a beta of 1.33. 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 12 month low of $17.67 and a 12 month high of $39.65. The company has a fifty day simple moving average of $28.16 and a 200 day simple moving average of $23.52.

Intel (NASDAQ:INTC) last announced its 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 company had revenue of $12.86 billion during 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%.Intel’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Intel 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.