Intel Corporation $INTC Shares Sold by Forum Financial Management LP

Forum Financial Management LP reduced its position in shares of Intel Corporation (NASDAQ:INTC) by 10.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,044 shares of the chip maker’s stock after selling 6,569 shares during the period. Forum Financial Management LP’s holdings in Intel were worth $1,278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Intel by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock valued at $8,570,537,000 after acquiring an additional 8,291,233 shares in the last quarter. Northern Trust Corp increased its position in Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock worth $1,043,975,000 after buying an additional 158,288 shares during the period. Invesco Ltd. increased its position in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock worth $991,316,000 after buying an additional 562,246 shares during the period. Amundi increased its position in Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock worth $849,606,000 after buying an additional 6,829,690 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after buying an additional 1,086,836 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

NASDAQ:INTC opened at $38.16 on Friday. The business’s 50-day moving average price is $30.10 and its 200 day moving average price is $24.19. The firm has a market cap of $167.03 billion, a P/E ratio of -8.00 and a beta of 1.33. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $39.65. 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 (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on INTC shares. Citigroup reaffirmed a “sell” rating and issued a $29.00 target price (up from $24.00) on shares of Intel in a research report on Friday, September 19th. Northland Securities increased their target price on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research report on Friday, September 19th. Bank of America reaffirmed an “underperform” rating and issued a $34.00 target price on shares of Intel in a research report on Monday, October 13th. Finally, HSBC reissued a “reduce” rating and issued a $24.00 price target (up previously from $21.25) on shares of Intel in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $29.26.

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.