Valley National Advisers Inc. Sells 908 Shares of Intel Corporation $INTC

Valley National Advisers Inc. cut its stake in Intel Corporation (NASDAQ:INTC) by 28.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,236 shares of the chip maker’s stock after selling 908 shares during the quarter. Valley National Advisers Inc.’s holdings in Intel were worth $50,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Westbourne Investments Inc. raised its position in Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after buying an additional 54,395 shares during the last quarter. LBP AM SA raised its holdings in shares of Intel by 1.8% in the second quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock valued at $16,460,000 after purchasing an additional 13,248 shares during the last quarter. Lockerman Financial Group Inc. purchased a new stake in shares of Intel in the second quarter valued at about $237,000. Swedbank AB lifted its position in shares of Intel by 5.0% during the second quarter. Swedbank AB now owns 9,467,128 shares of the chip maker’s stock valued at $212,064,000 after purchasing an additional 454,234 shares in the last quarter. Finally, Czech National Bank boosted its holdings in Intel by 7.2% during the second quarter. Czech National Bank now owns 1,066,599 shares of the chip maker’s stock worth $23,892,000 after purchasing an additional 72,065 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Roth Capital reiterated a “neutral” rating and set a $30.00 price target on shares of Intel in a report on Thursday, September 18th. Rosenblatt Securities reissued a “sell” rating and issued a $14.00 price objective on shares of Intel in a research report on Friday, July 25th. JPMorgan Chase & Co. reaffirmed a “sell” rating and set a $21.00 target price on shares of Intel in a research report on Friday, September 19th. Finally, Barclays lifted their target price on Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $26.40.

Intel Trading Down 0.7%

Shares of INTC opened at $36.59 on Tuesday. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $38.68. The business has a 50-day moving average of $25.79 and a 200 day moving average of $22.86. The firm has a market cap of $160.15 billion, a P/E ratio of -7.67 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The business had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast 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.