Moors & Cabot Inc. reduced its holdings in Intel Corporation (NASDAQ:INTC – Free Report) by 12.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 45,076 shares of the chip maker’s stock after selling 6,324 shares during the quarter. Moors & Cabot Inc.’s holdings in Intel were worth $1,010,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of INTC. N.E.W. Advisory Services LLC acquired a new position in shares of Intel in the 1st quarter valued at $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the first quarter valued at about $27,000. West Branch Capital LLC acquired a new position in Intel in the second quarter valued at about $28,000. Finally, PrairieView Partners LLC boosted its holdings in Intel by 77.0% during the first quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after buying an additional 608 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. New Street Research upped their price target on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Hsbc Global Res downgraded shares of Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Loop Capital increased their target price on shares of Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Finally, Susquehanna raised their price objective on Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $34.84.
Intel Trading Down 3.0%
Shares of NASDAQ:INTC opened at $37.24 on Friday. The firm has a market cap of $163.00 billion, a price-to-earnings ratio of 3,727.73 and a beta of 1.31. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. The company’s fifty day simple moving average is $33.08 and its 200 day simple moving average is $25.58. 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 – Get Free Report) 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 during the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal 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.
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