Octahedron Capital Management L.P. Sells 192,500 Shares of Intel Corporation $INTC

Octahedron Capital Management L.P. lessened its stake in Intel Corporation (NASDAQ:INTC) by 85.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,500 shares of the chip maker’s stock after selling 192,500 shares during the period. Intel comprises about 0.5% of Octahedron Capital Management L.P.’s portfolio, making the stock its 18th biggest position. Octahedron Capital Management L.P.’s holdings in Intel were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC acquired a new stake in Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new stake in shares of Intel in the 1st quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel during the first quarter worth $27,000. West Branch Capital LLC acquired a new stake in shares of Intel during the second quarter worth $28,000. Finally, PrairieView Partners LLC raised its stake 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. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

NASDAQ INTC opened at $34.33 on Wednesday. The company has a market cap of $163.99 billion, a P/E ratio of 3,436.44 and a beta of 1.31. The company has a fifty day simple moving average of $35.04 and a 200 day simple moving average of $26.58. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $42.48.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

INTC has been the subject of a number of recent analyst reports. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Barclays upped their target price on Intel from $25.00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, October 24th. Wells Fargo & Company lifted their target price on Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Evercore ISI increased their price target on Intel from $23.00 to $41.10 in a report on Friday, October 24th. Finally, Loop Capital lifted their price objective on shares of Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $34.84.

About Intel

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.