Intel Corporation $INTC Shares Purchased by Rossby Financial LCC
by Renee Jackson · The Cerbat GemRossby Financial LCC raised its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 44.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,436 shares of the chip maker’s stock after purchasing an additional 752 shares during the period. Rossby Financial LCC’s holdings in Intel were worth $55,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HFM Investment Advisors LLC acquired a new position in Intel during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel in the 1st quarter worth approximately $27,000. West Branch Capital LLC acquired a new stake in shares of Intel in the 2nd quarter worth approximately $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of Intel in the 1st quarter worth approximately $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.
Intel Stock Down 0.5%
INTC stock opened at $41.34 on Thursday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. The firm has a 50 day simple moving average of $31.37 and a 200 day simple moving average of $24.82. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a market cap of $180.95 billion, a PE ratio of 4,138.14 and a beta of 1.33.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the business earned ($0.46) earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. BNP Paribas Exane upped their price target on shares of Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a research note on Friday, October 24th. Wedbush upped their price target on shares of Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Morgan Stanley increased their target price on shares of Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Finally, Citigroup reissued a “sell” rating and set a $29.00 target price (up from $24.00) on shares of Intel in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $33.84.
Read Our Latest Report on Intel
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.
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