Quinn Opportunity Partners LLC Takes Position in Intel Corporation $INTC

Quinn Opportunity Partners LLC acquired a new position in Intel Corporation (NASDAQ:INTCFree Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 14,302 shares of the chip maker’s stock, valued at approximately $320,000.

Several other institutional investors also recently added to or reduced their stakes in INTC. Verdence Capital Advisors LLC boosted its position in Intel by 1.1% in the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock valued at $1,037,000 after buying an additional 486 shares during the period. Independent Wealth Network Inc. raised its stake in shares of Intel by 5.2% during the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after acquiring an additional 490 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after purchasing an additional 491 shares during the period. one8zero8 LLC boosted its holdings in shares of Intel by 4.2% in the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after purchasing an additional 500 shares during the period. Finally, Indiana Trust & Investment Management Co grew its stake in Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Up 0.0%

Intel stock opened at $37.89 on Thursday. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48. The business has a fifty day moving average price of $34.19 and a 200-day moving average price of $26.12. 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 stock has a market capitalization of $181.00 billion, a price-to-earnings ratio of 3,792.79 and a beta of 1.31.

Intel (NASDAQ:INTCGet Free Report) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The company 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 0.75% and a net margin of 0.37%.The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

INTC has been the subject of a number of research analyst reports. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a research report on Thursday, October 2nd. New Street Research raised their price target on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a report on Tuesday, October 7th. Cantor Fitzgerald increased their target price on shares of Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, October 20th. Finally, HSBC boosted their price target on shares of Intel from $24.00 to $26.00 in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $34.84.

Read Our Latest Stock Report on INTC

About Intel

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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