Quintet Private Bank Europe S.A. Sells 44,939 Shares of Intel Corporation $INTC

Quintet Private Bank Europe S.A. lessened its holdings in shares of Intel Corporation (NASDAQ:INTC) by 41.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 63,255 shares of the chip maker’s stock after selling 44,939 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in Intel were worth $2,122,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HFM Investment Advisors LLC purchased a new position in Intel during the 1st quarter valued at $25,000. Global Wealth Strategies & Associates boosted its stake in shares of Intel by 214.5% during the third quarter. Global Wealth Strategies & Associates now owns 1,173 shares of the chip maker’s stock valued at $39,000 after purchasing an additional 800 shares during the period. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in shares of Intel in the second quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Intel in the second quarter worth about $28,000. Finally, Eukles Asset Management increased its position in shares of Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock worth $31,000 after acquiring an additional 500 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Intel from $21.00 to $30.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. Cowen reiterated a “hold” rating on shares of Intel in a research note on Friday, October 24th. Morgan Stanley raised 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. Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Finally, Erste Group Bank raised Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Two research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $34.84.

Intel Trading Down 0.5%

NASDAQ:INTC opened at $37.31 on Wednesday. The company has a market capitalization of $178.23 billion, a P/E ratio of 3,734.73 and a beta of 1.34. 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 $44.02. The firm has a fifty day simple moving average of $38.09 and a 200-day simple moving average of $29.08.

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

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.