Thurston Springer Miller Herd & Titak Inc. Cuts Stake in Intel Corporation $INTC

Thurston Springer Miller Herd & Titak Inc. cut its holdings in shares of Intel Corporation (NASDAQ:INTC) by 92.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,589 shares of the chip maker’s stock after selling 20,177 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Intel were worth $53,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of INTC. HFM Investment Advisors LLC bought a new stake in shares of Intel during the 1st quarter valued at about $25,000. West Branch Capital LLC bought a new position in shares of Intel during the second quarter valued at approximately $28,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Intel in the second quarter worth about $28,000. Eukles Asset Management raised its holdings in Intel by 55.6% in the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock worth $31,000 after purchasing an additional 500 shares in the last quarter. Finally, First Pacific Financial boosted its stake in Intel by 111.8% during the second quarter. First Pacific Financial now owns 1,557 shares of the chip maker’s stock worth $35,000 after acquiring an additional 822 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of Intel stock opened at $36.05 on Thursday. The stock’s fifty day moving average price is $38.07 and its 200-day moving average price is $29.13. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $44.02. The firm has a market cap of $172.21 billion, a P/E ratio of 3,608.61 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 (NASDAQ:INTC) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The firm had revenue of $13.65 billion during 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 business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities research analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. KeyCorp reissued a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. Evercore ISI lifted their target price on Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Northland Securities increased their price objective on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. JPMorgan Chase & Co. boosted their price target on Intel from $21.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, October 24th. Finally, DZ Bank reissued a “sell” rating on shares of Intel in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $34.84.

Intel Company 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.