Tradition Wealth Management LLC Invests $275,000 in Intel Corporation $INTC

Tradition Wealth Management LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the 1st quarter, Holdings Channel.com reports. The fund bought 12,130 shares of the chip maker’s stock, valued at approximately $275,000.

Several other hedge funds also recently made changes to their positions in INTC. Kerrisdale Advisers LLC increased its holdings in shares of Intel by 291.4% during the fourth quarter. Kerrisdale Advisers LLC now owns 63,550 shares of the chip maker’s stock worth $1,274,000 after purchasing an additional 47,315 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of Intel by 36.6% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,729,698 shares of the chip maker’s stock worth $34,623,000 after acquiring an additional 463,597 shares in the last quarter. Van Den Berg Management I Inc. acquired a new stake in shares of Intel during the 4th quarter worth approximately $4,816,000. Nebula Research & Development LLC acquired a new stake in shares of Intel during the 4th quarter worth approximately $1,253,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Intel during the 4th quarter worth approximately $5,444,000. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

Shares of NASDAQ:INTC opened at $23.50 on Friday. The company has a market cap of $102.86 billion, a price-to-earnings ratio of -4.93 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The firm has a 50 day simple moving average of $22.05 and a 200 day simple moving average of $21.66. Intel Corporation has a one year low of $17.67 and a one year high of $27.55.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on INTC shares. UBS Group increased their price target on shares of Intel from $21.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. Rosenblatt Securities reiterated a “sell” rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. Benchmark reiterated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Seaport Res Ptn upgraded shares of Intel to a “strong sell” rating in a research report on Wednesday, April 30th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Intel in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has an average rating of “Reduce” and a consensus target price of $22.17.

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.