Valley National Advisers Inc. Sells 908 Shares of Intel Corporation $INTC

Valley National Advisers Inc. decreased its stake in shares of Intel Corporation (NASDAQ:INTC) by 28.9% during the second quarter, HoldingsChannel.com reports. The firm owned 2,236 shares of the chip maker’s stock after selling 908 shares during the period. Valley National Advisers Inc.’s holdings in Intel were worth $50,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

INTC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated a “sell” rating and issued a $21.00 target price on shares of Intel in a research note on Friday, September 19th. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a report on Thursday, October 2nd. Stifel Nicolaus raised their target price on shares of Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research note on Monday, July 21st. Barclays lifted their target price on shares of Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Finally, Cantor Fitzgerald increased their price target on shares of Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $26.40.

Intel Trading Down 0.7%

NASDAQ INTC opened at $36.59 on Tuesday. The firm has a market cap of $160.15 billion, a PE ratio of -7.67 and a beta of 1.33. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $38.68. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $22.86. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

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

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.