Octahedron Capital Management L.P. Cuts Stock Holdings in Intel Corporation $INTC

Octahedron Capital Management L.P. cut its position in shares of Intel Corporation (NASDAQ:INTC) by 85.6% during the 2nd quarter, Holdings Channel reports. The firm owned 32,500 shares of the chip maker’s stock after selling 192,500 shares during the quarter. Intel makes up approximately 0.5% of Octahedron Capital Management L.P.’s holdings, making the stock its 18th largest holding. Octahedron Capital Management L.P.’s holdings in Intel were worth $728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Westbourne Investments Inc. raised its stake in shares of Intel by 319.4% in the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after buying an additional 54,395 shares during the period. Pacific Wealth Management bought a new position in shares of Intel during the 2nd quarter worth $1,593,000. Econ Financial Services Corp purchased a new stake in Intel in the 2nd quarter worth about $754,000. Y Intercept Hong Kong Ltd raised its stake in Intel by 6,865.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after acquiring an additional 1,134,895 shares during the period. Finally, First Bancorp Inc ME purchased a new stake in Intel during the second quarter valued at about $207,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Price Performance

Intel stock opened at $34.33 on Wednesday. The stock has a market cap of $163.99 billion, a price-to-earnings ratio of 3,436.44 and a beta of 1.31. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The business has a 50-day simple moving average of $35.04 and a 200 day simple moving average of $26.58. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48.

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

Analyst Ratings Changes

INTC has been the subject of several recent research reports. Rosenblatt Securities lifted their target price on shares of Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a research note on Friday, October 24th. Roth Capital lifted their price objective on shares of Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. HSBC increased their target price on Intel from $24.00 to $26.00 in a research report on Friday, October 24th. JPMorgan Chase & Co. lifted their price target on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Finally, Truist Financial boosted their price objective on Intel from $21.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, Intel presently has an average rating of “Reduce” and an average target price of $34.84.

Intel 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.