Intel Corporation $INTC Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC cut its stake in Intel Corporation (NASDAQ:INTC) by 33.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,006 shares of the chip maker’s stock after selling 131,958 shares during the period. Cresset Asset Management LLC’s holdings in Intel were worth $5,869,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC bought a new position in Intel during the 1st quarter valued at $25,000. West Branch Capital LLC acquired a new stake in shares of Intel in the second quarter valued at $28,000. Eukles Asset Management boosted its stake in Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. RMG Wealth Management LLC acquired a new position in Intel during the second quarter worth about $36,000. Finally, First Pacific Financial raised its position in Intel by 111.8% in 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. Institutional investors own 64.53% of the company’s stock.

Intel Price Performance

INTC opened at $41.41 on Monday. The firm has a market capitalization of $197.82 billion, a P/E ratio of 4,145.15 and a beta of 1.34. The stock has a fifty day moving average of $37.66 and a 200-day moving average of $28.15. The company has a quick ratio of 1.25, a current ratio of 1.60 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.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion for 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%.Intel’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on INTC. Roth Capital raised their price objective on shares of Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Cowen reissued a “hold” rating on shares of Intel in a research note on Friday, October 24th. BNP Paribas Exane lifted their price target on shares of Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a research report on Friday, October 24th. Evercore ISI upped their price target on Intel from $23.00 to $41.10 in a report on Friday, October 24th. Finally, Hsbc Global Res lowered Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Intel has an average rating of “Reduce” and a consensus price target 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.