Stocks

Intel (NASDAQ:INTC) Shares Up 0.5% - Here's What Happened

Published January 31, 2025

On Friday, shares of Intel Co. (NASDAQ:INTC) saw a modest increase of 0.5%. The stock peaked at $20.33 during the trading day and was last seen at $20.11. During this session, 45,512,562 shares changed hands, representing a 35% drop from the average trading volume of 69,929,914 shares. The stock had ended the previous day at $20.01.

Analyst Ratings Update

In recent news, multiple brokerages have provided updates on Intel's stock. Benchmark maintained a "hold" rating in their report on Friday. Roth Mkm lowered their price target for Intel from $25.00 to $20.00 while holding a "neutral" stance on the stock. Bank of America reiterated an "underperform" rating and set a price target of $21.00 in a report from December 3rd. UBS Group also reduced their price target from $26.00 to $23.00, labeling the stock as "neutral." Stifel Nicolaus adjusted their target from $25.00 to $21.00, retaining a "hold" rating. Overall, five equity research analysts have assigned sell ratings, twenty-seven have a hold rating, and one has issued a buy rating. The average rating, as reported by MarketBeat.com, stands at "hold," with a consensus target price of $26.60.

Recent Performance Metrics

Currently, Intel's financial ratios show a current ratio of 1.31, a quick ratio of 0.97, and a debt-to-equity ratio of 0.44. The stock's fifty-day moving average price is $20.88, while the 200-day moving average is $22.62. Intel's market capitalization is approximately $84.72 billion, with a price-to-earnings ratio of -5.29 and a price-to-earnings-growth ratio of 9.64. The company's beta stands at 1.07, indicating its volatility compared to the market.

Intel released its latest earnings report on January 30th, revealing earnings per share (EPS) of ($0.02), which fell short of analysts' expectations of $0.12 by a difference of ($0.14). The company recorded a negative net margin of 29.42% and a negative return on equity of 1.71%. Forecasts from analysts predict that Intel will post -0.87 EPS for the current fiscal year.

Insider Transactions

In other related news, EVP Michelle Johnston Holthaus sold 25,000 shares of Intel on November 7th, receiving an average price of $26.00. This sale totaled $650,000 and resulted in an 8.38% reduction in her ownership of Intel. After the transaction, she held 273,258 shares, valued at $7,104,708. Currently, insiders own about 0.04% of the company’s stock.

Institutional Investments

In terms of institutional ownership, several hedge funds have recently increased or decreased their holdings in Intel. Sunbelt Securities Inc. boosted its stake by 180.4% during the second quarter, bringing their total to 3,379 shares worth approximately $105,000. Quarry LP established a new position valued at around $81,000, while Strategic Investment Solutions Inc. IL invested approximately $65,000 in a new stake. Sanctuary Advisors LLC acquired $9,265,000 in Intel stocks in the same quarter. Additionally, Newbridge Financial Services Group Inc. increased its stake by 71.0%, now holding 4,642 shares valued at $144,000. Overall, institutional investors and hedge funds control 64.53% of Intel's shares.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells a variety of computing and related products globally. The company's operations are divided into segments, including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. Intel's product portfolio features central processing units (CPUs), system-on-chips (SoCs), and various semiconductor products including graphics processing units (GPUs) and memory storage solutions.

Conclusion

Market analysts and hedge funds have differing opinions on Intel’s future, with some advising caution. Investors may want to consider these insights and ongoing market dynamics before making investment decisions regarding Intel.

For anyone contemplating an investment in Intel, it is crucial to stay updated on stock trends and comparisons with other high-performing stocks in the tech sector.

Intel, Stocks, Market