CWA Asset Management Group LLC Decreases Intel Holdings to $287,000

On January 10, 2025, it was reported that CWA Asset Management Group LLC has reduced its stake in Intel Corporation (NASDAQ:INTC) by 18.0% during the fourth quarter of the previous year. This institutional investor now holds 14,313 shares of Intel after selling 3,148 shares during this period. As of the end of the recent reporting period, CWA Asset Management Group LLC's holdings in Intel are valued at approximately $287,000.

Other institutional investors have also been active with Intel’s shares. For instance, Dunhill Financial LLC increased its position in Intel by 22.6% in the third quarter, bringing its total to 2,380 shares valued at $56,000 after acquiring an additional 438 shares. Similarly, MKT Advisors LLC raised its stake by 4.8%, now holding 10,762 shares worth about $241,000 after purchasing 490 extra shares. Beaton Management Co. Inc. also boosted its stake by 2.2% with 23,208 shares valued at $544,000 after acquiring another 500 shares. Additionally, Everpar Advisors LLC’s holdings increased by 5.1% to 10,326 shares valued at $242,000 following the purchase of 504 shares. Furthermore, Lavaca Capital LLC increased its investment by 4.7%, owning 11,796 shares valued at $365,000 after acquiring 530 more shares. Overall, institutional investors now represent 64.53% of Intel's stock ownership.

Insider Transactions

In related news regarding insider activities, Michelle Johnston Holthaus, an executive vice president at Intel, sold 25,000 shares of the company's stock on November 7, amounting to a total transaction value of $650,000, at an average price of $26.00 per share. Subsequently, she holds 273,258 shares in Intel, approximately worth $7,104,708, indicating an 8.38% decrease in her position. This sale was publicly disclosed through a filing with the Securities and Exchange Commission. Insiders collectively own 0.04% of Intel shares.

Intel Stock Overview

As of January 10, 2025, Intel's stock opened at $19.88. The company's share price has fluctuated with a 12-month low of $18.51 and a high of $50.30. Currently, the stock's fifty-day moving average price stands at $22.12, while the 200-day moving average is at $23.83. Intel's market capitalization is approximately $85.74 billion, and it has a negative P/E ratio of -5.34 with a beta of 1.07. Financial metrics show a current ratio of 1.31, a quick ratio of 0.97, and a debt-to-equity ratio of 0.44.

Intel recently posted its quarterly earnings on October 31, reporting an EPS of ($0.46), which fell short of the consensus estimate of ($0.02) by ($0.44). The company experienced a negative net margin of 29.42% and a negative return on equity of 1.71%. Total revenue for the quarter reached $13.30 billion, slightly exceeding the expected $13.02 billion. In comparison to the same quarter the previous year, Intel's revenue declined by 6.3%, and it is projected that the company will register an EPS of -0.87 for the current fiscal year.

Analyst Ratings and Price Targets

Several research firms have provided updated ratings on Intel. Benchmark has reaffirmed a “hold” rating, while Stifel Nicolaus has also reaffirmed its “hold” rating but reduced the target price from $28.00 to $25.00. The Goldman Sachs Group lowered its price target on Intel from $22.00 to $21.00, categorizing it as a sell. Similarly, Deutsche Bank decreased the price objective from $27.00 to $25.00 while maintaining a hold stance. Mizuho raised its target price from $22.00 to $23.00 and gave a neutral rating. Overall, six equities research analysts have recommended selling the stock, while twenty-five have suggested holding it, and one has given a buy recommendation. Currently, according to MarketBeat, Intel holds an average rating of “Hold” with a target price averaging $30.04.

About Intel Corporation

Intel Corporation is involved in designing, developing, manufacturing, marketing, and selling computing products and related services worldwide. The company operates various segments, including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. Intel's product portfolio features a range of offerings such as central processing units (CPUs), chipsets, mobile and desktop processors, GPUs, accelerators, FPGAs, memory and storage solutions, connectivity and networking products, among others.

CWA, Intel, Stocks