{
}
FSA Wealth Management LLC, Capital Performance Advisors LLP, and West Financial Advisors LLC recently acquired new positions in Intel, totaling $34,000, $36,000, and $31,000, respectively. Analysts have lowered Intel's price targets, with UBS Group setting it at $23.00, while the stock currently holds a "Reduce" rating among many analysts. Despite a revenue of $13.30 billion for the last quarter, Intel reported a loss of $0.46 per share, missing estimates and reflecting a year-over-year revenue decline of 6.3%.
XTX Topco Ltd increased its Intel shares to 17,959, valued at $556,000, while Frank Rimerman Advisors LLC raised its stake by 1,761.3% to 22,075 shares worth $684,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings by 61.4%, owning 815,377 shares valued at $25.25 million. Despite these investments, analysts maintain a "neutral" rating on Intel, with target prices ranging from $21 to $28.81, following a quarterly earnings miss and a negative net margin of 29.42%.
Dunhill Financial LLC increased its Intel shares by 22.6%, now holding 2,380 shares valued at $56,000. Other firms, including MKT Advisors LLC and Beaton Management Co. Inc., also raised their stakes, contributing to institutional investors owning 64.53% of Intel. Despite a recent stock price increase, analysts maintain a "Hold" rating, with Barclays lowering its price target to $23.00. Intel reported a quarterly loss of $0.46 EPS, missing estimates, while revenue fell 6.3% year-over-year.
Intel CEO Pat Gelsinger is stepping down as the company's efforts to recover from setbacks have faltered, leaving it trailing behind competitors. CFO David Zinsner and Michelle Johnston Holthaus, newly appointed CEO of the product group, will serve as interim co-CEOs while the board seeks a replacement. Frank Yeary will act as interim executive chair.
Michelle Johnston
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
intel sees new institutional investments amid mixed analyst ratings and price targets
09:59 22.01.2025
institutional investors increase stakes in intel amid mixed analyst ratings
19:19 21.01.2025
institutional investors increase stakes in intel amid mixed analyst ratings
Needham & Company LLC
Barclays PLC
Intel Corporation
Truist Financial Corp
Deutsche Bank Aktiengesellschaft
The Goldman Sachs Group, Inc.
USA
Michelle Johnston
Show more
14:24 17.01.2025
intel ceo pat gelsinger departs as turnaround efforts falter
14:41 02.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Central Bank Actions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Finance Mergers & Acquisitions
Inflation and Monetary Impact
Industry Mergers & Acquisitions
Government Economic Policies
CEO Changes
Domestic Politics
Market Analysis and Predictions
Government Policies
Workplace Trends
Supply Chain Management
GDP Growth & Recession Forecasts
Countries:
Companies:
Tesla, Inc.
Apple Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
Credit Suisse Strategic Income I
The Goldman Sachs Group, Inc.
Berkshire Hathaway Inc.
SpaceXCoin USD
Bank of America Corporation
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Lloyds Banking Group plc
NVIDIA Corporation
Jenoptik AG
Bank Frick AG
Air France-KLM
Amazon.com, Inc.
Wells Fargo & Company
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Canadian Dollar
Vietnamese Đồng
South Korean Won
Australian Dollar
Thai Baht
Indonesian Rupiah
Singapore Dollar
Mexican Peso
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
Cambodian Riel
Myanmar Kyat
People: