MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 303,109 Shares of Intel Corporation $INTC

by · The Cerbat Gem

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 5.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,928,205 shares of the chip maker’s stock after acquiring an additional 303,109 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Intel were worth $134,630,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of INTC. N.E.W. Advisory Services LLC bought a new stake in Intel during the 1st quarter worth approximately $25,000. Vermillion Wealth Management Inc. bought a new stake in Intel during the 4th quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Intel in the 1st quarter worth $27,000. LFA Lugano Financial Advisors SA bought a new position in shares of Intel in the 1st quarter worth $30,000. Finally, Olde Wealth Management LLC bought a new position in shares of Intel in the 1st quarter worth $31,000. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on INTC. Stifel Nicolaus increased their target price on shares of Intel from $21.00 to $24.50 and gave the company a “hold” rating in a report on Monday, July 21st. UBS Group increased their target price on shares of Intel from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 target price on shares of Intel in a report on Friday, July 25th. Citigroup reissued a “hold” rating on shares of Intel in a research report on Tuesday, July 8th. Finally, Wall Street Zen cut shares of Intel from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. One equities research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $22.17.

View Our Latest Report on INTC

Intel Trading Up 2.5%

NASDAQ:INTC opened at $24.61 on Friday. The company has a 50-day moving average price of $22.67 and a 200-day moving average price of $21.89. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market cap of $107.72 billion, a price-to-earnings ratio of -5.16 and a beta of 1.23.

Intel (NASDAQ:INTC – Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period last year, the business earned $0.02 earnings per share. The company’s revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Intel Company Profile

(Free Report)

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.

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