Aspen Investment Management Inc Sells 3,010 Shares of Intel Corporation $INTC

Aspen Investment Management Inc reduced its position in shares of Intel Corporation (NASDAQ:INTC) by 17.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,174 shares of the chip maker’s stock after selling 3,010 shares during the period. Aspen Investment Management Inc’s holdings in Intel were worth $317,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in Intel in the 1st quarter valued at about $25,000. HFM Investment Advisors LLC bought a new position in shares of Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel during the first quarter valued at approximately $27,000. West Branch Capital LLC bought a new stake in Intel during the second quarter worth $28,000. Finally, PrairieView Partners LLC boosted its position in Intel by 77.0% in the first quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after purchasing an additional 608 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on INTC. Citigroup reaffirmed a “sell” rating and set a $29.00 target price (up from $24.00) on shares of Intel in a research report on Friday, September 19th. Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a research report on Tuesday. Rosenblatt Securities increased their target price on shares of Intel from $14.00 to $25.00 and gave the company a “sell” rating in a research report on Friday, October 24th. Finally, Wedbush raised their price target on shares of Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Stock Down 1.1%

Shares of NASDAQ:INTC opened at $34.33 on Wednesday. The firm has a fifty day moving average price of $35.04 and a two-hundred day moving average price of $26.58. The company has a market cap of $163.99 billion, a price-to-earnings ratio of 3,436.44 and a beta of 1.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a one year low of $17.67 and a one year high of $42.48.

Intel (NASDAQ:INTC) last released 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 analysts’ expectations of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts anticipate that Intel Corporation will post -0.11 EPS for the current fiscal year.

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.