Intel Corporation $INTC Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue cut its position in shares of Intel Corporation (NASDAQ:INTC) by 3.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 470,491 shares of the chip maker’s stock after selling 19,220 shares during the period. State of Alaska Department of Revenue’s holdings in Intel were worth $15,784,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of Nova Scotia lifted its position in shares of Intel by 2.3% during the 2nd quarter. Bank of Nova Scotia now owns 2,332,433 shares of the chip maker’s stock valued at $52,246,000 after acquiring an additional 51,383 shares during the period. Norges Bank bought a new stake in Intel in the second quarter valued at $1,579,378,000. Engineers Gate Manager LP raised its holdings in shares of Intel by 91.8% during the second quarter. Engineers Gate Manager LP now owns 765,091 shares of the chip maker’s stock valued at $17,138,000 after purchasing an additional 366,092 shares during the period. Isthmus Partners LLC increased its position in Intel by 100.1% in the 2nd quarter. Isthmus Partners LLC now owns 247,660 shares of the chip maker’s stock valued at $5,548,000 after buying an additional 123,895 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Intel by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock worth $8,644,244,000 after buying an additional 8,513,298 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on INTC. HSBC raised their price objective on Intel from $24.00 to $26.00 in a research note on Friday, October 24th. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research report on Friday, October 24th. Cowen reissued a “hold” rating on shares of Intel in a research report on Friday, October 24th. Bank of America restated an “underperform” rating and set a $34.00 price target on shares of Intel in a research report on Monday, October 13th. Finally, Morgan Stanley boosted their price objective on Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $35.88.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CES product launch: Intel unveiled its Core Ultra Series 3 “Panther Lake” processors built on the company’s 18A process — investors viewed this as proof of manufacturing progress and a meaningful entry into AI/gaming PC markets, which helped drive earlier rallies. Intel stock jumps after unveiling next-gen AI PC processors
• Positive Sentiment: Nvidia partnership / investment: Coverage notes Nvidia’s $5B stake and partnership support Intel’s strategy and boosted sentiment that Intel can play a bigger role in the AI PC ecosystem. That strategic backing has been a key bullish narrative. Intel Panther Lake launch and Nvidia deal push shares higher
• Positive Sentiment: Political endorsement: Public praise from former President Trump for Intel and its CEO lifted sentiment across semiconductors, briefly supporting the stock in premarket action. Such high‑profile endorsements can amplify short‑term buying interest. Semiconductor stocks boosted by Trump praise
• Positive Sentiment: Unusual options activity: Large volumes of call buying and elevated options flows signaled speculative bullish positioning ahead of earnings, which previously pushed the share price higher. Investors purchase high volume of call options on Intel
• Neutral Sentiment: Upcoming earnings: Intel will report Q4 and full‑year 2025 results soon — that event is the immediate catalyst driving volatility as traders position ahead of the print. Expect swings as results and guidance are digested. Intel to report Q4 and FY2025 results
• Neutral Sentiment: Pre‑earnings positioning: Headlines noting the stock “soared” into earnings reflect momentum trading and short‑term positioning rather than a change in fundamentals; that increases risk of pullbacks if results or guidance disappoint. Intel soars ahead of FY25 earnings
• Negative Sentiment: Analyst estimate cuts: Zacks trimmed Q4 and FY2027 EPS estimates for Intel, lowering near‑term profit expectations — a headwind if management doesn’t raise guidance. Zacks lowers Intel EPS estimates (MarketBeat summary)
• Negative Sentiment: Mixed analyst mood and profit‑taking: Despite upgrades from some firms, aggregate brokerage sentiment still includes “reduce”/cautious ratings and investors are locking gains after a strong rally — that combination is pressuring the share price today. Intel receives average recommendation of “Reduce” from brokerages

Intel Price Performance

INTC stock opened at $41.11 on Friday. The firm has a 50 day simple moving average of $37.95 and a two-hundred day simple moving average of $30.97. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market cap of $196.38 billion, a PE ratio of 4,115.12, a P/E/G ratio of 27.13 and a beta of 1.35. Intel Corporation has a one year low of $17.67 and a one year high of $44.57.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same period in the previous year, the business earned ($0.46) earnings per share. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.