Intel Corporation $INTC Stock Sold by Avestar Capital LLC

Avestar Capital LLC lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 18.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,811 shares of the chip maker’s stock after selling 7,761 shares during the quarter. Avestar Capital LLC’s holdings in Intel were worth $4,065,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in INTC. Southern Financial Group LLC increased its holdings in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares in the last quarter. Harrell Investment Partners LLC grew its stake in Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after acquiring an additional 100 shares during the period. TFR Capital LLC. increased its holdings in shares of Intel by 0.4% in the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after purchasing an additional 100 shares during the last quarter. Walker Asset Management LLC increased its stake in Intel by 1.9% during the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker’s stock worth $653,000 after acquiring an additional 100 shares during the last quarter. Finally, Wynn Capital LLC lifted its stake in Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after acquiring an additional 104 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

Insider Activity at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Intel Stock Performance

Intel stock opened at $65.76 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm’s 50 day simple moving average is $101.10 and its 200 day simple moving average is $86.36. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35. The firm has a market capitalization of $331.69 billion, a PE ratio of -27.29, a price-to-earnings-growth ratio of 9.78 and a beta of 2.22.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.11. The business had revenue of $16.51 billion for the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a positive return on equity of 4.55% and a negative net margin of 20.09%. The business’s revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. As a group, analysts expect that Intel Corporation will post 1.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of analyst reports. DA Davidson cut their target price on Intel from $100.00 to $70.00 and set a “neutral” rating for the company in a research note on Friday. Evercore restated an “outperform” rating and issued a $133.00 target price on shares of Intel in a research report on Friday. The Goldman Sachs Group restated a “neutral” rating and issued a $100.00 price objective on shares of Intel in a report on Friday. Susquehanna decreased their price objective on Intel from $105.00 to $75.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Piper Sandler began coverage on shares of Intel in a report on Wednesday, September 9th. They set a “neutral” rating and a $110.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $97.86.

About Intel

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.