9,987 Shares in Intel Corporation $INTC Bought by Pinkerton Wealth LLC

Pinkerton Wealth LLC purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,987 shares of the chip maker’s stock, valued at approximately $1,201,000.

Several other large investors have also recently modified their holdings of INTC. Vestor Capital LLC purchased a new stake in shares of Intel during the 1st quarter valued at about $9,441,000. World Investment Advisors grew its stake in shares of Intel by 11.2% in the first quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock worth $2,775,000 after acquiring an additional 6,326 shares during the period. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Intel during the second quarter valued at approximately $4,995,000. Western Wealth Management LLC raised its holdings in shares of Intel by 57.7% during the first quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock valued at $937,000 after purchasing an additional 7,764 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Intel by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,493,552 shares of the chip maker’s stock valued at $208,541,000 after purchasing an additional 67,588 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Price Performance

Shares of NASDAQ:INTC opened at $65.76 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.21 and a quick ratio of 1.86. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35. The company has a market capitalization of $331.69 billion, a P/E ratio of -27.29, a P/E/G ratio of 6.85 and a beta of 2.42. The firm’s 50 day simple moving average is $101.10 and its two-hundred day simple moving average is $86.36.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. The firm had revenue of $16.51 billion during the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a negative net margin of 20.09% and a positive return on equity of 4.42%. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 earnings per share. Research analysts expect that Intel Corporation will post 1.07 EPS for the current fiscal year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s third-quarter revenue rose 20.9% year over year to $16.51 billion, while adjusted earnings of $0.52 per share exceeded consensus estimates. Data-center growth and the company’s shipment of products built on its advanced 18A process provide evidence that its turnaround remains possible. INTC Q3 deep dive
• Positive Sentiment: Northland Securities raised its earnings estimates for Intel, and some longer-term commentary points to potential benefits from 18A production and strategic investments by the U.S. government, Nvidia and SoftBank. These factors may attract dip buyers, although they have not offset near-term concerns. Northland Securities boosts earnings estimates
• Neutral Sentiment: The broader technology market is also under pressure, with chip stocks contributing to a sharp Nasdaq selloff and investors reducing exposure to cash-intensive artificial-intelligence investments. This market backdrop is amplifying Intel-specific volatility. Nasdaq tumbles as chip stocks fall
• Negative Sentiment: Intel’s outlook is the principal catalyst for selling. Next-quarter revenue guidance of approximately $15.5 billion was materially below analyst expectations, reflecting weaker PC demand and supply or capacity constraints that could limit the recovery. Analyst warns on Intel capacity woes
• Negative Sentiment: Multiple firms, including Seaport Global, Bank of America, Roth Capital and Freedom Broker, downgraded Intel to neutral or hold, while Citigroup, Cantor Fitzgerald, Susquehanna, Truist and other firms cut price targets. Analysts cited execution risk, capacity missteps and a slowing PC market, reinforcing concerns that the stock may remain “dead money” until planning and production problems improve. Seaport Global downgrades Intel

Wall Street Analyst Weigh In

A number of research firms have commented on INTC. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $100.00 target price on shares of Intel in a research report on Sunday, October 25th. Cantor Fitzgerald lowered their price target on Intel from $125.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday. Weiss Ratings downgraded Intel from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, October 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $100.00 price objective on shares of Intel in a report on Friday. Finally, Morgan Stanley set a $85.00 price objective on Intel in a research report on Monday, October 19th. Two 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 given a Sell rating to the stock. According to MarketBeat, Intel presently has a consensus rating of “Hold” and an average price target of $97.86.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.05% of the company’s stock.

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.