SteelPeak Wealth LLC Sells 26,705 Shares of Intel Corporation $INTC

SteelPeak Wealth LLC trimmed its position in Intel Corporation (NASDAQ:INTC) by 6.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 386,562 shares of the chip maker’s stock after selling 26,705 shares during the quarter. SteelPeak Wealth LLC’s holdings in Intel were worth $12,969,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Intel by 2.3% in the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock worth $8,644,244,000 after acquiring an additional 8,513,298 shares during the period. State Street Corp increased its position in Intel by 1.6% during the 2nd quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock valued at $4,561,035,000 after purchasing an additional 3,168,824 shares during the period. Geode Capital Management LLC raised its holdings in shares of Intel by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock valued at $2,174,854,000 after purchasing an additional 1,760,773 shares in the last quarter. Primecap Management Co. CA lifted its position in shares of Intel by 4.3% in the 2nd quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock worth $1,798,679,000 after purchasing an additional 3,313,890 shares during the period. Finally, Norges Bank bought a new position in shares of Intel during the second quarter valued at approximately $1,579,378,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Cowen reissued a “hold” rating on shares of Intel in a report on Friday, October 24th. New Street Research lifted their price target on Intel from $23.00 to $32.00 in a report on Friday, September 19th. BNP Paribas Exane upped their price objective on Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a research note on Friday, October 24th. Seaport Res Ptn raised Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. lifted their target price on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday, October 24th. Two research 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. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $34.84.

Intel Trading Down 1.1%

Shares of NASDAQ:INTC opened at $36.90 on Friday. The business’s 50-day moving average is $37.92 and its 200 day moving average is $30.30. 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 1 year low of $17.67 and a 1 year high of $44.02. The firm has a market capitalization of $176.27 billion, a P/E ratio of 3,693.69 and a beta of 1.35.

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

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Nvidia bought a large stake in Intel — a $5 billion purchase that investors see as a strategic endorsement and a vote of confidence in Intel’s balance sheet and long-term semiconductor role. This news has supported INTC shares recently. Nvidia buys $5B of INTC
• Positive Sentiment: Analyst/media bullishness around Intel as a contrarian AI and foundry play — several recent pieces argue Intel can win custom AI-foundry work and benefit from future nodes (including 18A/high-NA), giving upside to revenue and margin prospects if execution continues. Fool: Smartest AI stock
• Positive Sentiment: Broader AI adoption remains a secular tailwind — new data show consumers are increasingly starting daily tasks with AI, reinforcing demand for AI-related infrastructure and chips over the medium term. This supports long-term demand assumptions for semiconductor suppliers like Intel. PYMNTS: AI adoption
• Neutral Sentiment: Market breadth/macro moves: U.S. futures and early-2026 market dynamics are influencing chip stocks broadly — some intraday moves reflect sector rotation and macro sentiment rather than company-specific news. Benzinga: Market futures
• Negative Sentiment: Reports that Nvidia has stopped testing Intel’s 18A process (and may not use it for high-end AI training chips) raise doubts about a key foundry win that underpinned some bullish scenarios; that uncertainty likely pressured the stock today. Yahoo: Nvidia snubs 18A
• Negative Sentiment: Short-term sell pressure and profit-taking after the Nvidia stake and a run-up in late December likely contributed to today’s decline; market commentary highlights these factors as reasons for the pullback. AmericanBankingNews: Why INTC down

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.