Intel Corporation $INTC Stock: WD Rutherford LLC Grows Stake

WD Rutherford LLC raised its position in Intel Corporation (NASDAQ:INTC) by 128.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,731 shares of the chip maker’s stock after buying an additional 15,593 shares during the quarter. WD Rutherford LLC’s holdings in Intel were worth $3,334,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in INTC. Primecap Management Co. CA bought a new stake in shares of Intel in the second quarter valued at about $10,507,291,000. Legal & General Group Plc bought a new position in Intel during the second quarter worth about $4,096,110,000. Assenagon Asset Management S.A. increased its position in Intel by 87.1% during the third quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after acquiring an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board bought a new position in Intel during the second quarter worth about $1,848,438,000. Finally, Bank of America Corp DE raised its stake in Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion, aiming to build a full-stack quantum-computing platform. The deal strengthens Intel’s longer-term positioning in a new growth market, although it also adds execution and investment risk. Intel to buy quantum firm Classiq
• Positive Sentiment: New Street Research upgraded Intel to Buy with a reported $125 target, citing a shortage of server CPUs and improving demand. Wedbush maintained Neutral but raised its target to $98, describing the setup ahead of earnings as balanced with server performance the key issue.
• Positive Sentiment: Several earnings previews point to stronger data-center revenue, AI infrastructure demand, Xeon processor sales, and possible pricing benefits from constrained server-CPU supply. Investors are looking for evidence that server strength can offset weaker PC demand and support margins. Intel Q3 earnings preview
• Positive Sentiment: Intel’s Crescent Island GPU D-series and Xeon-based rack designs target memory-intensive agentic-AI inference, offering a potential avenue for growth beyond traditional CPUs. The company is also benefiting from broader semiconductor-sector momentum and optimism surrounding its turnaround.
• Neutral Sentiment: Intel, along with IBM, Oracle and IonQ, objected to having its shares listed in tokenized form on the proposed OKX-ICE exchange. The move has limited direct financial impact but signals that major issuers want greater control over how their shares are traded. Companies object to tokenized stocks
• Negative Sentiment: Rosenblatt reaffirmed its Sell rating and assigned an $80 price target, well below prevailing levels. The bearish view underscores concerns about Intel’s valuation, profitability, and the difficulty of executing its costly foundry turnaround.
• Negative Sentiment: Nvidia’s emerging Vera CPU business is already shipping to hyperscalers, creating a new competitive threat to Intel in data-center processors. Investors also face elevated volatility, with options markets implying a large move around Thursday’s earnings report.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on INTC. Mizuho boosted their price objective on shares of Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Susquehanna reduced their price target on Intel from $115.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. HSBC restated a “buy” rating on shares of Intel in a research note on Friday, July 24th. Rosenblatt Securities reaffirmed a “sell” rating and issued a $80.00 price objective on shares of Intel in a report on Tuesday. Finally, Roth Capital upped their target price on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus price target of $108.23.

Intel Stock Performance

Shares of INTC stock opened at $93.74 on Wednesday. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The business has a fifty day simple moving average of $101.67 and a 200 day simple moving average of $85.75.

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.