Intel Corporation $INTC Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its holdings in shares of Intel Corporation (NASDAQ:INTC) by 93.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,000 shares of the chip maker’s stock after selling 139,302 shares during the period. International Assets Investment Management LLC’s holdings in Intel were worth $1,202,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gray Private Wealth LLC raised its holdings in shares of Intel by 5.3% in the third quarter. Gray Private Wealth LLC now owns 2,980 shares of the chip maker’s stock valued at $358,000 after buying an additional 151 shares during the last quarter. Lebenthal Global Advisors LLC lifted its position in Intel by 29.9% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 2,579 shares of the chip maker’s stock worth $310,000 after buying an additional 594 shares in the last quarter. Outlook Wealth Advisors LLC grew its holdings in Intel by 11.6% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 3,159 shares of the chip maker’s stock worth $380,000 after acquiring an additional 329 shares during the last quarter. Parcion Private Wealth LLC grew its holdings in Intel by 13.6% during the 3rd quarter. Parcion Private Wealth LLC now owns 51,679 shares of the chip maker’s stock worth $6,213,000 after acquiring an additional 6,178 shares during the last quarter. Finally, Partners Wealth Management LLC bought a new stake in Intel during the 3rd quarter worth about $2,650,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million through a family trust, increasing its holdings by 11.4%. The purchase may signal confidence, though shares were trading below his purchase price. Details on the CEO’s stock purchase
• Positive Sentiment: Intel’s Data Center and AI revenue rose 78%, its strongest growth in years, highlighting demand in a key business. However, one analysis cautioned that growth was driven largely by pricing and product mix, rather than unit growth. Data-center growth analysis
• Negative Sentiment: Investors remain concerned about Intel’s fourth-quarter outlook: management projected revenue of $15 billion to $16 billion and adjusted EPS of $0.25, while citing PC weakness expected to persist into the first half of 2027. The outlook followed a quarter with revenue growth, but came in below expectations. Report on Intel’s outlook
• Negative Sentiment: Analyst Northland Securities sharply reduced its quarterly and fiscal-year EPS estimates, including cutting its FY2027 forecast from $2.68 to $1.13, reinforcing worries about earnings momentum.
• Negative Sentiment: A bearish Seeking Alpha analysis argued Intel’s foundry business remains loss-making and that external revenue growth may not be sustainable, adding to concerns about the cost and execution risks of the turnaround. Foundry-business analysis
• Negative Sentiment: Competition is another pressure point: AMD reported faster revenue growth and a stronger outlook, raising concerns that Intel may be losing ground in PCs and data-center chips. Comparison of AMD and Intel growth

Insider Buying and Selling

In other Intel news, CEO Lip Tan acquired 150,000 shares of Intel stock in a transaction dated Monday, November 2nd. The stock was bought at an average cost of $64.73 per share, for a total transaction of $9,709,500.00. Following the purchase, the chief executive officer directly owned 1,464,669 shares in the company, valued at approximately $94,808,024.37. This represents a 11.41% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Evercore reissued an “outperform” rating and issued a $133.00 price target on shares of Intel in a report on Friday, October 30th. HSBC restated a “buy” rating on shares of Intel in a research report on Friday, July 24th. DA Davidson cut their price target on Intel from $100.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, October 30th. Wells Fargo & Company reduced their target price on shares of Intel from $120.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Friday, October 30th. Finally, TD Cowen decreased their price objective on Intel from $95.00 to $75.00 and set a “hold” rating for the company in a research note on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus target price of $97.42.

Intel Stock Down 3.8%

Shares of INTC stock opened at $58.27 on Thursday. The firm has a fifty day moving average of $99.38 and a 200-day moving average of $86.53. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35. The company has a market capitalization of $309.71 billion, a price-to-earnings ratio of 65.82, a P/E/G ratio of 6.49 and a beta of 2.42. The company has a quick ratio of 1.86, a current ratio of 2.31 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The company’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 earnings per share. As a group, equities research analysts predict that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

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.