BlackBarn Capital Partners LP Invests $12.32 Million in Intel Corporation $INTC

BlackBarn Capital Partners LP purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 550,000 shares of the chip maker’s stock, valued at approximately $12,320,000. Intel makes up approximately 0.7% of BlackBarn Capital Partners LP’s holdings, making the stock its 10th biggest holding.

Several other hedge funds have also recently bought and sold shares of INTC. Norges Bank purchased a new position in Intel during the 2nd quarter valued at about $1,579,378,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Intel during the second quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Intel by 99.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after purchasing an additional 14,901,457 shares during the period. Assenagon Asset Management S.A. grew its position in Intel by 86.4% during the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock valued at $508,593,000 after purchasing an additional 10,523,590 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Intel by 210.9% in the 2nd quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker’s stock valued at $346,230,000 after buying an additional 10,514,007 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

NASDAQ:INTC opened at $37.81 on Friday. The firm has a market capitalization of $180.62 billion, a PE ratio of 3,784.78 and a beta of 1.34. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $44.02. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The firm’s fifty day simple moving average is $38.07 and its 200 day simple moving average is $28.72.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The company had revenue of $13.65 billion during 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 quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, sell-side analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Rosenblatt Securities upped their price target on shares of Intel from $14.00 to $25.00 and gave the stock a “sell” 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. Susquehanna raised their price target on Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note 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. Finally, Truist Financial increased their price objective on Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the company. According to MarketBeat, Intel presently has an average rating of “Reduce” and an average target price of $34.84.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.