Crew Capital Management Ltd Sells 14,038 Shares of Intel Corporation $INTC

Crew Capital Management Ltd lowered its stake in Intel Corporation (NASDAQ:INTC) by 43.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,222 shares of the chip maker’s stock after selling 14,038 shares during the period. Intel accounts for approximately 1.2% of Crew Capital Management Ltd’s holdings, making the stock its 22nd biggest position. Crew Capital Management Ltd’s holdings in Intel were worth $2,191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. ABS Investment Management LLC acquired a new position in shares of Intel in the 2nd quarter worth $694,101,000. Montgomery Financial Services LLC acquired a new stake in shares of Intel during the second quarter worth $26,000. Knuff & Co LLC purchased a new stake in shares of Intel during the second quarter valued at $29,000. Glynn Capital Management LLC purchased a new stake in shares of Intel during the second quarter valued at $29,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 223 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted earnings of $0.52 per share, above the roughly $0.39–$0.41 consensus, while revenue reached approximately $16.5 billion. Intel Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Data Center and AI revenue surged 78% year over year to $7.3 billion, with operating income from the business roughly tripling. Intel Foundry revenue also increased 58% to $6.7 billion. Intel Server Sales Jump 78%, Q4 Outlook Dims
• Neutral Sentiment: Intel’s planned $2.3 billion acquisition of quantum-computing software company Classiq could broaden its long-term technology portfolio, but the deal adds investment demands while near-term profitability and cash-flow execution remain key investor concerns. Intel Just Made a $2.3 Billion Quantum Buy
• Negative Sentiment: Intel forecast fourth-quarter revenue of $15 billion to $16 billion and adjusted EPS of about $0.25, well below analyst expectations of roughly $17.29 billion in revenue and $0.45 EPS. Intel Shares Tumble on Lower Profit, Weak Guidance
• Negative Sentiment: Management said the PC slowdown is expected to continue at least through the first half of next year. Client Computing and Physical AI revenue fell 5% year over year, and an explosion at an Intel facility in Israel added to near-term operational uncertainty. Intel Forecast Disappoints as PC Weakness Weighs

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

INTC has been the subject of a number of recent analyst reports. DA Davidson increased their price target on Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Wedbush restated a “neutral” rating and set a $98.00 price objective on shares of Intel in a report on Tuesday. Susquehanna reduced their price objective on shares of Intel from $115.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Tigress Financial raised their target price on shares of Intel from $118.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Finally, HSBC reiterated a “buy” rating on shares of Intel in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus price target of $108.23.

Intel Price Performance

INTC opened at $92.07 on Friday. The firm has a market capitalization of $464.40 billion, a P/E ratio of -43.63, a PEG ratio of 10.14 and a beta of 2.22. The stock has a fifty day moving average of $101.63 and a 200-day moving average of $86.25. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The business had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. Intel’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share. Equities analysts forecast that Intel Corporation will post 1.05 EPS for the current fiscal year.

Intel Company Profile

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.