MGO One Seven LLC Purchases 22,123 Shares of Intel Corporation $INTC

MGO One Seven LLC boosted its position in Intel Corporation (NASDAQ:INTC) by 30.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,480 shares of the chip maker’s stock after purchasing an additional 22,123 shares during the period. MGO One Seven LLC’s holdings in Intel were worth $11,359,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Primecap Management Co. CA acquired a new stake in shares of Intel during the second quarter valued at about $10,507,291,000. Legal & General Group Plc acquired a new position in shares of Intel in the second quarter valued at approximately $4,096,110,000. Assenagon Asset Management S.A. increased its stake in shares of Intel by 87.1% in the third quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after buying an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board acquired a new position in shares of Intel in the second quarter valued at approximately $1,848,438,000. Finally, Bank of America Corp DE raised its holdings 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 valued at $4,429,673,000 after buying an additional 8,342,514 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

Intel Trading Down 28.6%

Shares of INTC stock opened at $65.76 on Friday. The stock has a market cap of $331.69 billion, a price-to-earnings ratio of -27.29, a PEG ratio of 6.98 and a beta of 2.22. The stock has a 50-day moving average of $101.10 and a 200-day moving average of $86.36. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping 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 4.55% and a negative net margin of 20.09%. The firm’s quarterly revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 earnings per share. On average, equities research analysts forecast that Intel Corporation will post 1.07 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $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. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on INTC shares. Mizuho lifted their target price on shares of Intel from $92.00 to $114.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 6th. Pivotal Research started coverage on shares of Intel in a research report on Tuesday, September 8th. They issued a “buy” rating for the company. Zacks Research upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. Wall Street Zen downgraded shares of Intel from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Cantor Fitzgerald cut their price target on shares of Intel from $125.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average price target of $97.86.

Intel 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.