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

International Assets Investment Management LLC lessened its position in Intel Corporation (NASDAQ:INTC) by 83.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,121 shares of the chip maker’s stock after selling 125,181 shares during the period. International Assets Investment Management LLC’s holdings in Intel were worth $2,894,000 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 bought a new position in Intel in the 2nd quarter valued at approximately $10,507,291,000. Legal & General Group Plc bought a new stake in Intel during the 2nd quarter worth approximately $4,096,110,000. Assenagon Asset Management S.A. grew its holdings in Intel by 87.1% during the 3rd 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 last quarter. Canada Pension Plan Investment Board bought a new stake in Intel during the 2nd quarter worth approximately $1,848,438,000. Finally, Bank of America Corp DE increased its position 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 acquiring an additional 8,342,514 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel joined a broad recovery in semiconductor stocks as investors bought shares after Thursday’s steep AI-related selloff. The rebound lifted the Nasdaq, though worries about interest rates and AI spending persisted. Market and chip-stock rebound
• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million, increasing his direct ownership by 11.4%. The insider purchase may signal confidence, although it does not resolve Intel’s operating challenges. Report on CEO share purchase
• Positive Sentiment: Intel technology is being used in Atsign’s EdgeAI platform, while a separate report highlighted Xeon processors for enterprise AI workloads. These developments support Intel’s effort to build AI-related demand beyond traditional PC chips. Intel EdgeAI and Xeon developments
• Negative Sentiment: The recovery follows pressure from Intel’s fourth-quarter revenue outlook of $15 billion to $16 billion and management’s warning that PC weakness could extend into 2027. A securities law firm has also announced an investigation into potential investor claims; this is an investigation notice, not a finding of wrongdoing. Investigation notice and outlook concerns
• Negative Sentiment: Analyst estimate reductions and ongoing concerns about losses in Intel Foundry add to doubts about earnings momentum and the execution of its turnaround. Analysis of Intel Foundry risks

Insider Activity

In related news, CEO Lip Tan bought 150,000 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were acquired at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the purchase, the chief executive officer directly owned 1,464,669 shares in the company, valued at $94,808,024.37. The trade was a 11.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by insiders.

Analysts Set New Price Targets

INTC has been the subject of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $100.00 price target on shares of Intel in a research note on Sunday, October 25th. Susquehanna lowered their target price on Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Sanford C. Bernstein raised Intel from a “hold” rating to an “outperform” rating in a report on Monday, October 19th. JPMorgan Chase & Co. cut their target price on Intel from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, October 30th. Finally, National Bank Financial set a $85.00 price target on Intel in a research report on Monday, October 19th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and an average target price of $97.42.

Intel Price Performance

Shares of INTC opened at $56.28 on Friday. Intel Corporation has a 52-week low of $32.89 and a 52-week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.86 and a current ratio of 2.31. The business’s 50 day moving average price is $97.95 and its two-hundred day moving average price is $86.60. The firm has a market cap of $299.13 billion, a PE ratio of -23.35, a price-to-earnings-growth ratio of 6.02 and a beta of 2.42.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. The firm had revenue of $16.51 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 EPS. On average, equities analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

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