Intel Corporation $INTC Stock: Private Advisory Group LLC Increases Holdings

Private Advisory Group LLC raised its holdings in Intel Corporation (NASDAQ:INTC) by 4.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 272,536 shares of the chip maker’s stock after purchasing an additional 12,330 shares during the quarter. Intel accounts for about 1.7% of Private Advisory Group LLC’s holdings, making the stock its 10th biggest position. Private Advisory Group LLC’s holdings in Intel were worth $32,767,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in shares of Intel by 6.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,084,189 shares of the chip maker’s stock worth $368,441,000 after purchasing an additional 199,700 shares in the last quarter. Everest Financial Group LLC increased its holdings in shares of Intel by 22.4% in the 3rd quarter. Everest Financial Group LLC now owns 3,343 shares of the chip maker’s stock valued at $402,000 after purchasing an additional 612 shares in the last quarter. Eurizon Capital SGR S.p.A. increased its holdings in shares of Intel by 1.5% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 4,058,268 shares of the chip maker’s stock valued at $483,197,000 after purchasing an additional 60,325 shares in the last quarter. Nan Fung Trinity HK Ltd. purchased a new position in shares of Intel in the 3rd quarter valued at about $27,316,000. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in shares of Intel in the third quarter valued at about $391,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on INTC shares. Northland Securities set a $93.00 price objective on shares of Intel in a report on Friday, October 30th. KeyCorp dropped their target price on shares of Intel from $155.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, October 30th. Wells Fargo & Company reduced their price target on shares of Intel from $120.00 to $80.00 and set an “equal weight” rating for the company in a research report on Friday, October 30th. DA Davidson reduced their price target on shares of Intel from $100.00 to $70.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Finally, KGI Securities raised Intel from a “neutral” rating to an “outperform” rating and set a $95.00 price target on the stock in a research note on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $96.93.

Insider Buying and Selling

In related news, CEO Lip Tan acquired 150,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was purchased at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the transaction, the chief executive officer owned 1,464,669 shares in the company, valued at $94,808,024.37. This trade represents a 11.41% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.05% of the company’s stock.

Intel Price Performance

Shares of NASDAQ:INTC opened at $61.20 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.95 and a current ratio of 2.31. The business’s fifty day moving average price is $95.61 and its two-hundred day moving average price is $86.83. The stock has a market cap of $325.28 billion, a PE ratio of -25.39, a price-to-earnings-growth ratio of 6.68 and a beta of 2.42. Intel Corporation has a one year low of $32.89 and a one year high of $142.35.

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

Intel News Summary

Investors following INTC have been watching these news items:

• Positive Sentiment: CEO Lip-Bu Tan bought about $9.7 million of Intel shares, a show of confidence in the company after its steep recent decline. Insider purchases can bolster sentiment, though they do not guarantee a turnaround. Intel CEO stock purchase
• Neutral Sentiment: Tan described a potential pullback in the AI boom as “healthy” and urged discipline, comments that support a measured long-term view but may temper expectations for near-term AI-related growth. Intel CEO on the AI boom
• Negative Sentiment: Bank of America lowered its Intel price target from $100 to $80 and kept a neutral rating, signaling reduced expectations. Bank of America price-target change

About Intel

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.