Intel Corporation $INTC Stake Boosted by ProShare Advisors LLC

ProShare Advisors LLC increased its holdings in Intel Corporation (NASDAQ:INTC) by 11.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,585,227 shares of the chip maker’s stock after acquiring an additional 656,970 shares during the quarter. Intel accounts for 1.1% of ProShare Advisors LLC’s portfolio, making the stock its 13th largest position. ProShare Advisors LLC’s holdings in Intel were worth $791,742,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vise Technologies Inc. raised its stake in shares of Intel by 34.0% in the third quarter. Vise Technologies Inc. now owns 152,269 shares of the chip maker’s stock worth $18,307,000 after buying an additional 38,656 shares during the period. Investment Partners LTD. lifted its position in shares of Intel by 49.4% during the 3rd quarter. Investment Partners LTD. now owns 13,143 shares of the chip maker’s stock valued at $1,580,000 after buying an additional 4,348 shares in the last quarter. Global Assets Advisory LLC grew its stake in shares of Intel by 33.9% during the 3rd quarter. Global Assets Advisory LLC now owns 6,620 shares of the chip maker’s stock valued at $774,000 after acquiring an additional 1,675 shares during the period. Summit Global Investments grew its stake in shares of Intel by 109.3% during the 3rd quarter. Summit Global Investments now owns 25,916 shares of the chip maker’s stock valued at $3,116,000 after acquiring an additional 13,533 shares during the period. Finally, Opinicus Capital Inc. increased its holdings in Intel by 2.8% in the 3rd quarter. Opinicus Capital Inc. now owns 10,401 shares of the chip maker’s stock worth $1,251,000 after acquiring an additional 280 shares in the last quarter. 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 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

Analyst Ratings Changes

INTC has been the topic of several analyst reports. KeyCorp lowered their price target on shares of Intel from $155.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday. KGI Securities upgraded shares of Intel from a “neutral” rating to an “outperform” rating and set a $95.00 target price on the stock in a research note on Friday. DA Davidson dropped their target price on shares of Intel from $100.00 to $70.00 and set a “neutral” rating for the company in a report on Friday. Wells Fargo & Company cut their price target on Intel from $120.00 to $80.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Daiwa Securities Group cut Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $97.86.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is owned by insiders.

Intel Stock Performance

Shares of INTC stock opened at $65.76 on Friday. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35. The business’s fifty day simple moving average is $101.10 and its 200-day simple moving average is $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. The company has a market cap of $331.69 billion, a PE ratio of -27.29, a PEG ratio of 6.98 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.11. The firm 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 4.55% and a negative net margin of 20.09%. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 EPS. Analysts expect that Intel Corporation will post 1.07 earnings per share 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.