International Assets Investment Management LLC Sells 139,302 Shares of Intel Corporation $INTC

International Assets Investment Management LLC lessened its position in Intel Corporation (NASDAQ:INTC) by 93.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the chip maker’s stock after selling 139,302 shares during the quarter. International Assets Investment Management LLC’s holdings in Intel were worth $1,202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INTC. Gray Private Wealth LLC boosted its position in shares of Intel by 5.3% in the third quarter. Gray Private Wealth LLC now owns 2,980 shares of the chip maker’s stock valued at $358,000 after acquiring an additional 151 shares during the period. Lebenthal Global Advisors LLC grew its stake in shares of Intel by 29.9% in the third quarter. Lebenthal Global Advisors LLC now owns 2,579 shares of the chip maker’s stock worth $310,000 after acquiring an additional 594 shares during the last quarter. Outlook Wealth Advisors LLC increased its position in Intel by 11.6% during the third quarter. Outlook Wealth Advisors LLC now owns 3,159 shares of the chip maker’s stock worth $380,000 after acquiring an additional 329 shares during the period. Parcion Private Wealth LLC grew its position in Intel by 13.6% during the third quarter. Parcion Private Wealth LLC now owns 51,679 shares of the chip maker’s stock worth $6,213,000 after buying an additional 6,178 shares in the last quarter. Finally, Partners Wealth Management LLC acquired a new stake in shares of Intel during the 3rd quarter worth approximately $2,650,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Price Performance

Shares of INTC stock opened at $58.27 on Thursday. The stock’s fifty day simple moving average is $99.38 and its 200 day simple moving average is $86.53. Intel Corporation has a one year low of $32.89 and a one year high of $142.35. The firm has a market cap of $309.71 billion, a price-to-earnings ratio of 65.82, a P/E/G ratio of 6.49 and a beta of 2.42. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on INTC shares. KeyCorp lowered their price objective on Intel from $155.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Mizuho boosted their price target on shares of Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Seaport Research Partners cut shares of Intel from a “buy” rating to a “neutral” rating in a research note on Friday, October 30th. Finally, Stifel Nicolaus set a $90.00 price objective on shares of Intel in a report on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $97.42.

Insider Activity

In other news, CEO Lip Tan bought 150,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was acquired 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 directly owned 1,464,669 shares of the company’s stock, valued at $94,808,024.37. This trade represents a 11.41% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is owned by company insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million through a family trust, increasing its holdings by 11.4%. The purchase may signal confidence, though shares were trading below his purchase price. Details on the CEO’s stock purchase
• Positive Sentiment: Intel’s Data Center and AI revenue rose 78%, its strongest growth in years, highlighting demand in a key business. However, one analysis cautioned that growth was driven largely by pricing and product mix, rather than unit growth. Data-center growth analysis
• Negative Sentiment: Investors remain concerned about Intel’s fourth-quarter outlook: management projected revenue of $15 billion to $16 billion and adjusted EPS of $0.25, while citing PC weakness expected to persist into the first half of 2027. The outlook followed a quarter with revenue growth, but came in below expectations. Report on Intel’s outlook
• Negative Sentiment: Analyst Northland Securities sharply reduced its quarterly and fiscal-year EPS estimates, including cutting its FY2027 forecast from $2.68 to $1.13, reinforcing worries about earnings momentum.
• Negative Sentiment: A bearish Seeking Alpha analysis argued Intel’s foundry business remains loss-making and that external revenue growth may not be sustainable, adding to concerns about the cost and execution risks of the turnaround. Foundry-business analysis
• Negative Sentiment: Competition is another pressure point: AMD reported faster revenue growth and a stronger outlook, raising concerns that Intel may be losing ground in PCs and data-center chips. Comparison of AMD and Intel growth

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.