Intel Corporation $INTC Position Cut by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its position in shares of Intel Corporation (NASDAQ:INTC) by 7.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 816,854 shares of the chip maker’s stock after selling 63,515 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Intel were worth $98,210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in INTC. ABS Investment Management LLC acquired a new stake in Intel during the 2nd quarter worth $694,101,000. Montgomery Financial Services LLC bought a new position in Intel during the second quarter worth about $26,000. Knuff & Co LLC acquired a new position in Intel in the second quarter valued at about $29,000. Glynn Capital Management LLC acquired a new position in Intel in the second quarter valued at about $29,000. Finally, Pathway Financial Advisers LLC acquired a new position in Intel in the third quarter valued at about $25,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Price Performance

Shares of INTC opened at $56.28 on Friday. The company has a quick ratio of 1.86, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The stock has a market capitalization of $299.13 billion, a P/E ratio of -23.35, a P/E/G ratio of 6.25 and a beta of 2.42. The company has a 50 day moving average of $97.95 and a 200-day moving average of $86.60.

Intel (NASDAQ:INTC) last announced 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. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The business had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. As a group, equities research analysts forecast that Intel Corporation will post 1.04 EPS for the current fiscal year.

Key Intel News

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

Analysts Set New Price Targets

INTC has been the topic of a number of research analyst reports. Rosenblatt Securities dropped their price target on Intel from $80.00 to $70.00 and set a “sell” rating on the stock in a research report on Friday, October 30th. Wells Fargo & Company decreased their price objective on Intel from $120.00 to $80.00 and set an “equal weight” rating for the company in a research report on Friday, October 30th. Pivotal Research assumed coverage on Intel in a research note on Tuesday, September 8th. They set a “buy” rating for the company. Daiwa Securities Group downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, DA Davidson cut their price target on shares of Intel from $100.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $97.42.

Insider Activity at Intel

In related news, CEO Lip Tan acquired 150,000 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was bought at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the acquisition, the chief executive officer directly owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. The trade was a 11.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

Intel Profile