Park Avenue Securities LLC lowered its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 5.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 197,700 shares of the chip maker’s stock after selling 10,862 shares during the period. Park Avenue Securities LLC’s holdings in Intel were worth $23,769,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. ABS Investment Management LLC bought a new stake in shares of Intel in the 2nd quarter worth $694,101,000. Montgomery Financial Services LLC purchased a new stake in shares of Intel in the second quarter valued at about $26,000. Knuff & Co LLC bought a new position in shares of Intel during the second quarter valued at about $29,000. Glynn Capital Management LLC bought a new position in shares of Intel during the second quarter valued at about $29,000. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 223 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.
Intel Price Performance
INTC opened at $90.47 on Tuesday. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The firm has a 50-day moving average of $102.10 and a 200 day moving average of $85.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market cap of $456.33 billion, a P/E ratio of -42.88, a PEG ratio of 9.23 and a beta of 2.22.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on INTC shares. KeyCorp set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. JPMorgan Chase & Co. upgraded Intel from an “underweight” rating to a “neutral” rating and set a $85.00 target price on the stock in a research note on Monday, October 19th. Piper Sandler assumed coverage on Intel in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 target price on the stock. Mizuho upped their target price on Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Finally, Tigress Financial increased their price target on Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $108.23.
Check Out Our Latest Stock Report on Intel
More Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Analyst upgrade highlights server CPU shortage. New Street Research upgraded Intel to Buy with a $125 price target, citing tight server-CPU capacity that could improve pricing power and offset weaker PC demand. Intel rises as New Street cites server CPU shortage
- Positive Sentiment: Earnings expectations are improving. RBC said Intel could beat third-quarter estimates and raise guidance, while several previews anticipate strong data-center demand. Intel reports on October 29, and options markets imply a potentially significant post-earnings move. Intel expected to beat Q3 estimates
- Positive Sentiment: AI product expansion supports the turnaround narrative. Intel unveiled its Crescent Island GPU D-series and Xeon rack designs for memory-intensive agentic-AI inference, targeting data-center deployments through open-ecosystem software support. Intel unveils Crescent Island GPU D Series
- Positive Sentiment: Intel agreed to acquire Classiq Technologies to create a full-stack quantum-computing platform, adding a longer-term growth avenue beyond conventional CPUs and AI accelerators. Intel to acquire Classiq Technologies
- Neutral Sentiment: Reports that Intel held discussions with rival AMD fueled speculation about a potential partnership, though no transaction or commercial agreement was announced. Intel stock rises after talks with AMD
- Negative Sentiment: Execution and valuation risks remain substantial. Investors are watching whether server strength translates into sustainable margin expansion, while Intel’s capital-intensive foundry buildout, limited disclosure of customers, intense competition from AMD and Nvidia, and elevated forward valuation could amplify any earnings disappointment. Intel margin test ahead of earnings
Insiders Place Their Bets
In related news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.05% of the stock is currently owned by insiders.
About Intel
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.
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