Plimoth Trust Co. LLC grew its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 130.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,595 shares of the chip maker’s stock after acquiring an additional 7,700 shares during the quarter. Plimoth Trust Co. LLC’s holdings in Intel were worth $1,635,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Noesis Capital Mangement Corp purchased a new stake in shares of Intel during the third quarter valued at $1,149,000. Deroy & Devereaux Private Investment Counsel Inc. increased its position in shares of Intel by 7.6% in the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 1,780 shares of the chip maker’s stock valued at $214,000 after acquiring an additional 125 shares during the period. Westover Capital Advisors LLC increased its position in shares of Intel by 77.2% in the 3rd quarter. Westover Capital Advisors LLC now owns 5,738 shares of the chip maker’s stock valued at $690,000 after acquiring an additional 2,500 shares during the period. E6 Portfolios LLC raised its stake in Intel by 23.0% in the 3rd quarter. E6 Portfolios LLC now owns 2,650 shares of the chip maker’s stock worth $319,000 after acquiring an additional 495 shares during the last quarter. Finally, Leo Wealth LLC purchased a new position in Intel in the 3rd quarter worth $545,000. 64.53% of the stock is owned by hedge funds and other institutional investors.
Intel Stock Performance
Intel stock opened at $90.47 on Tuesday. The stock has a market cap of $456.33 billion, a price-to-earnings ratio of -42.88, a price-to-earnings-growth ratio of 9.23 and a beta of 2.22. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $102.10 and a 200-day simple moving average of $85.24.
Analysts Set New Price Targets
INTC has been the subject of a number of research reports. The Goldman Sachs Group started coverage on Intel in a research report on Monday, October 19th. They set a “neutral” rating for the company. Morgan Stanley set a $85.00 target price on shares of Intel in a report on Monday, October 19th. Stifel Nicolaus reduced their price target on Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Finally, KeyCorp set a $125.00 target price on Intel in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given 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, the stock currently has a consensus rating of “Hold” and a consensus target price of $108.23.
Read Our Latest Stock Analysis on INTC
Key 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
Insider Buying and Selling at Intel
In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased 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 $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.05% of the company’s stock.
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.
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