Intel Corporation (NASDAQ:INTC – Get Free Report) CEO Lip Bu Tan purchased 150,000 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was acquired at an average price of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the acquisition, the chief executive officer directly owned 1,464,669 shares in the company, valued at $94,808,024.37. The trade was a 11.41% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Lip Bu Tan also recently made the following trade(s):
- On Tuesday, August 11th, Lip Bu Tan purchased 105,263 shares of Intel stock. The shares were purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00.
Intel Stock Down 2.8%
Shares of INTC traded down $1.70 during midday trading on Wednesday, reaching $58.85. 118,786,172 shares of the company were exchanged, compared to its average volume of 117,807,656. The stock has a 50-day moving average price of $99.97 and a 200-day moving average price of $86.48. The company has a current ratio of 2.31, a quick ratio of 1.86 and a debt-to-equity ratio of 0.47. The company has a market cap of $312.80 billion, a price-to-earnings ratio of -24.40, a P/E/G ratio of 6.25 and a beta of 2.42. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35.
Intel (NASDAQ:INTC – Get Free Report) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. The company 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 4.70% and a negative net margin of 20.09%. Intel’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 EPS. Research analysts expect that Intel Corporation will post 1.07 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on INTC shares. KGI Securities upgraded Intel from a “neutral” rating to an “outperform” rating and set a $95.00 price target for the company in a research report on Friday, October 30th. National Bank Financial set a $85.00 price objective on shares of Intel in a report on Monday, October 19th. DA Davidson lowered their price objective on Intel from $100.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, October 30th. Evercore reissued an “outperform” rating and issued a $133.00 price objective on shares of Intel in a research note on Friday, October 30th. Finally, Barclays raised shares of Intel from a “hold” rating to an “overweight” rating in a report on Wednesday, September 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $97.42.
Check Out Our Latest Research Report on Intel
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel’s data-center business remains a bright spot: sales reportedly rose 78%, and the segment generated more operating profit than the client-computing business. That strength offers some support amid broader weakness. Intel Drops 31% in a Day as Data Center Sales Jump 78%
- Negative Sentiment: The main overhang is Intel’s fourth-quarter revenue outlook of roughly $15 billion to $16 billion, below Wall Street expectations, with PC-market softness weighing on demand. Reports also cite factory and supply issues as pressures on sales and margins. Intel Stock Implodes, Sheds $434 Billion in 4 Months
- Negative Sentiment: Northland Securities sharply lowered its earnings forecasts, cutting its fourth-quarter 2026 estimate from $0.64 to $0.16 per share and its 2027 estimate from $2.68 to $1.13. Such revisions reinforce concerns that recovery may take longer than expected. Intel analyst estimate updates
- Negative Sentiment: AMD’s latest results highlighted a competitive growth gap: its revenue grew 45%, compared with Intel’s 21%, with AI accelerators and server CPUs contributing to AMD’s momentum. This may heighten investor concerns about Intel’s ability to compete in faster-growing markets. AMD Is Growing Twice as Fast as Intel
- Negative Sentiment: A law firm announced an investigation into potential securities claims related to Intel’s outlook. The announcement adds reputational and legal uncertainty, but does not establish that Intel violated securities laws. Investigation Into Securities Claims Involving Intel
Hedge Funds Weigh In On Intel
A number of large investors have recently made changes to their positions in INTC. State Street Corp lifted its holdings in Intel by 1.2% during the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after purchasing an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA acquired a new stake in shares of Intel in the second quarter valued at about $10,507,291,000. Bank of America Corp DE grew its position in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Legal & General Group Plc purchased a new stake in shares of Intel during the second quarter worth about $4,096,110,000. Finally, Assenagon Asset Management S.A. increased its stake in shares of Intel by 87.1% during the third quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after purchasing an additional 14,063,302 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Intel
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
- Washington Made a $2 Billion Quantum Bet, But Can Either ETF Match It?
- Bloom Energy: The Off-Grid Answer to AI’s Power Drain
- Space Race 2.0: Intuitive Machines Secures Another NASA Contract
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.
