Oppenheimer & Co. Inc. grew its position in Intel Corporation (NASDAQ:INTC – Free Report) by 21.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 146,211 shares of the chip maker’s stock after purchasing an additional 26,151 shares during the period. Oppenheimer & Co. Inc.’s holdings in Intel were worth $17,579,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Center for Financial Planning Inc. increased its stake in shares of Intel by 153.6% in the third quarter. Center for Financial Planning Inc. now owns 3,168 shares of the chip maker’s stock worth $381,000 after acquiring an additional 1,919 shares during the period. Gratus Wealth Advisors LLC acquired a new position in Intel during the third quarter valued at $254,000. Verdence Capital Advisors LLC lifted its position in Intel by 6.8% during the third quarter. Verdence Capital Advisors LLC now owns 60,649 shares of the chip maker’s stock valued at $7,292,000 after purchasing an additional 3,873 shares during the period. National Wealth Management Group LLC lifted its position in Intel by 12.5% during the third quarter. National Wealth Management Group LLC now owns 1,826 shares of the chip maker’s stock valued at $220,000 after purchasing an additional 203 shares during the period. Finally, Maxi Investments CY Ltd boosted its holdings in Intel by 404.8% in the third quarter. Maxi Investments CY Ltd now owns 63,100 shares of the chip maker’s stock valued at $7,587,000 after purchasing an additional 50,600 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.
Intel Stock Up 4.0%
INTC stock opened at $90.47 on Tuesday. The firm has a market cap of $456.33 billion, a PE ratio of -42.88, a P/E/G ratio of 9.23 and a beta of 2.22. 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’s fifty day moving average is $102.10 and its 200 day moving average is $85.24. Intel Corporation has a one year low of $32.89 and a one year high of $142.35.
Insider Buying and Selling at Intel
In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.05% of the company’s stock.
Key Stories Impacting Intel
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
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on INTC shares. Zacks Research downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Daiwa Securities Group downgraded Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Stifel Nicolaus dropped their target price on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Robert W. Baird raised their target price on Intel from $75.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, HSBC reiterated a “buy” rating on shares of Intel in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.23.
Read Our Latest Research Report on Intel
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.
Read More
- Five stocks we like better than Intel
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC – Free Report).
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.
