8,653 Intel Corporation $INTC Shares Acquired by NTV Asset Management LLC

NTV Asset Management LLC grew its position in shares of Intel Corporation (NASDAQ:INTC) by 103.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,029 shares of the chip maker’s stock after purchasing an additional 8,653 shares during the period. NTV Asset Management LLC’s holdings in Intel were worth $2,047,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Evergreen Capital Management LLC boosted its position in shares of Intel by 5.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 48,130 shares of the chip maker’s stock valued at $5,787,000 after acquiring an additional 2,577 shares during the last quarter. Blodgett Wealth Advisors LLC grew its holdings in shares of Intel by 41.2% in the third quarter. Blodgett Wealth Advisors LLC now owns 6,318 shares of the chip maker’s stock valued at $760,000 after purchasing an additional 1,845 shares in the last quarter. Gibbs Wealth Management grew its holdings in shares of Intel by 29.6% in the third quarter. Gibbs Wealth Management now owns 18,810 shares of the chip maker’s stock valued at $2,262,000 after purchasing an additional 4,296 shares in the last quarter. Lantern Wealth Advisors LLC bought a new stake in Intel in the third quarter worth $395,000. Finally, Winthrop Advisory Group LLC increased its position in Intel by 167.3% in the third quarter. Winthrop Advisory Group LLC now owns 10,816 shares of the chip maker’s stock worth $1,300,000 after purchasing an additional 6,770 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Stock Up 1.7%

Shares of INTC opened at $86.96 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business has a fifty day moving average of $101.97 and a 200 day moving average of $102.82. The company has a market cap of $438.63 billion, a PE ratio of -41.21, a P/E/G ratio of 9.23 and a beta of 2.22. Intel Corporation has a 52-week low of $32.89 and a 52-week high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the previous year, the business posted ($0.10) earnings per share. The business’s revenue was up 25.2% compared to the same quarter last year. On average, sell-side analysts expect that Intel Corporation will post 1.05 EPS for the current year.

Insider Activity

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company’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 purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on INTC. UBS Group raised shares of Intel from a “hold” rating to a “buy” rating in a research note on Tuesday, September 8th. Truist Financial lifted their price objective on shares of Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. Pivotal Research assumed coverage on shares of Intel in a report on Tuesday, September 8th. They issued a “buy” rating on the stock. HSBC restated a “buy” rating on shares of Intel in a research report on Friday, July 24th. Finally, Robert W. Baird upped their target price on shares of Intel from $75.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.73.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: The FCC granted Intel a waiver allowing the company to continue using foreign-made robotic devices, easing a potential regulatory and manufacturing constraint. FCC grants Intel waiver for foreign-made robotic devices
• Positive Sentiment: Wedbush identified a potential boost from Intel’s Arizona chip plant, while continued construction progress at the company’s Ohio project reinforced the turnaround narrative and long-term domestic-foundry strategy. Intel Stock Rises as Wedbush Spots a Potential Boost From Arizona Chip Plant
• Positive Sentiment: Investors are positioning for the October 29 quarterly report. Analysts and bullish commentators point to strong server-CPU demand, recent price increases and Intel’s history of exceeding its own forecasts as possible sources of an earnings or guidance beat. Options markets imply a potentially sizable post-earnings move. Prediction: Intel Stock Will Take Off After Oct. 29
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS forecast for Intel to $1.59 from $1.56, above the broader consensus estimate of $1.05, signaling improving expectations for the company’s earnings recovery.
• Neutral Sentiment: The move also reflected a rebound in selected technology shares despite broader market pressure from higher oil prices and concerns about inflation, interest rates and the cost of AI infrastructure. Why are AMD, Intel stocks gaining today?
• Negative Sentiment: Risks remain ahead of earnings: Intel’s third-quarter outlook called for adjusted EPS of $0.38, below the prior quarter’s $0.42, while analysts continue to question whether its foundry operations can achieve competitive yields and scale. Nvidia’s expansion into CPU markets also presents a longer-term competitive threat. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale

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.