Intel Corporation $INTC Stock Purchased by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Intel Corporation (NASDAQ:INTC) by 11.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,585,227 shares of the chip maker’s stock after purchasing an additional 656,970 shares during the quarter. Intel accounts for approximately 1.1% of ProShare Advisors LLC’s holdings, making the stock its 13th biggest position. ProShare Advisors LLC owned approximately 0.13% of Intel worth $791,742,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in INTC. ABS Investment Management LLC purchased a new stake in shares of Intel in the second quarter valued at $694,101,000. Montgomery Financial Services LLC acquired a new position in shares of Intel during the second quarter valued at $26,000. Knuff & Co LLC bought a new position in Intel during the second quarter valued at about $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel in the 2nd quarter valued at $29,000. Finally, Beaird Harris Wealth Management LLC raised its holdings 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 worth $32,000 after acquiring an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

INTC has been the topic of several recent research reports. Mizuho lifted their price objective on Intel from $92.00 to $114.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Zacks Research raised Intel from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a report on Tuesday. KeyCorp decreased their price target on shares of Intel from $155.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Daiwa Securities Group downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-seven have assigned a Hold rating and two have issued 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 $97.86.

Intel Stock Down 28.6%

Intel stock opened at $65.76 on Friday. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The firm has a 50 day moving average price of $101.10 and a 200-day moving average price of $86.36. 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 company has a market capitalization of $331.69 billion, a P/E ratio of -27.29, a P/E/G ratio of 6.98 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.55%. The business had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same period last year, the firm posted $0.23 earnings per share. Intel’s quarterly revenue was up 20.9% on a year-over-year basis. As a group, equities analysts predict that Intel Corporation will post 1.07 EPS for the current year.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

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.