21,947 Shares in Intel Corporation $INTC Bought by Genoa Capital Gestora de Recursos Ltda.

Key Points

• Genoa Capital bought 21,947 Intel shares during the third quarter, valued at approximately $2.64 million. The position represents 0.6% of the fund’s holdings and is its eighth-largest investment.
• Institutional ownership remains substantial at 64.53%, with major investors including Primecap Management, Legal & General, Assenagon Asset Management and Bank of America adding or expanding their positions.
• Intel’s outlook remains mixed: foundry and AI opportunities are supporting the turnaround narrative, while analysts cite execution risks and semiconductor-sector weakness. The stock carries an average “Hold” rating and a consensus price target of $107.98.

Genoa Capital Gestora de Recursos Ltda. purchased a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 21,947 shares of the chip maker's stock, valued at approximately $2,639,000. Intel comprises 0.6% of Genoa Capital Gestora de Recursos Ltda.'s holdings, making the stock its 8th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Primecap Management Co. CA acquired a new stake in shares of Intel during the 2nd quarter valued at $10,507,291,000. Legal & General Group Plc bought a new stake in shares of Intel during the 2nd quarter worth $4,096,110,000. Assenagon Asset Management S.A. grew its holdings in shares of Intel by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker's stock worth $3,632,722,000 after acquiring an additional 14,063,302 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Intel in the 2nd quarter worth $1,848,438,000. Finally, Bank of America Corp DE grew its holdings in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker's stock worth $4,429,673,000 after acquiring an additional 8,342,514 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: JPMorgan removed its bearish rating: JPMorgan upgraded Intel from Underweight to Neutral, saying confidence is building in management execution, manufacturing improvements and chip design. The change helped drive the prior session’s rebound after Intel’s steep decline. Intel Stock Notches Up as JPMorgan Changes Its Mind
• Positive Sentiment: Foundry and AI opportunities provide longer-term support: Intel’s agreement to manufacture Tesla chips using its planned 14A process, along with new products aimed at AI inference and agentic workloads, gives investors more concrete evidence that its costly foundry strategy could attract meaningful customers and demand. Did Foundry Win Just Shift Intel Investment Narrative?
• Neutral Sentiment: Analyst views remain divided: JPMorgan’s upgrade signals a more balanced risk/reward outlook, but its reported $85 target remains below recent trading levels. Investors are likely to focus on Intel’s upcoming quarterly results for evidence that the turnaround is translating into sustainable revenue and profitability.
• Negative Sentiment: TD Cowen cut its target: TD Cowen lowered Intel’s price target from $115 to $95 and maintained a Hold rating, reflecting continued execution risks and limited near-term upside in its view. Intel Price Target Cut
• Negative Sentiment: Semiconductor sentiment has deteriorated: Intel and other chip stocks fell as investors questioned whether the rapid pace of AI infrastructure spending can continue and whether data-center returns will justify elevated capital expenditures. This sector-wide selling is pressuring Intel despite its company-specific catalysts. Why AI Chip Stocks Are Falling
• Negative Sentiment: Competitive risks remain: Chinese memory maker CXMT’s progress toward server memory could intensify competition in areas connected to Intel’s data-center ecosystem, while Intel still faces questions about market share, manufacturing execution and the profitability of its foundry investments. Intel Versus Micron and CXMT Competition

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Weiss Ratings raised Intel from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, October 9th. DA Davidson increased their price target on Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Pivotal Research assumed coverage on Intel in a research report on Tuesday, September 8th. They issued a "buy" rating for the company. Robert W. Baird lifted their price target on Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Finally, The Goldman Sachs Group began coverage on Intel in a report on Monday. They set a "neutral" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twenty-six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has an average rating of "Hold" and an average target price of $107.98.

Intel Trading Down 0.4%

Intel stock opened at $91.69 on Wednesday. The company has a 50 day moving average price of $102.82 and a 200 day moving average price of $102.38. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35. 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 has a market capitalization of $462.48 billion, a price-to-earnings ratio of -43.45, a P/E/G ratio of 9.77 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the previous year, the company posted ($0.10) EPS. The company's quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts forecast that Intel Corporation will post 1.05 EPS for the current year.

Insider Activity at Intel

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 acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by company insiders.

Intel Company 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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