7,889 Shares in Intel Corporation $INTC Acquired by Tower View Wealth Management LLC

Key Points

• Tower View Wealth Management acquired 7,889 Intel shares worth approximately $948,000 during the third quarter. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly earnings of $0.42 per share and revenue of $16.13 billion, beating analyst expectations; revenue increased 25.2% year over year. CEO Lip-Bu Tan also purchased nearly $10 million of Intel stock.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $108.23. Investors see potential from Intel’s Arizona and Ohio foundry projects, but remain concerned about foundry execution, competition and the company’s weaker earnings outlook.

Tower View Wealth Management LLC acquired a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,889 shares of the chip maker's stock, valued at approximately $948,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in INTC. Financial Life Planners bought a new stake in Intel in the first quarter worth approximately $25,000. Montgomery Financial Services LLC acquired a new position in shares of Intel during the 2nd quarter worth $26,000. Glynn Capital Management LLC bought a new position in shares of Intel during the 2nd quarter valued at $29,000. Knuff & Co LLC bought a new position in shares of Intel during 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 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after purchasing an additional 223 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Stock Performance

NASDAQ:INTC opened at $86.96 on Monday. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The firm has a market cap of $438.63 billion, a price-to-earnings ratio of -41.21, a P/E/G ratio of 9.23 and a beta of 2.22. 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's 50 day moving average is $101.97 and its 200-day moving average is $103.18.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel's revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) earnings per share. Equities analysts anticipate that Intel Corporation will post 1.05 EPS for the current year.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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: 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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on INTC. Sanford C. Bernstein raised shares of Intel from a "hold" rating to an "outperform" rating in a research note on Monday, October 19th. Pivotal Research assumed coverage on shares of Intel in a research report on Tuesday, September 8th. They set a "buy" rating on the stock. HC Wainwright set a $150.00 target price on shares of Intel in a research report on Monday, June 29th. Bank of America cut their target price on Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Finally, Rosenblatt Securities boosted their price target on Intel from $65.00 to $80.00 and gave the stock a "sell" rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $108.23.

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.

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