General American Investors Co. Inc. Purchases 25,875 Shares of Intel Corporation $INTC

Key Points

• General American Investors opened a position in Intel, buying 25,875 shares worth approximately $3.11 million in the third quarter.
• Intel CEO Lip-Bu Tan purchased 150,000 shares for about $9.7 million, increasing his direct stake by 11.4%; institutional investors collectively own 64.53% of the company.
• Intel beat quarterly EPS expectations ($0.52 versus $0.41), while revenue of $16.51 billion came in slightly below consensus. Analysts’ consensus rating was Hold, with an average price target of $97.42.

General American Investors Co. Inc. purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 25,875 shares of the chip maker's stock, valued at approximately $3,111,000.

Several other institutional investors also recently modified their holdings of INTC. Heritage Family Offices LLP lifted its stake in shares of Intel by 7.2% in the third quarter. Heritage Family Offices LLP now owns 5,567 shares of the chip maker's stock worth $669,000 after acquiring an additional 375 shares during the period. Allegiance Financial Group Advisory Services LLC boosted its holdings in Intel by 45.4% in the third quarter. Allegiance Financial Group Advisory Services LLC now owns 11,533 shares of the chip maker's stock valued at $1,387,000 after acquiring an additional 3,599 shares during the last quarter. Ariose Capital Management Ltd boosted its holdings in Intel by 26.0% in the third quarter. Ariose Capital Management Ltd now owns 9,500 shares of the chip maker's stock valued at $1,142,000 after acquiring an additional 1,958 shares during the last quarter. Alta Advisers Ltd increased its position in Intel by 89.4% during the 3rd quarter. Alta Advisers Ltd now owns 34,328 shares of the chip maker's stock valued at $4,127,000 after purchasing an additional 16,204 shares during the period. Finally, Ullmann Wealth Partners Group LLC increased its position in Intel by 2.8% during the 3rd quarter. Ullmann Wealth Partners Group LLC now owns 7,884 shares of the chip maker's stock valued at $948,000 after purchasing an additional 216 shares during the period. Institutional investors own 64.53% of the company's stock.

Intel Trading Up 7.7%

Shares of Intel stock traded up $4.03 on Friday, hitting $56.28. 173,647,728 shares of the company's stock traded hands, compared to its average volume of 123,848,320. Intel Corporation has a one year low of $32.89 and a one year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86. The company has a fifty day moving average of $97.95 and a two-hundred day moving average of $86.60. The company has a market capitalization of $299.13 billion, a price-to-earnings ratio of -23.35, a price-to-earnings-growth ratio of 6.25 and a beta of 2.42.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. The business had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The firm's revenue for the quarter was up 20.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. As a group, sell-side analysts expect that Intel Corporation will post 1.04 earnings per share for the current year.

Insider Activity

In other Intel news, CEO Lip Tan purchased 150,000 shares of the business's stock in a transaction on Monday, November 2nd. The shares were purchased at an average cost of $64.73 per share, for a total transaction of $9,709,500.00. Following the acquisition, the chief executive officer owned 1,464,669 shares of the company's stock, valued at approximately $94,808,024.37. This represents a 11.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 joined a broad recovery in semiconductor stocks as investors bought shares after Thursday’s steep AI-related selloff. The rebound lifted the Nasdaq, though worries about interest rates and AI spending persisted. Market and chip-stock rebound
• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million, increasing his direct ownership by 11.4%. The insider purchase may signal confidence, although it does not resolve Intel’s operating challenges. Report on CEO share purchase
• Positive Sentiment: Intel technology is being used in Atsign’s EdgeAI platform, while a separate report highlighted Xeon processors for enterprise AI workloads. These developments support Intel’s effort to build AI-related demand beyond traditional PC chips. Intel EdgeAI and Xeon developments
• Negative Sentiment: The recovery follows pressure from Intel’s fourth-quarter revenue outlook of $15 billion to $16 billion and management’s warning that PC weakness could extend into 2027. A securities law firm has also announced an investigation into potential investor claims; this is an investigation notice, not a finding of wrongdoing. Investigation notice and outlook concerns
• Negative Sentiment: Analyst estimate reductions and ongoing concerns about losses in Intel Foundry add to doubts about earnings momentum and the execution of its turnaround. Analysis of Intel Foundry risks

Analysts Set New Price Targets

INTC has been the subject of several analyst reports. KeyCorp lowered their price target on shares of Intel from $155.00 to $140.00 and set an "overweight" rating for the company in a report on Friday, October 30th. Needham & Company LLC restated a "hold" rating on shares of Intel in a research report on Tuesday, October 27th. Daiwa Securities Group lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Rosenblatt Securities decreased their price objective on shares of Intel from $80.00 to $70.00 and set a "sell" rating for the company in a research report on Friday, October 30th. Finally, Wall Street Zen downgraded shares of Intel from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $97.42.

Intel Company Profile

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