Intel Corporation $INTC Shares Bought by Annex Advisory Services LLC

Key Points

• Annex Advisory Services more than doubled its Intel holdings in the third quarter, adding 7,192 shares to own 13,973 shares valued at approximately $1.68 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly EPS of $0.42, surpassing the $0.21 consensus estimate, while revenue reached $16.13 billion and increased 25.2% year over year. However, the company posted a negative net margin of 19.79%.
• Analyst sentiment remains mixed, with Intel carrying an average “Hold” rating and a $109.06 price target versus its $89.85 opening price. CEO Lip-Bu Tan also purchased nearly $10 million of Intel shares, while competitive, operational and broader semiconductor-market risks continue to weigh on the stock.

Annex Advisory Services LLC boosted its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 106.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,973 shares of the chip maker's stock after acquiring an additional 7,192 shares during the period. Annex Advisory Services LLC's holdings in Intel were worth $1,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State Street Corp lifted its position in shares of Intel by 1.2% during the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock valued at $30,278,720,000 after buying an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel in the 2nd quarter valued at about $10,507,291,000. Bank of America Corp DE boosted 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 valued at $4,429,673,000 after buying an additional 8,342,514 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Intel in the 2nd quarter worth approximately $4,096,110,000. Finally, Assenagon Asset Management S.A. grew its position 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 buying an additional 14,063,302 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

Shares of Intel stock opened at $89.85 on Friday. The firm has a market capitalization of $453.20 billion, a P/E ratio of -42.58, a PEG ratio of 9.57 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 has a 50 day moving average price of $103.05 and a 200 day moving average price of $101.31. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The company 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 last year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel Corporation will post 1.04 EPS for the current year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s history of exceeding earnings estimates and favorable revenue and earnings trends are prompting analysts to argue that the company could deliver another quarterly beat. Will Intel Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Consumer research from LikeFolio indicates improving sentiment toward Intel, suggesting demand for its products remains resilient even as Nvidia introduces competing laptops. Consumer Sentiment Surge Follows Stock Trends
• Positive Sentiment: One prominent analyst sees substantial upside if Intel successfully executes its foundry strategy and wins advanced AI-chip manufacturing business, although that thesis depends on an unproven turnaround. Analyst Says Intel Could Double
• Neutral Sentiment: The administration’s new review of AI risks could lead to future regulation of AI systems and data centers. The report is not an Intel-specific development, but could affect demand for AI infrastructure over time. Trump Task Force Orders Report on AI Dangers
• Negative Sentiment: A broad rotation out of AI and semiconductor stocks is pressuring Intel, AMD and other chipmakers as investors question AI infrastructure valuations, financing conditions and the durability of spending. Rotation Out of AI Chip Stocks Continues
• Negative Sentiment: Investors are also weighing competitive and operational risks: TSMC suggested it could support customers if Intel’s advanced-packaging ramp falls short, while an explosion and fire at Intel’s Kiryat Gat facility in Israel added company-specific uncertainty. Reports of progress by Chinese rival CXMT further intensified concerns about Intel’s competitive position. TSMC Comments on Intel Packaging Ramp

Insider Activity

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

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Seaport Research Partners reiterated a "buy" rating and set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Robert W. Baird increased 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. Stifel Nicolaus lowered their target price on shares of Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research note on Friday, July 24th. Wells Fargo & Company lifted their price target on shares of Intel from $110.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. Finally, Weiss Ratings raised shares of Intel from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $109.06.

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.

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