Intel Corporation $INTC Shares Newly Purchased by Noesis Capital Mangement Corp

Key Points

• Noesis Capital Management acquired 9,556 Intel shares during the third quarter, valued at approximately $1.15 million.
• Institutional interest remains high, with hedge funds and other institutional investors owning 64.53% of Intel’s shares; several major firms, including Assenagon and Bank of America, increased their positions.
• CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, while analysts maintain a consensus “Hold” rating with an average price target of $108.23.

Noesis Capital Mangement Corp acquired a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 9,556 shares of the chip maker's stock, valued at approximately $1,149,000.

Other hedge funds have also recently made changes to their positions in the company. Primecap Management Co. CA purchased a new stake in Intel in the second quarter worth $10,507,291,000. Legal & General Group Plc purchased a new position in Intel during the 2nd quarter valued at $4,096,110,000. Assenagon Asset Management S.A. increased its position in Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker's stock valued at $3,632,722,000 after purchasing an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board purchased a new position in Intel during the 2nd quarter valued at $1,848,438,000. Finally, Bank of America Corp DE raised its holdings in 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 purchasing an additional 8,342,514 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of Intel 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 transaction, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is owned by corporate insiders.

Intel Price Performance

INTC opened at $90.47 on Tuesday. The stock has a fifty day simple moving average of $102.10 and a two-hundred day simple moving average of $85.24. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a market cap of $456.33 billion, a price-to-earnings ratio of -42.88, a price-to-earnings-growth ratio of 9.23 and a beta of 2.22. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Analyst upgrade highlights server CPU shortage. New Street Research upgraded Intel to Buy with a $125 price target, citing tight server-CPU capacity that could improve pricing power and offset weaker PC demand. Intel rises as New Street cites server CPU shortage
• Positive Sentiment: Earnings expectations are improving. RBC said Intel could beat third-quarter estimates and raise guidance, while several previews anticipate strong data-center demand. Intel reports on October 29, and options markets imply a potentially significant post-earnings move. Intel expected to beat Q3 estimates
• Positive Sentiment: AI product expansion supports the turnaround narrative. Intel unveiled its Crescent Island GPU D-series and Xeon rack designs for memory-intensive agentic-AI inference, targeting data-center deployments through open-ecosystem software support. Intel unveils Crescent Island GPU D Series
• Positive Sentiment: Intel agreed to acquire Classiq Technologies to create a full-stack quantum-computing platform, adding a longer-term growth avenue beyond conventional CPUs and AI accelerators. Intel to acquire Classiq Technologies
• Neutral Sentiment: Reports that Intel held discussions with rival AMD fueled speculation about a potential partnership, though no transaction or commercial agreement was announced. Intel stock rises after talks with AMD
• Negative Sentiment: Execution and valuation risks remain substantial. Investors are watching whether server strength translates into sustainable margin expansion, while Intel’s capital-intensive foundry buildout, limited disclosure of customers, intense competition from AMD and Nvidia, and elevated forward valuation could amplify any earnings disappointment. Intel margin test ahead of earnings

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on INTC shares. HSBC reaffirmed a "buy" rating on shares of Intel in a research report on Friday, July 24th. KeyCorp set a $125.00 price target on shares of Intel in a research report on Friday, July 24th. JPMorgan Chase & Co. upgraded shares of Intel from an "underweight" rating to a "neutral" rating and set a $85.00 price target on the stock in a research report on Monday, October 19th. Pivotal Research started coverage on shares of Intel in a research note on Tuesday, September 8th. They issued a "buy" rating for the company. Finally, Piper Sandler assumed coverage on shares of Intel in a report on Wednesday, September 9th. They issued a "neutral" rating and a $110.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Intel has a consensus rating of "Hold" and an average target price of $108.23.

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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