Intel Corporation $INTC Shares Sold by Auto Owners Insurance Co

Key Points

• Auto Owners Insurance Co sold 436,600 Intel shares in Q3, cutting its stake by 89% to 53,808 shares worth $1.805 million.
• Intel beat quarterly EPS estimates ($0.15 vs. $0.08) but revenue fell 4.2% year‑over‑year to $13.67 billion and guidance/near‑term profitability remain mixed, with analysts holding an average "Reduce" rating and a $45.74 target.
• Shares traded down about 3.7% amid sector rotation and AI competitive pressure from Nvidia, while insider activity was mixed—EVP David Zinsner bought 5,882 shares and EVP Boise April Miller sold 20,000 shares.

Auto Owners Insurance Co lowered its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 89.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,808 shares of the chip maker's stock after selling 436,600 shares during the quarter. Auto Owners Insurance Co's holdings in Intel were worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Intel during the 2nd quarter worth $28,000. Corundum Trust Company INC acquired a new stake in Intel in the 3rd quarter valued at about $29,000. Provenance Wealth Advisors LLC raised its position in Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock valued at $32,000 after purchasing an additional 446 shares in the last quarter. Strengthening Families & Communities LLC purchased a new position in shares of Intel in the 3rd quarter valued at about $33,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Intel during the third quarter worth about $34,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Down 3.7%

Shares of Intel stock opened at $44.06 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.65 and a current ratio of 2.02. The company has a market capitalization of $220.08 billion, a P/E ratio of -550.68, a PEG ratio of 16.96 and a beta of 1.37. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $54.60. The company's fifty day moving average is $46.56 and its two-hundred day moving average is $39.29.

Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, January 22nd. The chip maker reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. The business had revenue of $13.67 billion during the quarter, compared to analysts' expectations of $13.37 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The business's revenue was down 4.2% compared to the same quarter last year. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. Analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Analysts Set New Price Targets

INTC has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Intel in a research note on Friday, January 23rd. Northland Securities set a $54.00 price target on shares of Intel in a report on Friday, January 23rd. Melius Research raised shares of Intel from a "hold" rating to a "buy" rating and set a $50.00 price objective on the stock in a research report on Monday, January 5th. Rosenblatt Securities raised their price objective on shares of Intel from $25.00 to $30.00 and gave the company a "sell" rating in a report on Friday, January 23rd. Finally, Tigress Financial reaffirmed a "buy" rating and set a $66.00 price objective on shares of Intel in a research report on Wednesday, January 28th. Five equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, Intel currently has an average rating of "Reduce" and an average target price of $45.74.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Partnerships and AI infrastructure wins — Intel's Xeon 6 family is tied to NVIDIA DGX Rubin NVL8 systems, a visible AI-infrastructure partnership that supports Intel's role in data‑center AI deployments. Can Intel's Partnership With NVIDIA on Xeon 6 Propel Its Shares?
• Positive Sentiment: New client/consumer product momentum — Intel rolled out Core Ultra 200-series “Plus” chips (290HX/200HX/200S), and OEMs like ASUS ROG are shipping gaming laptops with those CPUs, which supports near‑term PC/gaming revenue upside. Intel Launches Faster Chips For Laptops And Gamers Will Love It
• Neutral Sentiment: Market context — coverage notes the stock fell even as the broader market gained, signaling sector rotation rather than a company‑only story; trading volume today was below the recent average, suggesting some profit‑taking rather than panic selling. Intel (INTC) Stock Sinks As Market Gains: Here's Why
• Negative Sentiment: Nvidia's GTC chip announcements raise competitive risk — Vera CPU and Groq 3 launches position Nvidia (and others) to challenge Intel in AI inference and data‑center CPUs, pressuring Intel's market share narrative and valuation premium. Nvidia (NVDA) Challenges Intel’s CPU Dominance with Vera Processor and Groq 3 Launch at GTC 2026
• Negative Sentiment: Perception gap at GTC — commentary that Intel was "left out" of parts of Nvidia’s GTC CPU roadmap has stoked concerns that Intel may be losing mindshare in the most hyped AI segments. Intel: Left Out Of Nvidia's GTC CPU Roadmap, Left Behind In AI
• Negative Sentiment: Pushback/volatility after recent run — headlines note sharp swings (big intraday spike then pullback) and commentary that shares "plunge" as Intel rolls out many new processors, indicating investors are parsing execution risk and demand sustainability. Intel Stock NASDAQ: INTC Plunges as it Rolls Out More New Processors
• Negative Sentiment: Short‑term fundamentals and guidance remain mixed — recent quarterly results beat EPS estimates but revenue is down year‑over‑year and guidance/consensus outlooks still show near‑term profitability uncertainty, making investors quick to rotate into clearer AI beneficiaries. Why Intel Stock Spiked 7.4% on Monday Then Slumped

Insider Activity at Intel

In related news, EVP David Zinsner acquired 5,882 shares of Intel stock in a transaction on Monday, January 26th. The stock was purchased at an average cost of $42.50 per share, with a total value of $249,985.00. Following the purchase, the executive vice president directly owned 247,392 shares in the company, valued at approximately $10,514,160. The trade was a 2.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Boise April Miller sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the sale, the executive vice president directly owned 113,060 shares of the company's stock, valued at $5,545,593. The trade was a 15.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.04% of the stock is owned by corporate insiders.

Intel Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel's core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel's product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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