Intel Corporation $INTC Stock: Madrona Financial Services LLC Grows Position

Key Points

• Madrona Financial Services increased its Intel position by 356.7% in the third quarter, bringing its holdings to 11,294 shares valued at approximately $1.36 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported quarterly revenue of $16.13 billion, up 25.2% year over year, and earnings of $0.42 per share, beating analyst expectations of $0.21. CEO Lip-Bu Tan also purchased roughly $10 million of Intel stock.
• Analyst sentiment remains cautious, with Intel carrying a consensus “Hold” rating and a $107.73 target price. Investors are weighing potential benefits from its Arizona and Ohio foundry projects against concerns about manufacturing yields, scale, and competition from Nvidia and TSMC.

Madrona Financial Services LLC increased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 356.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,294 shares of the chip maker's stock after purchasing an additional 8,821 shares during the period. Madrona Financial Services LLC's holdings in Intel were worth $1,358,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of INTC. Primecap Management Co. CA acquired a new stake in shares of Intel during the second quarter worth about $10,507,291,000. Legal & General Group Plc purchased a new position in shares of Intel during the second quarter worth about $4,096,110,000. Assenagon Asset Management S.A. grew its holdings in shares of Intel by 87.1% during the third 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. Canada Pension Plan Investment Board acquired a new position in Intel in the 2nd quarter valued at about $1,848,438,000. Finally, Bank of America Corp DE increased its position 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 valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Up 1.7%

INTC stock opened at $86.96 on Friday. Intel Corporation has a one year low of $32.89 and a one year high of $142.35. The stock has a market capitalization of $438.63 billion, a PE ratio of -41.21, a price-to-earnings-growth ratio of 9.23 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company has a fifty day moving average of $101.97 and a 200-day moving average of $102.82.

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

Intel News Summary

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

Insider Transactions at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.05% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. raised Intel from an "underweight" rating to a "neutral" rating and set a $85.00 price objective for the company in a research note on Monday, October 19th. Morgan Stanley set a $85.00 price objective on Intel in a research report on Monday, October 19th. TD Cowen lowered their target price on Intel from $115.00 to $95.00 and set a "hold" rating on the stock in a research note on Monday, October 19th. Wedbush lifted their target price on Intel from $60.00 to $98.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Finally, DA Davidson boosted their target price on Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Intel has an average rating of "Hold" and a consensus target price of $107.73.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.