Intel Corporation $INTC Stock Position Reduced by Knights of Columbus Asset Advisors LLC

Key Points

• Knights of Columbus Asset Advisors cut its Intel position by 42.7% in the third quarter, selling 29,223 shares and retaining 39,176 shares valued at about $4.71 million.
• Intel CEO Lip-Bu Tan bought 150,000 shares for approximately $9.71 million, increasing his personal stake by 11.41%.
• Analysts’ consensus rating is Hold, with an average price target of $97.42. Intel beat quarterly EPS expectations ($0.52 versus $0.41), while revenue of $16.51 billion fell slightly short of estimates.

Knights of Columbus Asset Advisors LLC lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 42.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,176 shares of the chip maker's stock after selling 29,223 shares during the quarter. Knights of Columbus Asset Advisors LLC's holdings in Intel were worth $4,710,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Southern Financial Group LLC boosted its holdings in Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC grew its position in Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after purchasing an additional 100 shares during the period. TFR Capital LLC. grew its position in Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after purchasing an additional 100 shares during the period. Walker Asset Management LLC raised its stake in shares of Intel by 1.9% during the 3rd quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker's stock valued at $653,000 after buying an additional 100 shares during the last quarter. Finally, Wynn Capital LLC raised its stake in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after buying an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insiders Place Their Bets

In other Intel news, CEO Lip Tan acquired 150,000 shares of the company's stock in a transaction on Monday, November 2nd. The shares were bought at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the acquisition, the chief executive officer owned 1,464,669 shares in the company, valued at approximately $94,808,024.37. This trade represents a 11.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.05% of the company's stock.

Analyst Ratings Changes

INTC has been the subject of several analyst reports. Robert W. Baird set a $83.00 price objective on Intel in a report on Friday, October 30th. DA Davidson dropped their target price on Intel from $100.00 to $70.00 and set a "neutral" rating on the stock in a report on Friday, October 30th. Truist Financial dropped their target price on Intel from $108.00 to $72.00 and set a "hold" rating on the stock in a report on Friday, October 30th. Evercore reiterated an "outperform" rating and set a $133.00 price target on shares of Intel in a research report on Friday, October 30th. Finally, HSBC reissued a "buy" rating on shares of Intel in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $97.42.

Intel Trading Down 2.1%

Shares of Intel stock opened at $58.13 on Wednesday. The firm has a 50-day simple moving average of $96.72 and a two-hundred day simple moving average of $86.64. The company has a market cap of $308.96 billion, a P/E ratio of -24.12, a price-to-earnings-growth ratio of 6.35 and a beta of 2.42. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.95 and a current ratio of 2.31.

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Altera announced a collaboration focused on edge computing and physical AI industries, extending Intel’s push to develop AI opportunities beyond traditional data centers. Intel, Altera announce collaboration for Edge, Physical AI industries
• Positive Sentiment: RBC says Intel management expects 2027 to be a growth year, with data-center strength potentially more than offsetting PC weakness. This supports the longer-term turnaround case, though it does not remove near-term execution risks. Intel Sees 2027 Growth as Data-Center Strength Offsets PC Weakness, RBC Says
• Neutral Sentiment: CEO Lip-Bu Tan recently bought 150,000 Intel shares, worth about $9.71 million. The insider purchase may signal confidence, but it has not quelled investor concerns about the company’s outlook. CEO Lip-Bu Tan’s 150,000-Share Purchase
• Negative Sentiment: Reports pointed to Intel’s weak fourth-quarter outlook, an expected decline in gross margin, and ongoing PC-market weakness. Hot inflation data and a fading chip rally added pressure to sentiment. Intel Stocks Fall as Chip Rally Fades and PC Slump Clouds Q4
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Intel investors. The announcement may add legal uncertainty, but it does not establish that Intel did anything wrong. Pomerantz Law Firm Investigates Claims on Behalf of Intel Investors

Intel Company Profile

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.

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