Nan Fung Trinity HK Ltd. Makes New $27.32 Million Investment in Intel Corporation $INTC

Key Points

• Nan Fung Trinity HK Ltd. initiated a $27.3 million Intel position, buying 227,200 shares in the third quarter. Intel now represents about 2.6% of its portfolio and is its 16th-largest holding.
• Other institutional investors also increased or opened Intel positions; institutional investors collectively own 64.53% of the company’s shares. CEO Lip-Bu Tan separately bought 150,000 shares for about $9.7 million.
• Intel’s latest quarter beat earnings-per-share estimates ($0.52 versus $0.41), while revenue of $16.51 billion came in slightly below consensus. Analysts’ overall rating is Hold, with a consensus price target of $96.93.

Nan Fung Trinity HK Ltd. bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 227,200 shares of the chip maker's stock, valued at approximately $27,316,000. Intel comprises approximately 2.6% of Nan Fung Trinity HK Ltd.'s investment portfolio, making the stock its 16th largest holding.

Other hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in Intel during the 3rd quarter valued at about $391,000. Endeavor Private Wealth Inc. lifted its holdings in shares of Intel by 12.7% in the third quarter. Endeavor Private Wealth Inc. now owns 1,957 shares of the chip maker's stock valued at $235,000 after purchasing an additional 221 shares in the last quarter. King Luther Capital Management Corp lifted its holdings in shares of Intel by 200.0% in the third quarter. King Luther Capital Management Corp now owns 133,861 shares of the chip maker's stock valued at $16,094,000 after purchasing an additional 89,241 shares in the last quarter. New Mexico Educational Retirement Board lifted its holdings in shares of Intel by 5.5% in the third quarter. New Mexico Educational Retirement Board now owns 246,270 shares of the chip maker's stock valued at $29,609,000 after purchasing an additional 12,800 shares in the last quarter. Finally, CFM Wealth Partners LLC grew its position in shares of Intel by 2.5% in the third quarter. CFM Wealth Partners LLC now owns 16,236 shares of the chip maker's stock valued at $1,952,000 after purchasing an additional 402 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Top Intel Stories

Investors following INTC have been watching these stories:

• Positive Sentiment: CEO Lip-Bu Tan bought about $9.7 million of Intel shares, a show of confidence in the company after its steep recent decline. Insider purchases can bolster sentiment, though they do not guarantee a turnaround. Intel CEO stock purchase
• Neutral Sentiment: Tan described a potential pullback in the AI boom as “healthy” and urged discipline, comments that support a measured long-term view but may temper expectations for near-term AI-related growth. Intel CEO on the AI boom
• Negative Sentiment: A law firm announced an investor-claims investigation, adding a legal-risk headline. Separately, coverage points to PC weakness, cash burn and falling estimates as ongoing challenges despite strong server demand. Investor investigation announcement Intel’s operating challenges

Intel Price Performance

NASDAQ:INTC opened at $61.20 on Friday. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35. The firm has a market cap of $325.28 billion, a price-to-earnings ratio of -25.39, a price-to-earnings-growth ratio of 6.68 and a beta of 2.42. The company's 50-day moving average is $95.61 and its two-hundred day moving average is $86.83. The company has a current ratio of 2.31, a quick ratio of 1.95 and a debt-to-equity ratio of 0.47.

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

Analyst Ratings Changes

INTC has been the subject of a number of recent research reports. Susquehanna dropped their price objective on shares of Intel from $105.00 to $75.00 and set a "neutral" rating for the company in a research note on Friday, October 30th. Tigress Financial upped their target price on Intel from $118.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday, September 15th. Seaport Research Partners lowered Intel from a "buy" rating to a "neutral" rating in a research note on Friday, October 30th. Mizuho increased their target price on Intel from $92.00 to $114.00 and gave the company a "neutral" rating in a report on Tuesday, October 6th. Finally, Wall Street Zen downgraded Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $96.93.

Insider Activity

In other news, CEO Lip Tan bought 150,000 shares of the firm's stock in a transaction that occurred on Monday, November 2nd. The shares were purchased at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the completion of the transaction, the chief executive officer owned 1,464,669 shares in the company, valued at $94,808,024.37. The trade was a 11.41% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.05% of the company's stock.

About Intel

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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