StoneRidge PMG Advisors LLC Makes New $1.37 Million Investment in Intel Corporation $INTC

Key Points

• StoneRidge PMG Advisors opened a $1.37 million Intel position, buying 11,432 shares in the third quarter; the stock now represents about 0.9% of its portfolio.
• CEO Lip-Bu Tan bought 150,000 shares for approximately $9.7 million, increasing his direct holdings by 11.4%.
• Analysts have a consensus Hold rating and an average price target of $97.42. Intel beat quarterly EPS expectations, though revenue came in slightly below estimates.

StoneRidge PMG Advisors LLC acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,432 shares of the chip maker's stock, valued at approximately $1,374,000. Intel comprises approximately 0.9% of StoneRidge PMG Advisors LLC's investment portfolio, making the stock its 24th biggest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Pathway Financial Advisers LLC acquired a new position in shares of Intel during the 3rd quarter worth about $25,000. Montgomery Financial Services LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $26,000. Next Level Wealth Planning LLC bought a new stake in shares of Intel in the 3rd quarter valued at about $28,000. Glynn Capital Management LLC acquired a new stake in shares of Intel in the 2nd quarter valued at approximately $29,000. Finally, Knuff & Co LLC acquired a new stake in shares of Intel in the 2nd quarter valued at approximately $29,000. Institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on INTC shares. Weiss Ratings raised shares of Intel from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday. Citigroup lowered their target price on shares of Intel from $130.00 to $100.00 and set a "buy" rating for the company in a research note on Friday, October 30th. TD Cowen lowered their target price on shares of Intel from $95.00 to $75.00 and set a "hold" rating for the company in a research note on Friday, October 30th. Tigress Financial increased their target price on shares of Intel from $118.00 to $145.00 and gave the stock a "buy" rating in a report on Tuesday, September 15th. Finally, Mizuho lifted their price target on shares of Intel from $92.00 to $114.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $97.42.

Insiders Place Their Bets

In related news, CEO Lip Tan purchased 150,000 shares of Intel stock in a transaction dated Monday, November 2nd. The stock was bought at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the completion of the acquisition, the chief executive officer directly owned 1,464,669 shares of the company's stock, valued at $94,808,024.37. This represents a 11.41% 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 the SEC website. Insiders own 0.05% of the company's stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel joined a broad recovery in semiconductor stocks as investors bought shares after Thursday’s steep AI-related selloff. The rebound lifted the Nasdaq, though worries about interest rates and AI spending persisted. Market and chip-stock rebound
• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million, increasing his direct ownership by 11.4%. The insider purchase may signal confidence, although it does not resolve Intel’s operating challenges. Report on CEO share purchase
• Positive Sentiment: Intel technology is being used in Atsign’s EdgeAI platform, while a separate report highlighted Xeon processors for enterprise AI workloads. These developments support Intel’s effort to build AI-related demand beyond traditional PC chips. Intel EdgeAI and Xeon developments
• Negative Sentiment: The recovery follows pressure from Intel’s fourth-quarter revenue outlook of $15 billion to $16 billion and management’s warning that PC weakness could extend into 2027. A securities law firm has also announced an investigation into potential investor claims; this is an investigation notice, not a finding of wrongdoing. Investigation notice and outlook concerns
• Negative Sentiment: Analyst estimate reductions and ongoing concerns about losses in Intel Foundry add to doubts about earnings momentum and the execution of its turnaround. Analysis of Intel Foundry risks

Intel Stock Performance

NASDAQ:INTC opened at $56.28 on Monday. 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 current ratio of 2.31 and a quick ratio of 1.95. The stock has a market capitalization of $299.13 billion, a PE ratio of -23.35, a price-to-earnings-growth ratio of 6.02 and a beta of 2.42. The business's 50-day simple moving average is $97.95 and its 200-day simple moving average is $86.60.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping 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 business had revenue of $16.51 billion during the quarter, compared to analysts' expectations of $16.56 billion. During the same period in the prior year, the business earned $0.23 EPS. Intel's revenue for the quarter was up 20.9% compared to the same quarter last year. Sell-side analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Intel Profile

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