Vestor Capital LLC Acquires 134,411 Shares of Intel Corporation $INTC

Key Points

• Vestor Capital increased its Intel stake by 134,411 shares in the third quarter, a 2,384.9% boost, bringing its holdings to 140,047 shares valued at about $16.8 million.
• Intel CEO Lip-Bu Tan bought 150,000 shares for approximately $9.7 million, increasing his direct stake by 11.41%.
• Analysts’ consensus rating is Hold, with an average price target of $97.42; several firms recently cut their targets or downgraded Intel, despite the company beating quarterly EPS estimates.

Vestor Capital LLC boosted its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 2,384.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,047 shares of the chip maker's stock after buying an additional 134,411 shares during the period. Vestor Capital LLC's holdings in Intel were worth $16,838,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Southern Financial Group LLC increased its holdings in Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock worth $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC increased its stake in Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock valued at $3,250,000 after buying an additional 100 shares during the last quarter. TFR Capital LLC. increased its stake in Intel by 0.4% in the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock valued at $3,720,000 after buying an additional 100 shares during the last quarter. Walker Asset Management LLC lifted its position 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 worth $653,000 after buying an additional 100 shares in the last quarter. Finally, Wynn Capital LLC increased its position in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after acquiring an additional 104 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is collaborating with ZKH’s LingLong Intelligence on an industrial AI model that combines Intel edge processors with industrial data for use in factories and warehouses. The partnership could help Intel grow beyond traditional data-center markets, though the reports provide no near-term revenue estimates. Why Is Intel Pushing Deeper Into Industrial AI With New Edge Tools?
• Neutral Sentiment: Chip shares broadly recovered after a recent selloff, while Nvidia faced reports of a board investigation involving its CEO. That helped keep attention on alternatives such as Intel, but the coverage described Intel as holding steady amid the rival’s decline. NVIDIA Falls as Board Probes CEO; Intel Holds Steady
• Negative Sentiment: Democratic election wins in states with major data-center projects raised investor concerns about tougher AI regulation and constraints on the buildout. That uncertainty has weighed on AI-linked and semiconductor stocks, including Intel. Election Results and the AI Data Center Trade
• Negative Sentiment: Analysts also point to Intel’s weak fourth-quarter earnings outlook and China-related headwinds. Intel’s projected forward earnings multiple is higher than Nvidia’s in one comparison, raising questions about valuation given its ongoing turnaround and money-losing foundry business. Intel Stock Down 57% in the Past 6 Months: Should You Exercise Caution?

Insider Transactions at Intel

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald decreased their target price on Intel from $125.00 to $90.00 and set a "neutral" rating for the company in a research report on Friday, October 30th. UBS Group downgraded shares of Intel from a "buy" rating to a "hold" rating and set a $90.00 target price for the company. in a research report on Friday, October 30th. Bank of America lowered shares of Intel from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $145.00 to $100.00 in a research note on Friday, October 30th. KGI Securities raised Intel from a "neutral" rating to an "outperform" rating and set a $95.00 price objective for the company in a report on Friday, October 30th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a research report on Tuesday, October 27th. Two 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $97.42.

Intel Trading Up 5.5%

Shares of INTC stock opened at $59.37 on Tuesday. The stock has a market capitalization of $315.55 billion, a price-to-earnings ratio of -24.63, a PEG ratio of 6.23 and a beta of 2.42. Intel Corporation has a 1 year low of $32.89 and a 1 year 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 1.86. The company's fifty day simple moving average is $97.35 and its two-hundred day simple moving average is $86.63.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (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 company had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same period in the previous year, the company posted $0.23 EPS. The firm's revenue for the quarter was up 20.9% compared to the same quarter last year. As a group, analysts anticipate that Intel Corporation will post 1.04 earnings per share for the current year.

Intel Profile

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