83,321 Intel Corporation $INTC Shares Purchased by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. lifted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 31.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350,775 shares of the chip maker’s stock after buying an additional 83,321 shares during the period. Intel makes up 2.1% of China Universal Asset Management Co. Ltd.’s portfolio, making the stock its 9th biggest position. China Universal Asset Management Co. Ltd.’s holdings in Intel were worth $40,868,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Vestor Capital LLC bought a new position in Intel during the first quarter valued at approximately $9,441,000. World Investment Advisors boosted its stake in shares of Intel by 11.2% during the 1st quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock worth $2,775,000 after acquiring an additional 6,326 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in Intel during the second quarter valued at $4,995,000. Western Wealth Management LLC lifted its position in shares of Intel by 57.7% during the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock valued at $937,000 after buying an additional 7,764 shares in the last quarter. Finally, Tcfg Wealth Management LLC purchased a new position in Intel during the first quarter valued at approximately $202,000. 64.53% of the stock is currently owned by institutional investors.

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted earnings of $0.52 per share, above the roughly $0.39–$0.41 consensus, while revenue reached approximately $16.5 billion. Intel Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Data Center and AI revenue surged 78% year over year to $7.3 billion, with operating income from the business roughly tripling. Intel Foundry revenue also increased 58% to $6.7 billion. Intel Server Sales Jump 78%, Q4 Outlook Dims
• Neutral Sentiment: Intel’s planned $2.3 billion acquisition of quantum-computing software company Classiq could broaden its long-term technology portfolio, but the deal adds investment demands while near-term profitability and cash-flow execution remain key investor concerns. Intel Just Made a $2.3 Billion Quantum Buy
• Negative Sentiment: Intel forecast fourth-quarter revenue of $15 billion to $16 billion and adjusted EPS of about $0.25, well below analyst expectations of roughly $17.29 billion in revenue and $0.45 EPS. Intel Shares Tumble on Lower Profit, Weak Guidance
• Negative Sentiment: Management said the PC slowdown is expected to continue at least through the first half of next year. Client Computing and Physical AI revenue fell 5% year over year, and an explosion at an Intel facility in Israel added to near-term operational uncertainty. Intel Forecast Disappoints as PC Weakness Weighs

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on INTC shares. DA Davidson upped their price objective on Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Piper Sandler began coverage on Intel in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 price target for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $100.00 price objective on shares of Intel in a report on Sunday. Pivotal Research began coverage on shares of Intel in a research report on Tuesday, September 8th. They set a “buy” rating on the stock. Finally, Daiwa Securities Group downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $108.23.

Intel Stock Down 3.6%

NASDAQ INTC opened at $92.07 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35. The firm has a market capitalization of $464.40 billion, a price-to-earnings ratio of 154.08, a PEG ratio of 10.14 and a beta of 2.22. The company has a fifty day moving average of $101.63 and a two-hundred day moving average of $86.25.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.11. The business had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 earnings per share. On average, analysts predict that Intel Corporation will post 1.05 earnings per share for the current year.

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.