Intel (NASDAQ:INTC) CEO Lip Bu Tan Purchases 150,000 Shares of Company Stock

Intel Corporation (NASDAQ:INTC) CEO Lip Tan bought 150,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were bought 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 in the company, valued at approximately $94,808,024.37. This represents a 11.41% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Lip Bu Tan also recently made the following trade(s):

• On Tuesday, August 11th, Lip Tan bought 105,263 shares of Intel stock. The stock was purchased at an average price of $95.00 per share, with a total value of $9,999,985.00.

Intel Stock Performance

Shares of INTC stock opened at $58.27 on Thursday. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The stock has a market cap of $309.71 billion, a PE ratio of -24.18, a price-to-earnings-growth ratio of 6.49 and a beta of 2.42. The company has a current ratio of 2.31, a quick ratio of 1.86 and a debt-to-equity ratio of 0.47. The company’s fifty day moving average price is $99.38 and its 200-day moving average price is $86.53.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $16.56 billion. During the same quarter in the prior year, the business posted $0.23 EPS. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year. On average, equities analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million through a family trust, increasing its holdings by 11.4%. The purchase may signal confidence, though shares were trading below his purchase price. Details on the CEO’s stock purchase
• Positive Sentiment: Intel’s Data Center and AI revenue rose 78%, its strongest growth in years, highlighting demand in a key business. However, one analysis cautioned that growth was driven largely by pricing and product mix, rather than unit growth. Data-center growth analysis
• Negative Sentiment: Investors remain concerned about Intel’s fourth-quarter outlook: management projected revenue of $15 billion to $16 billion and adjusted EPS of $0.25, while citing PC weakness expected to persist into the first half of 2027. The outlook followed a quarter with revenue growth, but came in below expectations. Report on Intel’s outlook
• Negative Sentiment: Analyst Northland Securities sharply reduced its quarterly and fiscal-year EPS estimates, including cutting its FY2027 forecast from $2.68 to $1.13, reinforcing worries about earnings momentum.
• Negative Sentiment: A bearish Seeking Alpha analysis argued Intel’s foundry business remains loss-making and that external revenue growth may not be sustainable, adding to concerns about the cost and execution risks of the turnaround. Foundry-business analysis
• Negative Sentiment: Competition is another pressure point: AMD reported faster revenue growth and a stronger outlook, raising concerns that Intel may be losing ground in PCs and data-center chips. Comparison of AMD and Intel growth

Hedge Funds Weigh In On Intel

A number of hedge funds have recently modified their holdings of INTC. State Street Corp lifted its position in shares of Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA acquired a new position in shares of Intel during the second quarter valued at about $10,507,291,000. Bank of America Corp DE lifted its stake in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after buying an additional 8,342,514 shares during the period. Legal & General Group Plc bought a new position in Intel during the second quarter valued at about $4,096,110,000. Finally, Assenagon Asset Management S.A. raised its holdings in Intel by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after acquiring an additional 14,063,302 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on INTC. Stifel Nicolaus set a $90.00 price target on Intel in a report on Friday, October 30th. Pivotal Research began coverage on shares of Intel in a research note on Tuesday, September 8th. They set a “buy” rating for the company. Wall Street Zen cut Intel from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Susquehanna cut their price target on Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, October 30th. Finally, National Bank Financial set a $85.00 price objective on shares of Intel in a report on Monday, October 19th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $97.42.

Intel Company Profile

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.