11,432 Shares of Intel Corporation $INTC Bought by StoneRidge PMG Advisors LLC

StoneRidge PMG Advisors LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,432 shares of the chip maker’s stock, valued at approximately $1,374,000. Intel makes up approximately 0.9% of StoneRidge PMG Advisors LLC’s holdings, making the stock its 24th biggest position.

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

Key Intel News

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

Insiders Place Their Bets

In other news, CEO Lip Tan bought 150,000 shares of the stock in a transaction that occurred 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 completion of the acquisition, the chief executive officer owned 1,464,669 shares in the company, valued at approximately $94,808,024.37. This represents a 11.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Seaport Research Partners lowered shares of Intel from a “buy” rating to a “neutral” rating in a research report on Friday, October 30th. Zacks Research raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. Tigress Financial lifted their price target on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. Rosenblatt Securities cut their price target on shares of Intel from $80.00 to $70.00 and set a “sell” rating on the stock in a research report on Friday, October 30th. Finally, Weiss Ratings raised shares of Intel from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday. Two research 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $97.42.

Intel Price Performance

INTC stock opened at $56.28 on Monday. The company has a market cap of $299.13 billion, a price-to-earnings ratio of -23.35, a P/E/G ratio of 6.02 and a beta of 2.42. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The business has a 50 day moving average price of $97.95 and a two-hundred day moving average price of $86.60. The company has a quick ratio of 1.95, a current ratio of 2.31 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last announced its quarterly earnings data 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. The company had revenue of $16.51 billion for the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The business’s revenue was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 EPS. Analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

Intel Profile