32,458 Intel Corporation $INTC Shares Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 4.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 736,601 shares of the chip maker’s stock after purchasing an additional 32,458 shares during the period. New York Life Investment Management LLC’s holdings in Intel were worth $88,562,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Cpwa LLC grew its position in Intel by 45.0% in the third quarter. Cpwa LLC now owns 6,490 shares of the chip maker’s stock worth $780,000 after acquiring an additional 2,013 shares in the last quarter. Montis Financial LLC increased its stake in Intel by 9.6% in the third quarter. Montis Financial LLC now owns 3,957 shares of the chip maker’s stock valued at $476,000 after acquiring an additional 348 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc raised its position in Intel by 16.9% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 918,171 shares of the chip maker’s stock valued at $110,392,000 after purchasing an additional 132,613 shares in the last quarter. Texas Bank & Trust Co raised its position in Intel by 12.5% during the third quarter. Texas Bank & Trust Co now owns 11,648 shares of the chip maker’s stock valued at $1,400,000 after purchasing an additional 1,290 shares in the last quarter. Finally, Gryphon Financial Partners LLC raised its position in Intel by 7.2% during the third quarter. Gryphon Financial Partners LLC now owns 13,445 shares of the chip maker’s stock valued at $1,617,000 after purchasing an additional 904 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Lip Tan acquired 150,000 shares of the stock in a transaction dated Monday, November 2nd. The stock was purchased at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the purchase, the chief executive officer owned 1,464,669 shares in the company, valued at approximately $94,808,024.37. The trade was a 11.41% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on INTC shares. HSBC reaffirmed a “buy” rating on shares of Intel in a research note on Friday, July 24th. Zacks Research upgraded Intel from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. The Goldman Sachs Group reissued a “neutral” rating and set a $100.00 price objective on shares of Intel in a report on Friday, October 30th. Freedom Broker downgraded Intel from a “buy” rating to a “hold” rating and dropped their target price for the stock from $100.00 to $90.00 in a research report on Friday, October 30th. Finally, Citigroup dropped their target price on Intel from $130.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has an average rating of “Hold” and an average price target of $97.42.

Intel Stock Down 2.1%

Shares of NASDAQ INTC opened at $58.13 on Wednesday. The firm’s fifty day moving average is $96.72 and its 200 day moving average is $86.64. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35. The company has a quick ratio of 1.95, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. The company has a market cap of $308.96 billion, a price-to-earnings ratio of -24.12, a PEG ratio of 6.35 and a beta of 2.42.

Intel (NASDAQ:INTC) last announced its quarterly 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 during the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The firm’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 EPS. On average, equities research analysts expect that Intel Corporation will post 1.04 earnings per share for the current year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Altera announced a collaboration focused on edge computing and physical AI industries, extending Intel’s push to develop AI opportunities beyond traditional data centers. Intel, Altera announce collaboration for Edge, Physical AI industries
• Positive Sentiment: RBC says Intel management expects 2027 to be a growth year, with data-center strength potentially more than offsetting PC weakness. This supports the longer-term turnaround case, though it does not remove near-term execution risks. Intel Sees 2027 Growth as Data-Center Strength Offsets PC Weakness, RBC Says
• Neutral Sentiment: CEO Lip-Bu Tan recently bought 150,000 Intel shares, worth about $9.71 million. The insider purchase may signal confidence, but it has not quelled investor concerns about the company’s outlook. CEO Lip-Bu Tan’s 150,000-Share Purchase
• Negative Sentiment: Reports pointed to Intel’s weak fourth-quarter outlook, an expected decline in gross margin, and ongoing PC-market weakness. Hot inflation data and a fading chip rally added pressure to sentiment. Intel Stocks Fall as Chip Rally Fades and PC Slump Clouds Q4
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Intel investors. The announcement may add legal uncertainty, but it does not establish that Intel did anything wrong. Pomerantz Law Firm Investigates Claims on Behalf of Intel Investors

Intel Profile

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.