Crossmark Global Holdings Inc. Purchases 5,407 Shares of Intel Corporation $INTC

Crossmark Global Holdings Inc. boosted its position in shares of Intel Corporation (NASDAQ:INTC) by 2.5% in the third quarter, HoldingsChannel reports. The fund owned 220,500 shares of the chip maker’s stock after purchasing an additional 5,407 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Intel were worth $26,511,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of INTC. Southern Financial Group LLC grew its holdings in Intel by 0.6% in the first 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 during the last quarter. Harrell Investment Partners LLC lifted its holdings in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after purchasing an additional 100 shares during the last quarter. TFR Capital LLC. lifted its holdings in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after purchasing an additional 100 shares during the last quarter. Walker Asset Management LLC lifted its holdings 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 valued at $653,000 after purchasing an additional 100 shares during the last quarter. Finally, Wynn Capital LLC boosted its position in shares of Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Up 1.4%

INTC opened at $92.96 on Thursday. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $102.66 and a 200 day moving average price of $102.68. The company has a market cap of $468.89 billion, a PE ratio of -44.06, a price-to-earnings-growth ratio of 9.74 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period last year, the company posted ($0.10) EPS. Intel’s quarterly revenue was up 25.2% compared to the same quarter last year. Sell-side analysts expect that Intel Corporation will post 1.05 earnings per share for the current fiscal year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: AI demand and Musk’s Terafab comments supported the stock. Elon Musk described ambitious plans for Terafab, an AI-chip initiative involving SpaceX, Tesla and Intel. The comments, along with stronger updates from SpaceX and Super Micro Computer, reinforced expectations that AI infrastructure spending remains robust. Intel Stock Rises After Musk’s Cryptic Terafab Comments
• Positive Sentiment: JPMorgan upgraded Intel to Neutral from Underweight. The change reflects improved confidence in management execution and reduces a significant source of analyst pressure. Other commentary argues Intel’s foundry strategy, potential Tesla business and AI-focused products could improve its long-term investment narrative. Intel Stock Notches Up as JPMorgan Changes Its Mind
• Positive Sentiment: Recent operating results were better than expected. Intel’s latest reported quarter included adjusted earnings of $0.42 per share versus a $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. The results provide some evidence that the business transition is gaining traction.
• Neutral Sentiment: Analyst views remain mixed. Susquehanna lowered its price target from $115 to $105 while retaining a Neutral rating, and TD Cowen previously cut its target to $95 with a Hold rating. These targets imply limited-to-moderate upside and signal that execution risks remain material.
• Negative Sentiment: Valuation and technical signals remain concerns. Commentary notes that Intel still trades at a high earnings multiple despite a substantial retreat from its peak. A bearish Wyckoff pattern and continued weakness below its 50-day and 200-day moving averages suggest investors remain cautious.
• Negative Sentiment: Intel’s Ohio fab faces an unfavorable milestone. Delays and uncertainty surrounding the company’s Ohio manufacturing project raise concerns about capital spending, timing and the credibility of its domestic foundry ambitions. Intel Stock Gains Despite Grim Ohio Milestone

Analysts Set New Price Targets

INTC has been the topic of several research analyst reports. KeyCorp set a $125.00 target price on Intel in a research note on Friday, July 24th. Wedbush increased their price target on Intel from $60.00 to $98.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Royal Bank Of Canada started coverage on shares of Intel in a research note on Tuesday, September 8th. They set an “outperform” rating on the stock. HC Wainwright set a $150.00 target price on Intel in a research report on Monday, June 29th. Finally, Robert W. Baird upped their target price on Intel from $75.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $107.73.

Insider Buying and Selling

In other news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.05% of the company’s stock.

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.