Intel Corporation $INTC Stock Position Increased by CenterBook Partners LP

CenterBook Partners LP increased its position in Intel Corporation (NASDAQ:INTC) by 1,382.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 153,514 shares of the chip maker’s stock after purchasing an additional 143,157 shares during the period. Intel accounts for about 0.8% of CenterBook Partners LP’s holdings, making the stock its 16th biggest holding. CenterBook Partners LP’s holdings in Intel were worth $18,457,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. ABS Investment Management LLC acquired a new position in Intel during the second quarter worth approximately $694,101,000. Montgomery Financial Services LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $26,000. Knuff & Co LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $29,000. Glynn Capital Management LLC purchased a new position in shares of Intel during the second quarter worth approximately $29,000. Finally, Pathway Financial Advisers LLC purchased a new position in shares of Intel during the third quarter worth approximately $25,000. 64.53% of the stock is owned by institutional investors and hedge funds.

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

Intel Price Performance

Shares of INTC traded up $4.03 during mid-day trading on Friday, hitting $56.28. The company’s stock had a trading volume of 173,647,728 shares, compared to its average volume of 123,848,320. 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 firm has a 50-day simple moving average of $97.95 and a 200 day simple moving average of $86.60. The firm has a market capitalization of $299.13 billion, a P/E ratio of -23.35, a P/E/G ratio of 6.25 and a beta of 2.42. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same quarter in the prior year, the company posted $0.23 earnings per share. Intel’s quarterly revenue was up 20.9% on a year-over-year basis. Analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on INTC shares. Stifel Nicolaus set a $90.00 price target on shares of Intel in a research report on Friday, October 30th. HSBC reaffirmed a “buy” rating on shares of Intel in a research report on Friday, July 24th. Sanford C. Bernstein upgraded Intel from a “hold” rating to an “outperform” rating in a research note on Monday, October 19th. KeyCorp dropped their target price on Intel from $155.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, October 30th. Finally, Truist Financial cut their price target on Intel from $108.00 to $72.00 and set a “hold” rating for the company in a research note on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $97.42.

Insider Buying and Selling

In related news, CEO Lip Tan bought 150,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. This trade represents a 11.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.05% of the company’s stock.

Intel Profile