Intel Corporation $INTC Holdings Decreased by Cullinan Associates Inc.

Cullinan Associates Inc. lowered its stake in Intel Corporation (NASDAQ:INTC) by 20.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,964 shares of the chip maker’s stock after selling 10,825 shares during the quarter. Cullinan Associates Inc.’s holdings in Intel were worth $5,045,000 at the end of the most recent quarter.

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

Intel Stock Performance

NASDAQ:INTC opened at $56.28 on Friday. The company has a 50-day moving average of $97.95 and a 200-day moving average of $86.60. The firm has a market cap of $299.13 billion, a price-to-earnings ratio of -23.35, a price-to-earnings-growth ratio of 6.02 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. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The business had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same period in the previous year, the firm earned $0.23 EPS. The business’s revenue for the quarter was up 20.9% on a year-over-year basis. Analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on INTC. Wedbush reiterated a “neutral” rating and set a $98.00 price objective on shares of Intel in a research note on Tuesday, October 27th. Susquehanna cut their target price on Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Roth Capital downgraded Intel from a “buy” rating to a “neutral” rating and cut their target price for the stock from $120.00 to $70.00 in a research report on Friday, October 30th. Freedom Broker lowered Intel from a “buy” rating to a “hold” rating and decreased their price target for the company from $100.00 to $90.00 in a research note on Friday, October 30th. Finally, Wells Fargo & Company lowered their price target on Intel from $120.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Intel currently has a consensus rating of “Hold” and an average price target of $97.42.

More 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

Insider Transactions at Intel

In other Intel news, CEO Lip Tan purchased 150,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were purchased at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the completion of the transaction, the chief executive officer owned 1,464,669 shares in the company, valued at $94,808,024.37. This represents a 11.41% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.05% of the company’s stock.

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