Intel Corporation $INTC Stock Holdings Lowered by Corrado Advisors LLC

Corrado Advisors LLC decreased its stake in Intel Corporation (NASDAQ:INTC) by 28.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,104 shares of the chip maker’s stock after selling 8,520 shares during the quarter. Intel comprises 1.2% of Corrado Advisors LLC’s portfolio, making the stock its 27th biggest holding. Corrado Advisors LLC’s holdings in Intel were worth $2,537,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. ABS Investment Management LLC purchased a new position in Intel during the second quarter worth $694,101,000. Montgomery Financial Services LLC purchased a new stake in shares of Intel in the second quarter valued at $26,000. Knuff & Co LLC purchased a new stake in shares of Intel in the second quarter valued at $29,000. Glynn Capital Management LLC purchased a new stake in shares of Intel in the second quarter valued at $29,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after acquiring an additional 223 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on INTC shares. Susquehanna dropped their price target on shares of Intel from $115.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Wall Street Zen downgraded shares of Intel from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Citigroup initiated coverage on shares of Intel in a research note on Monday, October 19th. They issued an “outperform” rating for the company. Finally, Stifel Nicolaus dropped their target price on Intel from $120.00 to $110.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.23.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel agreed to acquire Classiq, seeking to build a full-stack quantum-computing platform that combines software with its semiconductor expertise. Investors view the deal as a strategic expansion into a potentially significant long-term market, although its commercial payoff is uncertain. Intel to acquire Classiq to build full-stack quantum computing platform
• Positive Sentiment: Options activity indicates traders are positioned for a substantial move following the earnings release, with several reports suggesting a potential upside reaction. Consensus cited in the coverage calls for approximately $16.48 billion in quarterly revenue and $0.40 in adjusted EPS, representing strong year-over-year growth. Intel Q3 earnings options outlook
• Positive Sentiment: Analysts and previews highlighted potential support from AI infrastructure demand, higher data-center revenue, Xeon processors, Core Ultra products, and Intel’s expanded Oracle AI-cloud partnership. Zacks upgraded Intel from “hold” to “strong buy,” while New Street Research also raised its rating to “buy.” Intel stock and Oracle AI partnership
• Neutral Sentiment: Intel’s objection to the proposed OKX-ICE tokenized-stock platform is a corporate and regulatory matter with limited direct effect on earnings or near-term valuation. Intel objects to tokenized stock plan
• Negative Sentiment: The Classiq purchase raises concerns about capital allocation and cash-flow capacity, particularly because quantum computing remains an immature market without clear near-term revenue. Intel quantum acquisition and cash flow concerns
• Negative Sentiment: Competition remains intense: Nvidia is expanding its CPU business, while Intel continues to face margin pressure, elevated costs, China risks, and uncertainty over whether its recovery can be sustained. Rosenblatt reaffirmed a “sell” rating with an $80 price target. Intel turnaround and analyst outlook

Insider Transactions at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Intel Trading Up 1.9%

INTC stock opened at $95.53 on Thursday. The company has a market capitalization of $481.85 billion, a PE ratio of -45.27, a P/E/G ratio of 9.23 and a beta of 2.22. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The firm’s 50-day moving average is $101.65 and its 200 day moving average is $86.02. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel 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.