Commonwealth Equity Services LLC Sells 63,515 Shares of Intel Corporation $INTC

Commonwealth Equity Services LLC trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 7.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 816,854 shares of the chip maker’s stock after selling 63,515 shares during the period. Commonwealth Equity Services LLC’s holdings in Intel were worth $98,210,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Pathway Financial Advisers LLC acquired a new stake in shares of Intel during the 3rd quarter worth approximately $25,000. Montgomery Financial Services LLC bought a new position in shares of Intel in the second quarter valued at approximately $26,000. Next Level Wealth Planning LLC bought a new stake in shares of Intel in the 3rd quarter worth $28,000. Glynn Capital Management LLC bought a new position in shares of Intel during the 2nd quarter valued at about $29,000. Finally, Knuff & Co LLC bought a new position in shares of Intel in the second quarter valued at $29,000. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Up 7.7%

INTC opened at $56.28 on Friday. The company 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. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86. The firm’s fifty day moving average price is $97.95 and its two-hundred day moving average price is $86.60. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating 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 analysts’ expectations of $16.56 billion. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

Insider Buying and Selling

In other Intel news, CEO Lip Tan acquired 150,000 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was purchased at an average price 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 in the company, valued at $94,808,024.37. This trade 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. 0.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $100.00 price target on shares of Intel in a research report on Sunday, October 25th. KeyCorp lowered their price target on Intel from $155.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, October 30th. Morgan Stanley set a $85.00 target price on Intel in a report on Monday, October 19th. Pivotal Research initiated coverage on shares of Intel in a report on Tuesday, September 8th. They set a “buy” rating for the company. Finally, Wedbush restated a “neutral” rating and set a $98.00 price target on shares of Intel in a report on Tuesday, October 27th. 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 given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $97.42.

Intel News Roundup

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 Company Profile