Intel Corporation $INTC Stock Purchased by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC raised its position in Intel Corporation (NASDAQ:INTC) by 130.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,595 shares of the chip maker’s stock after purchasing an additional 7,700 shares during the period. Plimoth Trust Co. LLC’s holdings in Intel were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. State Street Corp increased its holdings in shares of Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after acquiring an additional 2,528,657 shares during the period. Primecap Management Co. CA acquired a new stake in Intel in the second quarter valued at about $10,507,291,000. Bank of America Corp DE boosted its holdings in Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares in the last quarter. Legal & General Group Plc purchased a new stake in Intel in the 2nd quarter valued at approximately $4,096,110,000. Finally, Assenagon Asset Management S.A. boosted its holdings in Intel by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after purchasing an additional 14,063,302 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

Intel stock opened at $90.47 on Tuesday. Intel Corporation has a 52 week low of $32.89 and a 52 week 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 firm’s 50-day simple moving average is $102.10 and its 200 day simple moving average is $85.24. The firm has a market capitalization of $456.33 billion, a PE ratio of -42.88, a P/E/G ratio of 9.23 and a beta of 2.22.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Analyst upgrade highlights server CPU shortage. New Street Research upgraded Intel to Buy with a $125 price target, citing tight server-CPU capacity that could improve pricing power and offset weaker PC demand. Intel rises as New Street cites server CPU shortage
• Positive Sentiment: Earnings expectations are improving. RBC said Intel could beat third-quarter estimates and raise guidance, while several previews anticipate strong data-center demand. Intel reports on October 29, and options markets imply a potentially significant post-earnings move. Intel expected to beat Q3 estimates
• Positive Sentiment: AI product expansion supports the turnaround narrative. Intel unveiled its Crescent Island GPU D-series and Xeon rack designs for memory-intensive agentic-AI inference, targeting data-center deployments through open-ecosystem software support. Intel unveils Crescent Island GPU D Series
• Positive Sentiment: Intel agreed to acquire Classiq Technologies to create a full-stack quantum-computing platform, adding a longer-term growth avenue beyond conventional CPUs and AI accelerators. Intel to acquire Classiq Technologies
• Neutral Sentiment: Reports that Intel held discussions with rival AMD fueled speculation about a potential partnership, though no transaction or commercial agreement was announced. Intel stock rises after talks with AMD
• Negative Sentiment: Execution and valuation risks remain substantial. Investors are watching whether server strength translates into sustainable margin expansion, while Intel’s capital-intensive foundry buildout, limited disclosure of customers, intense competition from AMD and Nvidia, and elevated forward valuation could amplify any earnings disappointment. Intel margin test ahead of earnings

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Sanford C. Bernstein raised Intel from a “hold” rating to an “outperform” rating in a research note on Monday, October 19th. Piper Sandler began coverage on Intel in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 price target on the stock. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. National Bank Financial set a $85.00 price objective on Intel in a research report on Monday, October 19th. Finally, Tigress Financial raised their target price on Intel from $118.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average target price of $108.23.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.05% of the company’s stock.

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.