Intel Corporation $INTC Stock Bought by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR grew its position in shares of Intel Corporation (NASDAQ:INTC) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 364,094 shares of the chip maker’s stock after purchasing an additional 16,088 shares during the period. Intel makes up 0.8% of Generali Asset Management SPA SGR’s portfolio, making the stock its 25th biggest holding. Generali Asset Management SPA SGR’s holdings in Intel were worth $43,775,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp increased its stake in Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA purchased a new stake in shares of Intel in the 2nd quarter valued at about $10,507,291,000. Amundi boosted its position in shares of Intel by 14.9% during the 1st quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after acquiring an additional 5,045,936 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Intel by 35.7% during 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 acquiring an additional 8,342,514 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Intel by 0.4% during the 1st quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock valued at $1,354,832,000 after acquiring an additional 112,054 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus lowered their target price on shares of Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Daiwa Securities Group cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. raised shares of Intel from an “underweight” rating to a “neutral” rating and set a $85.00 price target for the company in a research note on Monday, October 19th. Mizuho increased their price target on shares of Intel from $92.00 to $114.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Finally, Truist Financial raised their price objective on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $108.23.

Insider Activity

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion, aiming to build a full-stack quantum-computing platform. The deal strengthens Intel’s longer-term positioning in a new growth market, although it also adds execution and investment risk. Intel to buy quantum firm Classiq
• Positive Sentiment: New Street Research upgraded Intel to Buy with a reported $125 target, citing a shortage of server CPUs and improving demand. Wedbush maintained Neutral but raised its target to $98, describing the setup ahead of earnings as balanced with server performance the key issue.
• Positive Sentiment: Several earnings previews point to stronger data-center revenue, AI infrastructure demand, Xeon processor sales, and possible pricing benefits from constrained server-CPU supply. Investors are looking for evidence that server strength can offset weaker PC demand and support margins. Intel Q3 earnings preview
• Positive Sentiment: Intel’s Crescent Island GPU D-series and Xeon-based rack designs target memory-intensive agentic-AI inference, offering a potential avenue for growth beyond traditional CPUs. The company is also benefiting from broader semiconductor-sector momentum and optimism surrounding its turnaround.
• Neutral Sentiment: Intel, along with IBM, Oracle and IonQ, objected to having its shares listed in tokenized form on the proposed OKX-ICE exchange. The move has limited direct financial impact but signals that major issuers want greater control over how their shares are traded. Companies object to tokenized stocks
• Negative Sentiment: Rosenblatt reaffirmed its Sell rating and assigned an $80 price target, well below prevailing levels. The bearish view underscores concerns about Intel’s valuation, profitability, and the difficulty of executing its costly foundry turnaround.
• Negative Sentiment: Nvidia’s emerging Vera CPU business is already shipping to hyperscalers, creating a new competitive threat to Intel in data-center processors. Investors also face elevated volatility, with options markets implying a large move around Thursday’s earnings report.

Intel Trading Up 3.6%

NASDAQ:INTC opened at $93.74 on Wednesday. The company has a fifty day moving average of $101.67 and a 200 day moving average of $85.75. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35.

Intel Company 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.