Nan Fung Trinity HK Ltd. Buys 227,200 Shares of Intel Corporation $INTC

Nan Fung Trinity HK Ltd. bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the 3rd quarter, Holdings Channel.com reports. The firm bought 227,200 shares of the chip maker’s stock, valued at approximately $27,316,000. Intel makes up 2.6% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in INTC. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in Intel during the third quarter worth approximately $391,000. Endeavor Private Wealth Inc. boosted its holdings in shares of Intel by 12.7% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 1,957 shares of the chip maker’s stock valued at $235,000 after purchasing an additional 221 shares during the last quarter. King Luther Capital Management Corp boosted its holdings in shares of Intel by 200.0% in the 3rd quarter. King Luther Capital Management Corp now owns 133,861 shares of the chip maker’s stock valued at $16,094,000 after purchasing an additional 89,241 shares during the last quarter. New Mexico Educational Retirement Board boosted its holdings in shares of Intel by 5.5% in the 3rd quarter. New Mexico Educational Retirement Board now owns 246,270 shares of the chip maker’s stock valued at $29,609,000 after purchasing an additional 12,800 shares during the last quarter. Finally, CFM Wealth Partners LLC grew its stake in shares of Intel by 2.5% during the 3rd quarter. CFM Wealth Partners LLC now owns 16,236 shares of the chip maker’s stock valued at $1,952,000 after buying an additional 402 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Recent Intel Headlines

Here are a few of the latest headlines about INTC:

• Neutral Sentiment: Tan described a potential pullback in the AI boom as “healthy” and urged discipline, comments that support a measured long-term view but may temper expectations for near-term AI-related growth. Intel CEO on the AI boom
• Negative Sentiment: Reports of Nvidia CEO Jensen Huang’s departure have unsettled investors over the companies’ partnership and future chip roadmap. Nvidia holds 214.78 million Intel shares, valued at roughly $13 billion, adding uncertainty about future collaboration and the stake’s implications. Nvidia leadership uncertainty and Intel
• Negative Sentiment: Bank of America lowered its Intel price target from $100 to $80 and kept a neutral rating, signaling reduced expectations. Bank of America price-target change

Intel Trading Down 2.1%

Shares of INTC stock opened at $61.20 on Friday. The stock has a market cap of $325.28 billion, a price-to-earnings ratio of -25.39, a price-to-earnings-growth ratio of 6.68 and a beta of 2.42. The company has a quick ratio of 1.95, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The firm’s 50 day moving average price is $95.61 and its two-hundred day moving average price is $86.83.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. During the same period in the previous year, the firm earned $0.23 earnings per share. Intel’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 Activity at Intel

In other Intel news, CEO Lip Tan bought 150,000 shares of Intel stock in a transaction that occurred on Monday, November 2nd. The shares were acquired at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the acquisition, the chief executive officer owned 1,464,669 shares of the company’s stock, valued at $94,808,024.37. The trade was a 11.41% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Freedom Broker downgraded Intel from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $100.00 to $90.00 in a report on Friday, October 30th. JPMorgan Chase & Co. cut their target price on Intel from $85.00 to $80.00 and set a “neutral” rating on the stock in a research report on Friday, October 30th. Wells Fargo & Company reduced their target price on Intel from $120.00 to $80.00 and set an “equal weight” rating on the stock in a report on Friday, October 30th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Tuesday, October 27th. Finally, Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel presently has an average rating of “Hold” and an average target price of $96.93.

About Intel

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.