Intel Corporation $INTC Stock Position Reduced by Busey Bank

Busey Bank decreased its position in Intel Corporation (NASDAQ:INTC) by 34.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 64,899 shares of the chip maker’s stock after selling 34,651 shares during the period. Busey Bank’s holdings in Intel were worth $2,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new position in shares of Intel in the 2nd quarter worth about $1,579,378,000. Kingstone Capital Partners Texas LLC acquired a new stake in Intel during the second quarter worth about $345,245,000. Assenagon Asset Management S.A. lifted its holdings in Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after acquiring an additional 10,523,590 shares during the last quarter. AQR Capital Management LLC boosted its stake in Intel by 210.9% in the second quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker’s stock valued at $346,230,000 after acquiring an additional 10,514,007 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after purchasing an additional 8,513,298 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on INTC shares. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a report on Tuesday, November 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Intel in a research note on Monday. JPMorgan Chase & Co. boosted their price target on shares of Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Wells Fargo & Company increased their price objective on shares of Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Finally, Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel currently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Price Performance

Shares of NASDAQ INTC opened at $36.08 on Friday. The stock has a market cap of $172.35 billion, a P/E ratio of 3,611.61 and a beta of 1.34. The firm’s 50-day simple moving average is $38.00 and its 200 day simple moving average is $29.74. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $44.02. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter last year, the company earned ($0.46) EPS. Intel’s quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: BofA highlights advanced‑packaging opportunity for Intel Foundry and raised its price target to $40 (while keeping an Underperform rating) — this underscores a potential route to wins even as manufacturing execution is questioned. BofA Sees Advanced Packaging Potential for Intel Foundry
• Positive Sentiment: Analyst commentary and company reporting point to stronger gross‑margin expansion (non‑GAAP gross margin ~40% in recent quarter) driven by better mix and cost actions — a fundamental improvement that supports longer‑term profitability if sustained. Intel Rides on Strong Gross Margin Expansion
• Neutral Sentiment: Benzinga’s price‑over‑earnings overview and other valuation pieces provide context that Intel’s rally in 2025 has pushed multiples and investor expectations higher — useful background but not an immediate catalyst. Price Over Earnings Overview: Intel
• Negative Sentiment: Multiple outlets report Nvidia paused testing of Intel’s 18A process (cited as a Reuters signal). That’s the primary reason for today’s weakness — it raises questions about third‑party adoption timing and Intel’s ability to lure major customers away from incumbents like TSMC. Nvidia tested making chips with Intel’s 18A process, but stopped, Reuters says
• Negative Sentiment: Market reaction and commentary (multiple reports and trade desks) frame the Nvidia development as a setback for Intel’s foundry narrative — near‑term sentiment and stock volatility are likely to remain elevated until there’s clearer confirmation of customer wins or technology milestones. Intel shares slide after report Nvidia halts testing of 18A process

Intel Company Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.