Busey Bank Reduces Holdings in Intel Corporation $INTC

Busey Bank lessened its holdings in Intel Corporation (NASDAQ:INTC) by 34.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of INTC. Investors Research Corp lifted its stake in Intel by 0.7% in the 3rd quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock valued at $1,362,000 after buying an additional 300 shares in the last quarter. Sunflower Bank N.A. raised its holdings in shares of Intel by 1.3% in the third quarter. Sunflower Bank N.A. now owns 25,252 shares of the chip maker’s stock worth $847,000 after acquiring an additional 313 shares during the last quarter. Norden Group LLC raised its holdings in shares of Intel by 1.7% in the third quarter. Norden Group LLC now owns 22,957 shares of the chip maker’s stock worth $770,000 after acquiring an additional 386 shares during the last quarter. Welch Group LLC lifted its position in shares of Intel by 3.3% in the third quarter. Welch Group LLC now owns 14,305 shares of the chip maker’s stock valued at $480,000 after acquiring an additional 452 shares in the last quarter. Finally, Hilltop National Bank boosted its stake in shares of Intel by 6.8% during the 3rd quarter. Hilltop National Bank now owns 7,667 shares of the chip maker’s stock worth $257,000 after purchasing an additional 488 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of NASDAQ INTC opened at $36.08 on Friday. 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 Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $44.02. The business has a 50 day moving average price of $38.00 and a two-hundred day moving average price of $29.74. The firm has a market cap of $172.35 billion, a PE ratio of 3,611.61 and a beta of 1.34.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same period in the prior year, the company posted ($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. Sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal 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

Analyst Ratings Changes

A number of equities research analysts have recently commented on INTC shares. Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Benchmark increased their price objective on shares of Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. HSBC increased their target price on Intel from $24.00 to $26.00 in a research note on Friday, October 24th. New Street Research boosted their price target on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Finally, Morgan Stanley increased their price objective on shares of Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel 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.