<div id="readability-page-1"><p>Renaissance Technologies LLC bought a new stake in shares of  Intel Co. (NASDAQ:INTC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,657,994 shares of the chip maker's stock, valued at approximately $93,393,000. Renaissance Technologies LLC owned 0.11% of Intel at the end of the most recent reporting period.</p><ul><li>Intel-Taiwan Semiconductor Alliance Fuels Turnaround Hopes</li></ul><p>Several other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in  Intel in the 4th quarter valued at approximately $1,246,569,000.  Assenagon Asset Management S.A. grew its stake in  Intel by 264.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 19,617,088 shares of the chip maker's stock worth $393,323,000 after purchasing an additional 14,227,458 shares in the last quarter.  Vanguard Group Inc. increased its holdings in  Intel by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 369,099,204 shares of the chip maker's stock worth $7,400,439,000 after purchasing an additional 6,143,164 shares during the period.  Geode Capital Management LLC raised its position in  Intel by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 92,510,098 shares of the chip maker's stock valued at $2,162,891,000 after purchasing an additional 4,103,553 shares in the last quarter.  Finally, Invesco Ltd. boosted its stake in shares of  Intel by 9.4% in the 4th quarter. Invesco Ltd. now owns 43,088,830 shares of the chip maker's stock valued at $863,931,000 after buying an additional 3,696,377 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds. </p><h2>Intel Trading Down 7.4 %</h2><p>Shares of Intel stock opened at $18.13 on Wednesday. The firm has a market cap of $79.06 billion, a price-to-earnings ratio of -4.14 and a beta of 1.13. Intel Co. has a 52-week low of $17.67 and a 52-week high of $38.58. The company's 50-day simple moving average is $22.28 and its 200-day simple moving average is $22.15. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. </p><ul><li>Intel’s Big Bet on 18A: Will Lip-Bu Tan’s Vision Pay Off?</li></ul><p>Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%.  As a group, equities research analysts anticipate that  Intel Co. will post -0.11 earnings per share for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several analysts recently weighed in on INTC shares. Wells Fargo &amp; Company reduced their target price on shares of Intel from $28.00 to $25.00 and set an &#34;equal weight&#34; rating on the stock in a report on Friday, January 31st. Needham &amp; Company LLC  restated a &#34;hold&#34; rating on shares of Intel in a report on Friday, January 31st. Rosenblatt Securities  reiterated a &#34;sell&#34; rating and set a $20.00 target price on shares of Intel in a research note on Thursday, January 30th. Truist Financial cut their price target on Intel from $22.00 to $21.00 and set a &#34;hold&#34; rating on the stock in a research note on Friday, January 31st. Finally, JPMorgan Chase &amp; Co. lowered their price objective on Intel from $26.00 to $23.00 and set an &#34;underweight&#34; rating for the company in a research report on Friday, January 31st. Four research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one  has issued  a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and an average price target of $25.58.</p><ul><li>Arm Holdings Aims for 50% Data Center Market Share</li></ul><p><b>Get Our Latest Report on INTC</b></p><h2>Intel Company Profile</h2> (Free Report)<p>Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Intel</li><li>What is Short Interest? How to Use It</li><li>Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential</li><li>Airline Stocks - Top Airline Stocks to Buy Now</li><li>Qualcomm Breaks Down But RSI Signals It’s Severely Oversold</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy</li></ul><p><strong>Want to see what other hedge funds are holding INTC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Co. (NASDAQ:INTC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Intel Right Now?</h2><p>Before you consider Intel, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intel wasn't on the list.</p><p>While Intel currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

INTC

<p>Renaissance Technologies LLC acquired a new stake in Intel Co. (NASDAQ: INTC) during the fourth quarter, purchasing 4,657,994 shares valued at approximately $93.4 million. Other institutional investors also increased their stakes, with Norges Bank investing over $1.2 billion. Intel's stock has seen a decline of 7.4%, currently trading at $18.13, with a market cap of $79.06 billion. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and an average price target of $25.58.</p>

- Renaissance Technologies LLC acquired 4,657,994 shares of Intel Co. in Q4, valued at approximately $93.4 million, increasing its stake to 0.11%.  
- Other institutional investors, including Norges Bank and Assenagon Asset Management, also significantly increased their holdings in Intel during the same period.  
- Despite these investments, Intel's stock has faced challenges, with a recent price drop and mixed analyst ratings, reflecting ongoing concerns about its financial performance.

Renaissance Technologies LLC Acquires New Stake in Intel Co. (NASDAQ:INTC)