Forsta AP Fonden Acquires 16,700 Shares of Intel Corporation $INTC

Posted by Geri Gentry on May 30th, 2026

Forsta AP Fonden lifted its holdings in Intel Corporation (NASDAQ:INTC – Free Report) by 1.8% in the fourth quarter, HoldingsChannel reports. The fund owned 954,246 shares of the chip maker’s stock after buying an additional 16,700 shares during the period. Forsta AP Fonden’s holdings in Intel were worth $35,212,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. iA Global Asset Management Inc. increased its stake in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after buying an additional 86,189 shares during the period. Van ECK Associates Corp increased its stake in shares of Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the period. Heritage Investment Group Inc. purchased a new position in shares of Intel in the fourth quarter worth $219,000. Legal & General Group Plc increased its stake in shares of Intel by 1.3% in the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after buying an additional 423,481 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel News Summary

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India’s Odisha state
Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan’s MediaTek says it supports both TSMC and Intel’s advanced packaging technologies

Analyst Upgrades and Downgrades

INTC has been the topic of several analyst reports. Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. New Street Research boosted their price objective on shares of Intel from $50.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada reissued a “neutral” rating and set a $80.00 price objective on shares of Intel in a research report on Monday, May 4th. Tigress Financial boosted their price objective on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Seaport Research Partners boosted their price objective on shares of Intel from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel has a consensus rating of “Hold” and an average target price of $81.52.

Read Our Latest Stock Analysis on INTC

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Performance

Shares of INTC stock opened at $114.68 on Friday. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The stock has a market cap of $576.38 billion, a PE ratio of -184.96 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company’s fifty day moving average price is $81.94 and its 200-day moving average price is $56.32.

Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities analysts expect that Intel Corporation will post 0.63 EPS for the current fiscal year.

About Intel

(Free Report)

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.