Swiss National Bank lessened its position in Intel Corporation (NASDAQ:INTC – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,384,400 shares of the chip maker’s stock after selling 189,400 shares during the quarter. Swiss National Bank’s holdings in Intel were worth $456,984,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the company. Principal Securities Inc. boosted its stake in shares of Intel by 6.8% in the fourth quarter. Principal Securities Inc. now owns 85,669 shares of the chip maker’s stock worth $3,161,000 after acquiring an additional 5,465 shares during the last quarter. Aviva PLC boosted its stake in shares of Intel by 5.7% in the fourth quarter. Aviva PLC now owns 3,664,298 shares of the chip maker’s stock worth $135,213,000 after acquiring an additional 197,006 shares during the last quarter. Fox Hill Wealth Management boosted its stake in shares of Intel by 61.6% in the fourth quarter. Fox Hill Wealth Management now owns 33,421 shares of the chip maker’s stock worth $1,233,000 after acquiring an additional 12,738 shares during the last quarter. Resurgent Financial Advisors LLC boosted its stake in shares of Intel by 33.2% in the fourth quarter. Resurgent Financial Advisors LLC now owns 11,855 shares of the chip maker’s stock worth $437,000 after acquiring an additional 2,955 shares during the last quarter. Finally, Banco BTG Pactual S.A. acquired a new stake in shares of Intel in the fourth quarter worth approximately $1,747,000. 64.53% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.
Intel Trading Up 9.3%
Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts expect that Intel Corporation will post 0.63 EPS for the current fiscal year.
Intel News Roundup
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Bank of America’s double upgrade and higher target are the main catalyst, reinforcing the view that Intel’s CPU and foundry businesses could drive meaningful longer-term growth. Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Positive Sentiment: Analysts also lifted earnings estimates, suggesting the market is becoming more optimistic about Intel’s profitability outlook over the next couple of years.
- Positive Sentiment: Broader semiconductor stocks are rebounding as investors return to beaten-down AI and chip names, adding support to Intel’s advance.
- Neutral Sentiment: Intel’s recent rally has been amplified by growing enthusiasm around its foundry turnaround and possible AI-related opportunities, but these remain longer-term execution stories rather than near-term fundamentals.
- Negative Sentiment: One item investors may watch closely is an insider sale reported today, which can sometimes temper sentiment even when the stock is rallying.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on INTC. Seaport Research Partners lifted their price target on Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Evercore set a $95.00 target price on shares of Intel in a research note on Friday, April 24th. Citigroup raised shares of Intel from a “buy” rating to a “buy” rating in a research note on Thursday. Scotiabank began coverage on shares of Intel in a research note on Tuesday, April 21st. They issued a “sector perform” rating on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $87.31.
Get Our Latest Stock Report on Intel
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.
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