Katamaran Capital LLP bought a new position in Intel Corporation (NASDAQ:INTC – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 51,364 shares of the chip maker’s stock, valued at approximately $2,267,000. Intel comprises 1.8% of Katamaran Capital LLP’s investment portfolio, making the stock its 19th largest position.
Several other hedge funds also recently made changes to their positions in the company. Financial Life Planners bought a new stake in Intel during the 1st quarter valued at $25,000. Financially Speaking Inc grew its holdings in Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the last quarter. Legacy Bridge LLC purchased a new position in shares of Intel in the fourth quarter valued at about $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel in the fourth quarter valued at about $29,000. Finally, Swiss RE Ltd. purchased a new position in shares of Intel in the fourth quarter valued at about $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on INTC. TD Cowen increased their target price on shares of Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a report on Monday. Susquehanna boosted their price target on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $100.00 price target on shares of Intel in a research report on Wednesday, June 17th. KeyCorp increased their price objective on Intel from $110.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Citigroup upgraded Intel from a “buy” rating to a “buy” rating in a research report on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $101.96.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: KeyBanc lifted its price target on Intel and cited better yields plus stronger AI-related demand, helping fuel a bullish re-rating ahead of earnings. Article Title
- Positive Sentiment: HSBC also turned more constructive, doubling its price target and keeping a Buy rating, saying Intel’s foundry business looks increasingly compelling. Article Title
- Positive Sentiment: Intel announced a $5.7 billion expansion of its Ireland manufacturing site, which investors view as a sign of confidence in its AI chip, Xeon, and foundry roadmap. Article Title
- Positive Sentiment: Multiple reports say Intel’s 18A/yield improvements and “in-house” Nova Lake production plans suggest its manufacturing execution may be improving. Article Title
- Neutral Sentiment: Several previews ahead of Intel’s July 23 earnings call note that traders are positioning for evidence of better server CPU, AI, and foundry trends, but PC demand may still cool near term. Article Title
- Neutral Sentiment: Broader chip sentiment has improved after a cooler inflation reading sparked a sector rebound, supporting Intel along with other semiconductor names. Article Title
- Negative Sentiment: Some analysts still warn that Intel faces near-term PC softness and ongoing competition, while recent articles also highlight valuation concerns after the stock’s huge run. Article Title
Insider Activity
In other news, EVP Boise April Miller sold 40,256 shares of the 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 completion of the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.05% of the company’s stock.
Intel Trading Up 4.5%
Shares of INTC opened at $107.76 on Wednesday. The firm’s 50-day moving average price is $118.84 and its 200-day moving average price is $74.87. The firm has a market capitalization of $541.60 billion, a price-to-earnings ratio of -173.80 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. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $142.35.
Intel (NASDAQ:INTC – Get Free Report) last released 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. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the prior year, the firm earned $0.13 earnings per share. Intel’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts anticipate that Intel Corporation will post 0.64 EPS for the current year.
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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