Dai ichi Life Insurance Company Ltd lowered its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 7.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 186,230 shares of the chip maker’s stock after selling 13,910 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Intel were worth $8,218,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in INTC. Sivia Capital Partners LLC grew its position in Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after acquiring an additional 25,001 shares in the last quarter. United Bank purchased a new stake in Intel during the second quarter valued at about $205,000. Gamco Investors INC. ET AL lifted its stake in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after purchasing an additional 1,508 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares in the last quarter. 64.53% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of brokerages recently weighed in on INTC. Evercore set a $95.00 price objective on Intel in a report on Friday, April 24th. Wells Fargo & Company upped their target price on Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. HC Wainwright set a $150.00 price objective on shares of Intel in a report on Monday, June 29th. Finally, DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $107.67.
Insider Activity
In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.05% of the company’s stock.
Intel Trading Down 7.9%
Shares of INTC stock opened at $92.32 on Friday. The business has a 50-day moving average of $115.84 and a 200 day moving average of $78.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $142.35. The stock has a market capitalization of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18.
Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.52% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the previous year, the firm earned ($0.10) EPS. The business’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts anticipate that Intel Corporation will post 0.65 earnings per share for the current year.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
- Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
- Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article
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.
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