Graphene Investments SAS reduced its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 27.0% in the first quarter, Holdings Channel reports. The firm owned 59,100 shares of the chip maker’s stock after selling 21,900 shares during the period. Graphene Investments SAS’s holdings in Intel were worth $2,608,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Sivia Capital Partners LLC grew its stake in Intel by 271.7% in the 2nd 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 bought a new stake in shares of Intel during the second quarter valued at approximately $205,000. Gamco Investors INC. ET AL boosted its holdings in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. grew its stake in Intel by 9.9% in the second 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 currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on INTC. Jefferies Financial Group started coverage on Intel in a research report on Thursday, June 11th. They set a “buy” rating for the company. Sanford C. Bernstein restated a “market perform” rating and set a $100.00 price target on shares of Intel in a research note on Wednesday, June 17th. KGI Securities downgraded Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price objective for the company. in a report on Monday, April 20th. Barclays upped their price objective on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel currently has a consensus rating of “Hold” and a consensus target price of $102.72.
Insider Buying and Selling at Intel
In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred 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 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 filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.
Intel Trading Down 5.8%
Shares of NASDAQ INTC opened at $96.98 on Friday. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $142.35. The business has a fifty day moving average price of $118.38 and a 200 day moving average price of $75.77. The stock has a market capitalization of $487.42 billion, a P/E ratio of -156.42 and a beta of 2.18. 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 (NASDAQ:INTC – Get Free Report) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts expect that Intel Corporation will post 0.64 EPS for the current fiscal year.
Intel News Roundup
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel and Google Cloud announced an expanded partnership, with Google Cloud deepening its use of Intel’s AI-focused tools and workflows, reinforcing Intel’s relevance in enterprise AI design and cloud infrastructure. Intel, Google Cloud announce expansion of existing deal
- Positive Sentiment: Multiple analysts turned more constructive ahead of earnings, including Susquehanna raising its price target and citing stronger server demand, while other firms highlighted Intel’s improving foundry/manufacturing progress. Intel slips even as Susquehanna ups price target ahead of Q2 results
- Positive Sentiment: Intel said it has begun using ASML’s most advanced High-NA EUV equipment for chip production, a milestone that signals progress in its manufacturing roadmap and supports the bull case for its turnaround. Intel turns to next-generation ASML tool to help make its laptop chips
- Neutral Sentiment: Intel remains a heavy topic on trading desks ahead of its July 23 earnings report, with retail investors buying the dip and several commentators framing the stock as an AI/foundry turnaround play. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
- Negative Sentiment: Intel is being dragged lower by a broad semiconductor selloff as investors worry that AI spending could slow and that the chip cycle may be less durable than hoped. Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide
- Negative Sentiment: Some coverage also points to Intel’s weaker PC trends and the difficulty of competing with TSMC’s manufacturing efficiency, keeping investors cautious about how quickly the turnaround can translate into stronger profits.
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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