Intel Corporation $INTC Shares Sold by Swiss National Bank

Swiss National Bank trimmed its position in Intel Corporation (NASDAQ:INTC) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,384,400 shares of the chip maker’s stock after selling 189,400 shares during the period. Swiss National Bank owned 0.25% of Intel worth $456,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in INTC. Legacy Bridge LLC purchased a new stake in Intel in the fourth quarter valued at $26,000. Raleigh Capital Management Inc. purchased a new stake in Intel in the fourth quarter valued at $29,000. Provenance Wealth Advisors LLC boosted its holdings in Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 446 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after purchasing an additional 567 shares during the last quarter. Finally, Winch Advisory Services LLC boosted its holdings in Intel by 28.3% in the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after purchasing an additional 213 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

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.

Intel Trading Up 9.3%

INTC stock opened at $116.96 on Friday. The company’s 50-day simple moving average is $93.64 and its 200-day simple moving average is $61.12. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The firm has a market cap of $587.84 billion, a P/E ratio of -188.64 and a beta of 2.21.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the company posted $0.13 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Benchmark upped their price target on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 18th. Barclays upped their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Oppenheimer assumed coverage on shares of Intel in a report on Thursday. They issued an “outperform” rating on the stock. Royal Bank Of Canada reaffirmed a “neutral” rating and issued a $80.00 price target on shares of Intel in a report on Monday, May 4th. Finally, Wolfe Research assumed coverage on shares of Intel in a report on Thursday. They issued a “peer perform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $87.31.

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.