Persistent Asset Partners Ltd Grows Position in Intel Corporation $INTC

Persistent Asset Partners Ltd grew its position in Intel Corporation (NASDAQ:INTC) by 352.6% during the fourth quarter, HoldingsChannel reports. The firm owned 144,840 shares of the chip maker’s stock after buying an additional 112,840 shares during the quarter. Intel comprises approximately 2.4% of Persistent Asset Partners Ltd’s holdings, making the stock its 4th biggest position. Persistent Asset Partners Ltd’s holdings in Intel were worth $5,345,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. State Street Corp raised its position in shares of Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares during the period. Capital World Investors raised its position in shares of Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC raised its position in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after purchasing an additional 3,124,798 shares during the period. Finally, Morgan Stanley raised its position in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. Institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In other Intel 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 transaction of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by corporate insiders.

Intel Trading Down 8.5%

Shares of INTC stock opened at $117.05 on Wednesday. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The firm’s fifty day simple moving average is $98.06 and its 200 day simple moving average is $62.96. The firm has a market capitalization of $588.29 billion, a P/E ratio of -188.79 and a beta of 2.21. 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 (NASDAQ:INTC) last announced its 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 business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the previous year, the firm posted $0.13 earnings per share. Intel’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its advanced 18A-P manufacturing node has entered risk production, signaling progress toward attracting outside foundry customers and improving the company’s turnaround prospects. Intel takes a major step toward turning around a business that’s bleeding cash
• Positive Sentiment: Intel’s 18A-P update also highlighted better performance, lower power use, and improved thermal characteristics, which should strengthen its competitiveness in AI and server chips. Intel begins production of anticipated 18A-P chips, as AI continues to drive CPU demand
• Positive Sentiment: Broad investor optimism around Intel’s comeback, foundry potential, and AI-related CPU demand is helping the stock stay in focus after its strong recent rally. Next Stop For Intel Stock (NASDAQ:INTC): $5 Trillion?

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on INTC shares. Morgan Stanley lowered shares of Intel from an “overweight” rating to an “underweight” rating in a research report on Thursday, June 11th. KeyCorp boosted their target price on shares of Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intel in a research report on Friday, April 24th. Finally, Scotiabank started coverage on shares of Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $85.98.

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.