Varma Mutual Pension Insurance Co Invests $91.10 Million in Intel Corporation $INTC

Varma Mutual Pension Insurance Co acquired a new stake in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 652,423 shares of the chip maker’s stock, valued at approximately $91,098,000. Intel accounts for about 0.5% of Varma Mutual Pension Insurance Co’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of INTC. Financially Speaking Inc lifted its holdings in Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners purchased a new position in shares of Intel in the first quarter worth approximately $25,000. Glynn Capital Management LLC bought a new stake in Intel during the second quarter valued at approximately $29,000. Knuff & Co LLC purchased a new stake in Intel during the second quarter valued at approximately $29,000. Finally, Swiss RE Ltd. bought a new position in Intel in the fourth quarter worth approximately $29,000. 64.53% of the stock is owned by institutional investors.

Intel Trading Up 0.0%

Shares of INTC stock opened at $89.51 on Tuesday. The stock’s 50-day moving average price is $103.61 and its 200-day moving average price is $86.94. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The stock has a market capitalization of $451.49 billion, a price-to-earnings ratio of -42.42, a price-to-earnings-growth ratio of 9.89 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel Corporation will post 1 EPS for the current fiscal year.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel’s Lunch

Analyst Ratings Changes

INTC has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 price objective on shares of Intel in a research note on Tuesday, May 12th. Rosenblatt Securities increased their target price on shares of Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a report on Friday, July 24th. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Roth Capital raised their price objective on shares of Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Morgan Stanley increased their price target on Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus target price of $107.46.

About Intel

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.