14,300 Intel Corporation $INTC Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its Intel position by 1.1%, purchasing 14,300 shares to hold 1.29 million shares valued at approximately $155.6 million. Institutional investors collectively own 64.53% of Intel.
• Intel’s latest quarterly results exceeded expectations, with adjusted EPS of $0.42 versus a $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also purchased nearly $10 million of Intel stock.
• Analyst sentiment remains mixed: Intel has a consensus “Hold” rating and an average price target of $109.06, while investors remain focused on foundry customer growth, profitability and the company’s upcoming third-quarter report.

Mn Services Vermogensbeheer B.V. grew its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,293,848 shares of the chip maker's stock after buying an additional 14,300 shares during the period. Intel accounts for about 1.1% of Mn Services Vermogensbeheer B.V.'s portfolio, making the stock its 17th biggest holding. Mn Services Vermogensbeheer B.V.'s holdings in Intel were worth $155,559,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Diversified Management Inc. increased its stake in Intel by 8.4% during the 3rd quarter. Diversified Management Inc. now owns 2,642 shares of the chip maker's stock worth $318,000 after acquiring an additional 205 shares during the period. First Heartland Consultants Inc. grew its holdings in shares of Intel by 27.2% during the 3rd quarter. First Heartland Consultants Inc. now owns 12,816 shares of the chip maker's stock valued at $1,541,000 after purchasing an additional 2,739 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Intel by 5.1% during the third quarter. GAMMA Investing LLC now owns 119,474 shares of the chip maker's stock worth $14,364,000 after buying an additional 5,840 shares during the last quarter. Galvin Gaustad & Stein LLC grew its position in Intel by 3.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 3,957 shares of the chip maker's stock worth $476,000 after acquiring an additional 118 shares during the last quarter. Finally, Grove Bank & Trust raised its holdings in Intel by 15.6% in the 3rd quarter. Grove Bank & Trust now owns 5,443 shares of the chip maker's stock valued at $654,000 after buying an additional 736 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Trading Down 5.3%

Shares of INTC opened at $107.08 on Friday. The firm has a 50 day moving average price of $102.90 and a 200-day moving average price of $99.42. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The firm has a market cap of $540.11 billion, a price-to-earnings ratio of -50.75, a PEG ratio of 12.07 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter last year, the firm earned ($0.10) EPS. The company's 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, equities research analysts forecast that Intel Corporation will post 1.04 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.05% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on INTC shares. Rosenblatt Securities upped their target price on Intel from $65.00 to $80.00 and gave the company a "sell" rating in a report on Friday, July 24th. Tigress Financial upped their price target on Intel from $118.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. HSBC reaffirmed a "buy" rating on shares of Intel in a research note on Friday, July 24th. Susquehanna lifted their target price on Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Finally, Morgan Stanley upped their price objective on shares of Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $109.06.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel remains involved in Musk’s Terafab initiative, according to CEO Lip-Bu Tan, although Tesla and SpaceX are expected to operate the project. This eases concerns that Intel could be excluded entirely. Intel to keep working on Musk's Terafab chipmaking venture
• Positive Sentiment: Anaconda expanded its collaboration with Intel, making Intel-optimized AI, machine-learning and Python packages easier to access through the conda ecosystem. The companies said downloads have surpassed 500 million, supporting Intel’s software and enterprise-AI ecosystem. Anaconda expands collaboration with Intel
• Positive Sentiment: Intel’s high-NA EUV manufacturing progress and growing foundry capabilities continue to support the turnaround thesis. However, investors are now focused on attracting customers, increasing utilization and generating acceptable returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Neutral Sentiment: Intel is scheduled to report third-quarter results on October 29. Investors are likely to emphasize adjusted gross margin and profitability, rather than revenue alone, after the company exceeded its prior revenue outlook while guiding to roughly 42% gross margin. The number that will move Intel stock in October isn't revenue
• Negative Sentiment: Potential involvement by Taiwan Semiconductor Manufacturing in Terafab threatens to dilute Intel’s previously expected strategic role, raising concerns about the value of the project as a foundry catalyst. TSMC could partner with Elon Musk's Terafab
• Negative Sentiment: The broader market backdrop was unfavorable for high-growth technology stocks: higher energy prices and bond yields increased inflation and interest-rate concerns, pressuring Intel alongside AMD and other chipmakers. The stock also appeared vulnerable to valuation-related profit-taking after its sharp advance. Why Intel and AMD stocks are plunging

Intel Company Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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