279,753 Shares in Intel Corporation $INTC Acquired by AEGON ASSET MANAGEMENT UK Plc

Key Points

• AEGON ASSET MANAGEMENT UK Plc opened a new Intel position in the first quarter, buying 279,753 shares valued at about $12.34 million.
• Intel continues to attract significant institutional interest, with 64.53% of shares held by hedge funds and other institutions despite mixed sentiment from analysts.
• Recent analyst action has been split: Bank of America upgraded Intel to Buy and raised its target to $135, while MarketBeat’s consensus view remains Hold with an average price target of $87.09.

AEGON ASSET MANAGEMENT UK Plc purchased a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 279,753 shares of the chip maker's stock, valued at approximately $12,343,000.

Other large investors have also made changes to their positions in the company. Financially Speaking Inc grew its position in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after purchasing an additional 279 shares during the last quarter. Legacy Bridge LLC purchased a new position in shares of Intel in the fourth quarter worth $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel in the fourth quarter worth $29,000. Swiss RE Ltd. acquired a new stake in shares of Intel during the fourth quarter worth $29,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of Intel during the fourth quarter worth $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. Arete Research lifted their price target on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 10th. TD Cowen boosted their price target on Intel from $60.00 to $75.00 and gave the company a "hold" rating in a research note on Friday, April 24th. Piper Sandler began coverage on Intel in a research note on Thursday, June 11th. They set a "neutral" rating on the stock. Finally, Bank of America raised Intel from an "underperform" rating to a "buy" rating and increased their price objective for the company from $96.00 to $135.00 in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $87.09.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Intel Price Performance

NASDAQ:INTC opened at $133.99 on Friday. Intel Corporation has a one year low of $18.97 and a one year high of $135.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a market cap of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21. The firm's fifty day moving average is $102.59 and its two-hundred day moving average is $64.69.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during 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 company's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.63 EPS for the current year.

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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