Asahi Life Asset Management CO. LTD. Takes $614,000 Position in Intel Corporation $INTC

Key Points

• Asahi Life Asset Management opened a new position in Intel during the fourth quarter, buying 16,640 shares worth about $614,000.
• Intel is seeing broader institutional interest, with several large investors adding stakes and hedge funds and other institutions now owning 64.53% of the company.
• The stock has been buoyed by positive developments, including reports of a preliminary chip-making deal with Apple and improved analyst sentiment tied to Intel’s turnaround and foundry efforts.

Asahi Life Asset Management CO. LTD. purchased a new position in Intel Corporation (NASDAQ:INTC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,640 shares of the chip maker's stock, valued at approximately $614,000.

A number of other institutional investors also recently added to or reduced their stakes in INTC. Capital World Investors lifted its stake in Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Vanguard Group Inc. lifted its stake in Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. AQR Capital Management LLC lifted its stake in Intel by 61.3% in the third quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker's stock worth $838,804,000 after acquiring an additional 9,503,402 shares during the last quarter. Van ECK Associates Corp lifted its stake in Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in Intel by 66.4% in the second quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker's stock worth $434,489,000 after acquiring an additional 7,736,635 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly reached a preliminary agreement to manufacture chips for Apple devices, which would be a major vote of confidence in Intel’s foundry business and could open a meaningful new revenue stream. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Wall Street commentary has turned more constructive on Intel’s turnaround, with analysts citing stronger earnings, improving guidance, and rising confidence in its foundry progress and AI positioning. Freedom Broker Upgrades Intel Corporation (INTC) to Buy, Lifts PT
• Positive Sentiment: Recent reports suggest Intel is benefiting from a shift in the AI chip narrative, with demand moving beyond Nvidia and into CPUs and other infrastructure-related chips. Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags
• Neutral Sentiment: Intel’s recent surge has also drawn caution from some commentators, who warn the stock may be getting stretched after an extremely rapid rally, raising the risk of volatility if deal expectations cool. Intel's stock just had its most explosive growth ever. Why skeptics are piling on.
• Negative Sentiment: Some analysis still argues Intel faces execution risk, with investors watching closely to see whether the turnaround can translate into durable profits rather than just a momentum-driven move. Intel's 33% Revenue Drop Puts Tan's Turnaround In Focus

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is currently owned by company insiders.

Analyst Ratings Changes

INTC has been the subject of a number of recent research reports. Evercore set a $95.00 price target on shares of Intel in a research note on Friday, April 24th. HSBC upgraded shares of Intel from a "hold" rating to a "buy" rating and lifted their price target for the stock from $50.00 to $95.00 in a research note on Tuesday, April 21st. Morgan Stanley lifted their price target on shares of Intel from $56.00 to $73.00 and gave the stock an "equal weight" rating in a research note on Friday, April 24th. Barclays lifted their price target on shares of Intel from $45.00 to $65.00 and gave the stock an "equal weight" rating in a research note on Friday, April 24th. Finally, Roth Mkm upgraded shares of Intel from a "neutral" rating to a "buy" rating and set a $100.00 price target for the company in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Intel presently has an average rating of "Hold" and an average price target of $75.64.

Intel Stock Down 0.1%

INTC stock opened at $124.82 on Monday. 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 Corporation has a twelve month low of $18.97 and a twelve month high of $130.57. The company's 50 day moving average is $58.56 and its two-hundred day moving average is $47.46. The stock has a market cap of $627.32 billion, a P/E ratio of -201.31 and a beta of 2.18.

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, topping analysts' consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analysts' expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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.

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