BI Asset Management Fondsmaeglerselskab A S Lowers Holdings in Intel Corporation $INTC

Key Points

• BI Asset Management Fondsmaeglerselskab A S trimmed its Intel stake by 5.1% in the fourth quarter, selling 11,996 shares and ending with 224,493 shares valued at about $8.28 million.
• Other big investors were largely adding to Intel, including Vanguard, Geode Capital, and Norges Bank, while institutional ownership overall remained high at 64.53%.
• Intel is seeing mixed sentiment: it has benefited from AI-related optimism and new collaborations with Foxconn and Hitachi, but it also faces pressure from NVIDIA’s new PC chip and a broader semiconductor selloff.

BI Asset Management Fondsmaeglerselskab A S lessened its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 224,493 shares of the chip maker's stock after selling 11,996 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Intel were worth $8,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. Geode Capital Management LLC raised its position in Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock worth $3,744,406,000 after buying an additional 3,124,798 shares during the last quarter. Capital World Investors raised its position in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after buying an additional 21,230,715 shares during the last quarter. Norges Bank purchased a new position in Intel in the 4th quarter worth about $2,233,159,000. Finally, Van ECK Associates Corp raised its position in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom's weak outlook

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on INTC shares. Wells Fargo & Company boosted their target price on Intel from $85.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Monday, June 1st. KeyCorp boosted their target price on Intel from $70.00 to $110.00 and gave the stock an "overweight" rating in a research report on Friday, April 24th. Weiss Ratings reissued a "sell (d-)" rating on shares of Intel in a research report on Friday, April 24th. Royal Bank Of Canada reissued a "neutral" rating and issued a $80.00 target price on shares of Intel in a research report on Monday, May 4th. Finally, HSBC raised Intel from a "hold" rating to a "buy" rating and boosted their target price for the stock from $50.00 to $95.00 in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Intel presently has a consensus rating of "Hold" and a consensus price target of $83.35.

Intel Trading Down 11.3%

Intel stock opened at $99.17 on Friday. The business has a 50-day simple moving average of $88.25 and a two-hundred day simple moving average of $58.80. The company has a market cap of $498.43 billion, a P/E ratio of -159.95 and a beta of 2.21. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm's revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of the business's 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. The trade was a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.05% of the company's stock.

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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