Commerzbank Aktiengesellschaft FI Sells 130,947 Shares of Intel Corporation $INTC

Key Points

• Commerzbank Aktiengesellschaft FI cut its Intel stake by 45.9% in the first quarter, selling 130,947 shares and leaving it with 154,560 shares valued at about $6.82 million.
• Intel recently reported better-than-expected quarterly results, posting EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion versus $12.32 billion expected, with revenue up 7.4% year over year.
• Analyst sentiment remains mixed: several firms raised price targets and ratings, but MarketBeat says the stock still carries a Hold consensus with an average target price of $102.77.

Commerzbank Aktiengesellschaft FI lessened its position in Intel Corporation (NASDAQ:INTC - Free Report) by 45.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 154,560 shares of the chip maker's stock after selling 130,947 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Intel were worth $6,821,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of 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 purchasing an additional 13,692,624 shares in the last quarter. State Street Corp grew its position in Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors grew its position in Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC increased its stake 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 valued at $3,744,406,000 after buying an additional 3,124,798 shares during the last quarter. Finally, Morgan Stanley increased its stake in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after buying an additional 11,056,090 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of INTC opened at $97.06 on Tuesday. The company has a market cap of $487.82 billion, a PE ratio of -156.55 and a beta of 2.18. The firm has a 50-day moving average of $117.14 and a 200-day moving average of $76.60. Intel Corporation has a one year low of $18.97 and a one year high of $142.35. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results 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. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion for the quarter, compared to analysts' expectations of $12.32 billion. During the same period in the prior year, the firm earned $0.13 EPS. Intel's quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts forecast that Intel Corporation will post 0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on INTC. Arete Research increased their price objective on shares of Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 10th. UBS Group set a $115.00 target price on Intel in a research report on Thursday. Raymond James Financial upgraded Intel from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 21st. Benchmark increased their price target on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 18th. Finally, BTIG Research upgraded Intel from a "neutral" rating to a "buy" rating in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $102.77.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company'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 value of $4,006,679.68. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Several reports say Intel could beat Q2 expectations, helped by stronger server demand, better pricing, and improving margin trends. Wedbush also highlighted upside from guidance and operational recovery. Intel positioned for earnings upside as Wedbush highlights server demand and margin recovery
• Positive Sentiment: Intel is also getting a boost from signs of progress in its turnaround, including reports of new layoff plans, improved manufacturing execution, and ASML confirming Intel Foundry is using its lithography machines. INTC Stock Prepares for Liftoff as ASML Confirms ‘Intel Foundry Is Now Using Its Lithography Machines’
• Positive Sentiment: Investors are also betting on a large earnings-driven move, with unusually heavy options volume indicating expectations for volatility and potentially meaningful upside if results impress. Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
• Neutral Sentiment: Wall Street expects Intel to report around $14.42 billion in revenue and roughly $0.21-$0.22 EPS, so the market is focused on whether the company can confirm that recent turnaround momentum is sustainable. Should You Add Intel Stock to Your Portfolio Ahead of Q2 Earnings?
• Negative Sentiment: Despite the recent bounce, sentiment remains fragile after a sharp pullback from recent highs, and some analysts warn that the stock’s valuation leaves it exposed if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
• Negative Sentiment: There are also technical and broader sector headwinds: bearish chart patterns, a weak semiconductor backdrop, and concern that the AI-driven chip rally may be losing momentum. Intel Stock Forms an Alarming Pattern as Earnings Loom

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.

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