Intel Corporation $INTC Stock Position Raised by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S boosted its Intel stake by 3.9% in the first quarter, adding 8,755 shares to bring its total to 233,248 shares worth about $10.3 million.
• Analyst sentiment on Intel remains mixed: the stock carries an average Hold rating, with a consensus price target of $87.29 even as several firms raised their targets.
• Intel’s recent operating and strategic updates have been encouraging, including a better-than-expected quarterly earnings beat and positive developments in its foundry business, though some investors and analysts still question whether the rally has gone too far.

BI Asset Management Fondsmaeglerselskab A S increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 3.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 233,248 shares of the chip maker's stock after purchasing an additional 8,755 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Intel were worth $10,293,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financially Speaking Inc raised its stake in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after purchasing an additional 279 shares during the period. Legacy Bridge LLC acquired a new stake in shares of Intel in the fourth quarter worth $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel during the fourth quarter valued at $29,000. Swiss RE Ltd. purchased a new position in shares of Intel during the fourth quarter valued at $29,000. Finally, Osbon Capital Management LLC acquired a new position in Intel during the fourth quarter valued at $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Melius Research set a $150.00 price objective on Intel in a research note on Monday, May 18th. JPMorgan Chase & Co. lifted their target price on Intel from $35.00 to $45.00 and gave the company an "underweight" rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Seaport Research Partners increased their price target on shares of Intel from $65.00 to $90.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. Finally, TD Cowen raised their price target on shares of Intel from $60.00 to $75.00 and gave the stock a "hold" rating in a report on Friday, April 24th. One 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $87.29.

Trending Headlines about 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

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 105,077 shares of the company's stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company's stock.

Intel Stock Performance

NASDAQ:INTC opened at $133.99 on Monday. The company has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. The stock's 50 day moving average price is $102.59 and its 200 day moving average price is $64.87. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $135.48.

Intel (NASDAQ:INTC - Get Free Report) last posted 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. The firm had revenue of $13.58 billion during 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 company's revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal 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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