SBI Securities Co. Ltd. Sells 21,979 Shares of Intel Corporation $INTC

Key Points

• SBI Securities trimmed its Intel stake by 9.6%, selling 21,979 shares and leaving 207,914 shares valued at about $7.67 million.
• Intel EVP Boise April Miller sold 40,256 shares at an average $99.53 (~$4.01M), a 27.7% reduction that leaves her with 105,077 shares; corporate insiders own just 0.05% of the company.
• Intel beat estimates with $0.29 EPS vs. $0.01 expected and $13.58B revenue, fueling a ~13% stock rally on AI/foundry optimism, but analysts' consensus is still a "Hold" with an average price target of $74.47, indicating mixed sentiment.

SBI Securities Co. Ltd. cut its position in Intel Corporation (NASDAQ:INTC - Free Report) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,914 shares of the chip maker's stock after selling 21,979 shares during the quarter. SBI Securities Co. Ltd.'s holdings in Intel were worth $7,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in INTC. Sivia Capital Partners LLC grew its stake in shares of Intel by 271.8% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after buying an additional 25,001 shares in the last quarter. United Bank bought a new position in shares of Intel in the second quarter valued at $205,000. Gamco Investors INC. ET AL grew its stake in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock valued at $308,000 after buying an additional 1,508 shares in the last quarter. NewEdge Advisors LLC boosted its position in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. boosted its position in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after purchasing an additional 74,838 shares during the period. 64.53% of the stock is owned by institutional investors.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Apple foundry/customer talk — Reports that Apple has explored using Intel to produce device processors lifted hopes for a major new external customer and tangible foundry demand. Read More.
• Positive Sentiment: Terafab partnership/visibility — Coverage on Intel’s role with Elon Musk’s Terafab and other AI supply-chain wins reinforced the narrative Intel can capture new manufacturing/AI opportunities. Read More.
• Positive Sentiment: SambaNova/AI deal de‑risk — Regulatory clearance around Intel’s SambaNova-related investment removes an antitrust overhang and supports the company’s AI‑accelerator strategy. Read More.
• Positive Sentiment: Leadership hire — Hiring Alex Katouzian from Qualcomm to run Client/Physical AI signals experienced management to execute on PC/edge AI opportunities. Read More.
• Neutral Sentiment: AI sector tailwind and macro — A broader AI-driven rally (S&P/Nasdaq records) and heavy options activity in semiconductors amplified momentum but are market‑wide factors rather than Intel‑specific catalysts. Read More.
• Neutral Sentiment: Analyst coverage is mixed — Some firms raised targets on turnaround hopes while others kept conservative stances; these notes provide context but no single consensus boost. Read More.
• Negative Sentiment: Insider sale disclosed — An EVP sold ~40k shares (~$4M), which can be cited by traders as a signal to take profits or add short‑term selling pressure. Read More.
• Negative Sentiment: Valuation/momentum concerns — After a massive rally, several outlets warn the move may be overextended and that profit‑taking or a re‑rating risk remains; RBC’s neutral $80 target also implies downside from elevated levels. Read More. Read More.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on INTC shares. Tigress Financial lifted their price objective on shares of Intel from $66.00 to $118.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Bank of America lifted their price objective on shares of Intel from $48.00 to $56.00 and gave the stock an "underperform" rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Intel in a research report on Friday, April 24th. Barclays lifted their price objective on shares of Intel from $45.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Friday, April 24th. Finally, Cantor Fitzgerald lifted their price objective on shares of Intel from $65.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $74.47.

Intel Stock Up 13.0%

INTC opened at $108.20 on Wednesday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $110.48. 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 company has a market capitalization of $543.79 billion, a P/E ratio of -174.51 and a beta of 2.18. The stock has a fifty day moving average of $55.90 and a 200-day moving average of $46.41.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results 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. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The company's revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities analysts expect that Intel Corporation will post 0.63 EPS for the current 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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