Sumitomo Mitsui DS Asset Management Company Ltd Has $29.45 Million Stock Holdings in Intel Corporation $INTC

Sumitomo Mitsui DS Asset Management Company Ltd decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 797,977 shares of the chip maker's stock after selling 37,878 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Intel were worth $29,445,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Legacy Bridge LLC bought a new position in shares of Intel in the fourth quarter worth about $26,000. Corundum Trust Company INC bought a new stake in shares of Intel during the 3rd quarter valued at approximately $29,000. Raleigh Capital Management Inc. acquired a new position in Intel during the 4th quarter worth approximately $29,000. Provenance Wealth Advisors LLC increased its position in Intel by 89.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock worth $32,000 after purchasing an additional 446 shares in the last quarter. Finally, Strengthening Families & Communities LLC bought a new position in Intel in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Price Performance

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

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate 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%. Intel's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts expect that Intel Corporation will post 0.63 EPS for the current year.

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 value of $4,006,679.68. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.05% of the company's stock.

Intel News Summary

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 research firms have weighed in on INTC. Bank of America boosted their target price on shares of Intel from $48.00 to $56.00 and gave the stock an "underperform" rating in a research note on Friday, April 24th. BNP Paribas Exane upgraded Intel from an "underperform" rating to a "buy" rating and set a $60.00 price target for the company in a research note on Tuesday, April 21st. Sanford C. Bernstein reissued a "neutral" rating on shares of Intel in a report on Friday, April 24th. Royal Bank Of Canada restated a "neutral" rating and set a $80.00 price objective on shares of Intel in a research report on Monday. Finally, KeyCorp upped their target price on Intel from $70.00 to $110.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has a consensus rating of "Hold" and a consensus target price of $74.47.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.