AMF Tjanstepension AB Invests $57.90 Million in Intel Corporation $INTC

AMF Tjanstepension AB bought a new position in Intel Corporation (NASDAQ:INTC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,568,960 shares of the chip maker’s stock, valued at approximately $57,895,000.

Several other institutional investors have also made changes to their positions in INTC. Legacy Bridge LLC purchased a new position in shares of Intel in the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel in the fourth quarter worth approximately $29,000. Provenance Wealth Advisors LLC boosted its holdings in shares of Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after purchasing an additional 446 shares during the period. Strengthening Families & Communities LLC acquired a new stake in shares of Intel during the third quarter worth approximately $33,000. Finally, HighMark Wealth Management LLC boosted its holdings in shares of Intel by 177.7% during the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after purchasing an additional 567 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

INTC stock opened at $108.17 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $543.66 billion, a price-to-earnings ratio of -174.46 and a beta of 2.18. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The firm has a 50 day moving average of $68.76 and a two-hundred day moving average of $51.38.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate 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 negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period 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 anticipate that Intel Corporation will post 0.63 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on INTC. Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a report on Friday, April 24th. Melius Research set a $150.00 price target on shares of Intel in a report on Monday. Tigress Financial raised their price target on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Citic Securities upgraded shares of Intel from a “hold” rating to a “buy” rating and raised their price target for the stock from $38.90 to $60.30 in a report on Monday, January 26th. Finally, Jefferies Financial Group raised their price target on shares of Intel from $60.00 to $80.00 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, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $81.52.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’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 value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Citi raised its price target on Intel to $130 from $95 and kept a Buy rating, arguing that “agentic AI” workloads could expand the server CPU market much faster than expected. Citi Hikes Intel Price Target to $130: The Agentic CPU Boom Reshapes the Story
• Positive Sentiment: Intel CEO Lip-Bu Tan said the foundry business is gaining momentum, with improving yields and growing customer interest; he expects commitments from multiple foundry customers in the second half of the year. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Benchmark also lifted its target on Intel to $140 and maintained a Buy rating, while Tiger Global reportedly added a new stake, reinforcing institutional confidence in the turnaround. Benzinga article on AI chip stock reversal warning
• Neutral Sentiment: Trump’s comment that he “should have asked for more” in the government’s Intel stake kept the stock in focus, but it mainly added headlines rather than changing Intel’s fundamentals. Trump tells Fortune on Intel stake: ‘should have asked for more’
• Negative Sentiment: Some analysts and technical commentators warned that AI semiconductor names, including Intel, may be overextended after a powerful rally, which has weighed on the shares despite the bullish target hikes. Micron, AMD, Intel Stocks Could Face An Abrupt Reversal, Top AI Expert Warns

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.