Intel Corporation $INTC Shares Purchased by Legal & General Group Plc

Legal & General Group Plc raised its position in Intel Corporation (NASDAQ:INTC) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,012,894 shares of the chip maker’s stock after acquiring an additional 423,481 shares during the quarter. Legal & General Group Plc’s holdings in Intel were worth $1,255,076,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Bridge LLC purchased a new stake in shares of Intel in the 4th quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel during the 4th quarter worth $29,000. Provenance Wealth Advisors LLC grew its stake 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 in the last quarter. Strengthening Families & Communities LLC acquired a new position in shares of Intel during the third quarter worth $33,000. Finally, HighMark Wealth Management LLC increased its holdings in Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after buying an additional 567 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of Intel stock opened at $119.84 on Monday. The company has a fifty day simple moving average of $74.44 and a 200-day simple moving average of $53.55. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The stock has a market cap of $602.32 billion, a price-to-earnings ratio of -193.29 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the business posted $0.13 EPS. The company’s revenue for the quarter 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 forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on INTC shares. Roth Mkm upgraded Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a research note on Friday, April 24th. Royal Bank Of Canada reaffirmed a “neutral” rating and set a $80.00 price objective on shares of Intel in a research report on Monday, May 4th. Susquehanna raised their target price on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Tigress Financial boosted their target price on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Truist Financial upped their price target on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $81.52.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
• Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
• Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the 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 completion of the sale, the executive vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

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.