National Pension Service Trims Stake in Intel Corporation $INTC

National Pension Service trimmed its stake in Intel Corporation (NASDAQ:INTC) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 9,713,921 shares of the chip maker’s stock after selling 233,730 shares during the period. National Pension Service’s holdings in Intel were worth $358,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of Intel in the 4th quarter worth $114,390,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Intel by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 43,630 shares of the chip maker’s stock worth $1,610,000 after purchasing an additional 1,904 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in shares of Intel by 12.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 22,709 shares of the chip maker’s stock worth $838,000 after purchasing an additional 2,479 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its holdings in Intel by 73.9% in the 4th quarter. Baker Avenue Asset Management LP now owns 140,139 shares of the chip maker’s stock worth $5,171,000 after buying an additional 59,555 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s recent earnings and AI-related momentum are still supporting the bull case, with some commentary arguing the stock could keep climbing if its turnaround and foundry strategy continue to gain traction.
• Positive Sentiment: Acer announced the Predator Atlas 8 handheld powered by new Intel Arc G-series processors, another sign that Intel is landing product wins in gaming and PC hardware.
• Positive Sentiment: Several articles highlight anticipation around Intel’s June 2 COMPUTEX 2026 appearance, which could bring new product or strategy updates that investors are watching closely.
• Neutral Sentiment: Intel remains a major AI and semiconductor comeback story, but many of the bullish articles are speculative or forward-looking rather than based on new fundamental developments.
• Neutral Sentiment: Reports that Intel may consider leasing fab space could improve asset utilization and financial flexibility, but the market appears to be treating it as a strategic possibility rather than confirmed material news.
• Negative Sentiment: Northland downgraded Intel to Market Perform from Outperform, citing valuation concerns even while acknowledging progress in the turnaround.
• Negative Sentiment: Other commentary suggests Intel’s huge rally has made the stock expensive, with some analysts and media pieces warning that insider selling and stretched valuation could trigger a pullback.
• Negative Sentiment: Rival pressure is also a headwind, including coverage that AMD and Nvidia are strengthening their positions in key chip markets, which keeps competition concerns front and center for Intel investors.

Insider Activity at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “neutral” rating and issued a $80.00 target price on shares of Intel in a report on Monday, May 4th. Jefferies Financial Group upped their target price on shares of Intel from $60.00 to $80.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a report on Friday, April 24th. Cantor Fitzgerald upped their target price on shares of Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Melius Research set a $150.00 target price on shares of Intel in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $81.52.

Intel Stock Down 0.7%

INTC opened at $120.89 on Friday. The firm has a 50-day simple moving average of $80.55 and a two-hundred day simple moving average of $55.91. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The company has a market capitalization of $607.59 billion, a PE ratio of -194.98 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 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 the consensus estimate of $12.32 billion. During the same quarter in the prior year, the firm earned $0.13 EPS. The business’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. Analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

About Intel

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.