Intel Corporation $INTC Shares Bought by Erste Asset Management GmbH

Erste Asset Management GmbH boosted its position in shares of Intel Corporation (NASDAQ:INTC) by 11.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 546,036 shares of the chip maker’s stock after acquiring an additional 57,103 shares during the period. Erste Asset Management GmbH’s holdings in Intel were worth $20,120,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of INTC. Norges Bank acquired a new position in shares of Intel in the 4th quarter valued at $2,233,159,000. Capital World Investors boosted its holdings in shares of Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Intel by 285.9% in the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Intel by 61.3% in the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock valued at $838,804,000 after buying an additional 9,503,402 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on INTC. Jefferies Financial Group upped their target price on shares of Intel from $60.00 to $80.00 and gave the company a “hold” rating in a report on Friday, April 24th. Evercore set a $95.00 target price on shares of Intel in a report on Friday, April 24th. Robert W. Baird upped their target price on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, April 24th. HSBC upgraded shares of Intel from a “hold” rating to a “buy” rating and increased their price target for the stock from $50.00 to $95.00 in a research note on Tuesday, April 21st. Finally, Bank of America increased their price target 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $83.35.

Intel Stock Up 11.1%

Shares of Intel stock opened at $110.18 on Tuesday. The company has a market cap of $553.76 billion, a P/E ratio of -177.71 and a beta of 2.21. 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 one year low of $18.97 and a one year high of $132.75. The firm has a fifty day moving average of $89.57 and a two-hundred day moving average of $59.51.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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%. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports say Google has tapped Intel to manufacture millions of its in-house AI chips, a sign Intel’s foundry business may be gaining real traction with top-tier customers. Google, Nvidia consider Intel as backup chip manufacturer, The Information reports
• Positive Sentiment: Market chatter also suggests Nvidia could use Intel as a backup chip manufacturer, which would strengthen confidence in Intel’s long-term foundry strategy and AI relevance. Intel Stock Soars on a Huge Google Deal — Time to See Who Owns It
• Positive Sentiment: Intel also announced an expanded collaboration with Cadence to optimize its next-generation Intel 14A process technology, reinforcing investor optimism around its manufacturing roadmap. Cadence Announces Collaboration with Intel Foundry to Accelerate Intel 14A Process Optimization for HPC and Mobile Designs
• Neutral Sentiment: Broader semiconductor shares are rebounding as investors rotate back into AI-linked names, helping lift Intel along with peers like Micron and Marvell. Stock Market Today, June 8: Marvell, Intel, and Micron Lead Tech Stock Rebound
• Neutral Sentiment: Intel’s recent earnings were stronger than expected, which continues to support the stock’s recovery narrative, though that news is not the main driver today.

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.