511,091 Shares in Intel Corporation $INTC Purchased by Evergreen Quality Fund GP Ltd.

Evergreen Quality Fund GP Ltd. acquired a new position in shares of Intel Corporation (NASDAQ:INTC) during the fourth quarter, HoldingsChannel reports. The fund acquired 511,091 shares of the chip maker’s stock, valued at approximately $18,859,000. Intel comprises about 0.4% of Evergreen Quality Fund GP Ltd.’s portfolio, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in INTC. First Manhattan CO. LLC. lifted its position in shares of Intel by 1.6% during the fourth quarter. First Manhattan CO. LLC. now owns 2,943,484 shares of the chip maker’s stock worth $108,615,000 after purchasing an additional 46,988 shares in the last quarter. Concentric Capital Strategies LP grew its stake in shares of Intel by 15.4% during the fourth quarter. Concentric Capital Strategies LP now owns 59,785 shares of the chip maker’s stock valued at $2,206,000 after purchasing an additional 7,999 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Intel by 13.8% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,389,576 shares of the chip maker’s stock valued at $51,718,000 after purchasing an additional 168,902 shares in the last quarter. Armistice Capital LLC raised its position in Intel by 68.9% in the 4th quarter. Armistice Capital LLC now owns 122,936 shares of the chip maker’s stock worth $4,536,000 after purchasing an additional 50,136 shares during the last quarter. Finally, Alight Capital Management LP raised its position in Intel by 33.3% in the 4th quarter. Alight Capital Management LP now owns 200,000 shares of the chip maker’s stock worth $7,380,000 after purchasing an additional 50,000 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its next-generation 18A-P manufacturing process has entered risk production, a major milestone that suggests progress in its chipmaking comeback and improves the odds of winning external customers. Intel’s new manufacturing tech enters initial production
• Positive Sentiment: Several reports said the new node could help Intel attract customers such as Apple and Nvidia, reinforcing hopes that the company’s foundry strategy is gaining traction. Intel begins production of most-advanced chip, inching closer to possible Apple deal
• Positive Sentiment: Bernstein and Bank of America raised their views/price targets on Intel, citing stronger CPU demand from the agentic AI buildout and renewed interest in Intel’s foundry ambitions. Bernstein Boosts Price Targets for Arm, AMD, and Intel on Agentic AI Revolution
• Positive Sentiment: Media coverage framed the 18A-P announcement as a sign that Intel’s cash-burning manufacturing business may be turning a corner, which has added to momentum in the shares. Intel takes a major step toward turning around a business that’s bleeding cash
• Neutral Sentiment: Commentary pieces and stock-screen articles are also highlighting Intel as a comeback and long-term AI/semiconductor play, which may be supporting sentiment but do not add new hard catalysts. Is Intel the Comeback Stock of the Decade?
• Negative Sentiment: Some analysts continue to warn that Intel’s valuation has run ahead of fundamentals after a huge rally, suggesting the stock could remain volatile if expectations get too high. Intel: The Re-Rating Has Gone Too Far

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Truist Financial increased their price objective on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Robert W. Baird upped their price target on Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen upgraded Intel from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Arete Research lifted their price objective on Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Finally, Melius Research set a $150.00 price objective on Intel in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $87.09.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the 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 sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Intel Stock Up 3.5%

NASDAQ:INTC opened at $121.10 on Thursday. 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 Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The stock’s fifty day simple moving average is $99.46 and its 200-day simple moving average is $63.55. The firm has a market capitalization of $608.65 billion, a P/E ratio of -195.32 and a beta of 2.21.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

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.