Intel Corporation $INTC Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. grew its holdings in shares of Intel Corporation (NASDAQ:INTC) by 2.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,430,732 shares of the chip maker’s stock after acquiring an additional 31,784 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Intel were worth $62,324,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Financial Life Planners acquired a new stake in Intel in the first quarter valued at $25,000. Financially Speaking Inc boosted its stake in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the last quarter. Legacy Bridge LLC acquired a new position in Intel during the 4th quarter worth $26,000. Raleigh Capital Management Inc. acquired a new position in Intel during the 4th quarter worth $29,000. Finally, Swiss RE Ltd. bought a new stake in shares of Intel in the 4th quarter worth about $29,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays upped their target price on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. HSBC reaffirmed a “buy” rating and set a $200.00 target price on shares of Intel in a report on Thursday, July 2nd. Cantor Fitzgerald lifted their target price on Intel from $90.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $100.00 price target on shares of Intel in a report on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $96.69.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s upcoming quarterly report could benefit from strong demand for server CPUs used in AI data centers, and some analysts argue the company may beat expectations if pricing remains firm. Should You Buy Intel Stock Before July 23?
• Positive Sentiment: HSBC reiterated an especially bullish view on Intel (INTC), pointing to upside from server chips and the foundry business, with a Street-high price target that signals confidence in longer-term growth. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish thesis says Intel’s foundry and advanced-node progress could support a longer-lasting turnaround, with investors watching for proof points from 18A production and July earnings. Stacking Chips: The Hidden Supply Shock Fueling Intel
• Neutral Sentiment: Intel remains one of the most closely watched AI-semiconductor names, so upbeat commentary and price-target chatter are keeping trading active even as investors wait for hard financial evidence. Intel Corporation (INTC) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: The stock was hit by a broad semiconductor selloff tied to AI valuation concerns, with traders taking profits after a strong run and dumping chip stocks across the group. Intel Drops as Chip Selloff Deepens on AI Valuation Concerns
• Negative Sentiment: Coverage also highlighted pressure on Intel from the broader chip rout, with Samsung’s strong report ironically worsening fears that AI optimism may already be priced in. Intel stock is currently trading at a level not seen even during the dot-com bubble

Intel Price Performance

Shares of NASDAQ:INTC opened at $110.24 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 fifty-two week low of $18.97 and a fifty-two week high of $142.35. The firm has a 50-day simple moving average of $117.81 and a 200 day simple moving average of $72.84. The company has a market cap of $554.07 billion, a PE ratio of -177.80 and a beta of 2.18.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping 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 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 business earned $0.13 earnings per share. Intel’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. On average, sell-side analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Insider Activity 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 transaction of $4,006,679.68. Following the sale, the executive vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.05% of the company’s stock.

Intel 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.