Tiger Global Management LLC Buys Shares of 1,638,700 Intel Corporation $INTC

Tiger Global Management LLC purchased a new stake in Intel Corporation (NASDAQ:INTC) during the first quarter, Holdings Channel.com reports. The firm purchased 1,638,700 shares of the chip maker’s stock, valued at approximately $72,316,000.

Several other large investors have also recently made changes to their positions in INTC. iA Global Asset Management Inc. boosted its stake in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new position in Intel in the fourth quarter worth $205,000. Heritage Investment Group Inc. acquired a new position in shares of Intel during the fourth quarter worth $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Intel during the fourth quarter worth $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after purchasing an additional 13,858 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by insiders.

Intel Price Performance

NASDAQ INTC opened at $92.32 on Friday. The company has a market cap of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The stock’s fifty day moving average price is $115.84 and its 200 day moving average price is $78.07. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.52% and a negative net margin of 19.79%.The firm’s revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts forecast that Intel Corporation will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on INTC. Jefferies Financial Group started coverage on Intel in a research report on Thursday, June 11th. They issued a “buy” rating for the company. Mizuho decreased their price target on Intel from $135.00 to $109.00 and set a “neutral” rating for the company in a research note on Friday. Arete Research raised their price target on Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Seaport Research Partners reissued a “buy” rating and issued a $125.00 price target on shares of Intel in a report on Friday. Finally, Needham & Company LLC restated a “hold” rating on shares of Intel in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $107.67.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

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.