Avanda Investment Management Pte. Ltd. Invests $742,000 in Intel Corporation $INTC

Avanda Investment Management Pte. Ltd. acquired a new position in shares of Intel Corporation (NASDAQ:INTC) during the 4th quarter, Holdings Channel reports. The fund acquired 20,100 shares of the chip maker’s stock, valued at approximately $742,000. Intel comprises approximately 0.7% of Avanda Investment Management Pte. Ltd.’s investment portfolio, making the stock its 21st largest position.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares in the last quarter. Capital World Investors raised its holdings in shares of Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares in the last quarter. Norges Bank purchased a new stake in Intel during the 4th quarter valued at $2,233,159,000. Finally, Van ECK Associates Corp raised its holdings in Intel by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after buying an additional 8,569,812 shares during the period. 64.53% of the stock is owned by hedge funds and other 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.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on INTC. BNP Paribas Exane upgraded Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Tuesday, April 21st. Roth Mkm upgraded Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Friday, April 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Intel in a report on Friday, April 24th. Wells Fargo & Company increased their price target on Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $87.31.

Intel Trading Up 6.5%

Intel stock opened at $124.57 on Friday. The stock has a 50-day moving average of $95.17 and a two-hundred day moving average of $61.56. 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 stock has a market cap of $626.09 billion, a PE ratio of -200.92 and a beta of 2.21.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period last year, the business posted $0.13 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts anticipate that Intel Corporation will post 0.66 EPS for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

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.