Auto Owners Insurance Co Has $12.11 Million Stock Position in Intel Corporation $INTC

Auto Owners Insurance Co increased its holdings in Intel Corporation (NASDAQ:INTC) by 5,997.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,280,705 shares of the chip maker’s stock after buying an additional 3,226,897 shares during the quarter. Auto Owners Insurance Co’s holdings in Intel were worth $12,106,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Financially Speaking Inc boosted its stake in Intel by 69.2% in the fourth 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 bought a new position in shares of Intel during the 4th quarter worth approximately $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the fourth quarter valued at approximately $29,000. Swiss RE Ltd. bought a new position in Intel in the fourth quarter valued at $29,000. Finally, HighMark Wealth Management LLC grew its stake in shares of Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after buying an additional 567 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus lifted their target price on Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating and issued a $100.00 price target on shares of Intel in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price objective on shares of Intel in a research note on Tuesday, May 12th. Northland Securities cut Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Finally, Robert W. Baird raised their target price on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. 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. According to MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus target price of $87.09.

Intel Stock Performance

Shares of INTC opened at $133.99 on Friday. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $135.48. The company’s 50 day simple moving average is $102.59 and its 200 day simple moving average is $64.69. The company has a market capitalization of $673.43 billion, a price-to-earnings ratio of -216.11 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 (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period last year, the company earned $0.13 EPS. The firm’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 predict that Intel Corporation will post 0.63 EPS for the current year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

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.