Baker Avenue Asset Management LP Acquires 59,555 Shares of Intel Corporation $INTC

Baker Avenue Asset Management LP grew its holdings in Intel Corporation (NASDAQ:INTC) by 73.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 140,139 shares of the chip maker’s stock after purchasing an additional 59,555 shares during the quarter. Baker Avenue Asset Management LP’s holdings in Intel were worth $5,171,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in INTC. Capital World Investors grew its position in Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares in the last quarter. Vanguard Group Inc. grew its position in Intel by 3.5% in the fourth 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. AQR Capital Management LLC lifted its stake in shares of Intel by 61.3% in the third quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock worth $838,804,000 after buying an additional 9,503,402 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in shares of Intel by 66.4% in the second quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock worth $434,489,000 after buying an additional 7,736,635 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 stock in a transaction 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 completion of the transaction, the executive vice president 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 filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on INTC. Benchmark boosted their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group increased their price target on shares of Intel from $60.00 to $80.00 and gave the company a “hold” rating in a report on Friday, April 24th. Susquehanna increased their price target on shares of Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Citigroup increased their price target on shares of Intel from $95.00 to $130.00 and gave the company a “buy” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $81.52.

Intel Trading Down 1.4%

Shares of INTC stock opened at $121.77 on Thursday. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The stock has a market cap of $612.02 billion, a price-to-earnings ratio of -196.40 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a fifty day moving average of $79.01 and a 200-day moving average of $55.32.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the company posted $0.13 EPS. The business’s 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, equities research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel remains a major AI and semiconductor momentum name, with multiple articles pointing to AI demand, foundry opportunities, and upcoming COMPUTEX-related expectations as reasons investors are still optimistic about the long-term story.
• Positive Sentiment: Intel also received coverage tied to new AI-related product and ecosystem momentum, including Intel-branded confidential-compute and workload-security activity, which supports the bullish narrative around its expanding role in enterprise AI infrastructure.
• Neutral Sentiment: Several pieces frame Intel as a stock that has already rallied sharply, which keeps investor interest high but also makes valuation and execution the key questions going forward.
• Neutral Sentiment: Intel was included in broader “AI stocks” and “high-growth stock” discussions, reinforcing that the market still views INTC as part of the AI trade rather than just a legacy PC-chip story.
• Negative Sentiment: Northland downgraded Intel from outperform to market perform, citing valuation concerns after the stock’s outsized gains, which is likely pressuring sentiment and encouraging some profit-taking.
• Negative Sentiment: Coverage also highlighted competitive pressure from Nvidia, including concerns that Nvidia’s newer CPU efforts could challenge Intel’s data center and server business, adding to worries that the rally may not be easy to sustain.

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.