BI Asset Management Fondsmaeglerselskab A S Sells 11,996 Shares of Intel Corporation $INTC

BI Asset Management Fondsmaeglerselskab A S trimmed its holdings in Intel Corporation (NASDAQ:INTC) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 224,493 shares of the chip maker’s stock after selling 11,996 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Intel were worth $8,284,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Legacy Bridge LLC bought a new position in Intel in the 4th quarter worth approximately $26,000. Raleigh Capital Management Inc. bought a new position in Intel in the 4th quarter worth approximately $29,000. HighMark Wealth Management LLC boosted its stake in Intel by 177.7% in the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after purchasing an additional 567 shares during the period. Provenance Wealth Advisors LLC boosted its stake in Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after purchasing an additional 446 shares during the period. Finally, Winch Advisory Services LLC boosted its stake in Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after purchasing an additional 213 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction 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 owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Mizuho upped their price target on Intel from $124.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. New Street Research upped their price objective on Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Truist Financial upped their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Intel has a consensus rating of “Hold” and a consensus price target of $83.35.

Intel Stock Down 11.3%

Shares of INTC opened at $99.17 on Friday. The stock has a market capitalization of $498.43 billion, a price-to-earnings ratio of -159.95 and a beta of 2.21. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The business’s 50 day simple moving average is $88.25 and its 200-day simple moving average is $58.80. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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.