Intel Corporation $INTC Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its holdings in Intel Corporation (NASDAQ:INTC) by 62.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 327,197 shares of the chip maker’s stock after acquiring an additional 126,300 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Intel were worth $15,715,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. Demars Financial Group LLC lifted its position in Intel by 1.7% in the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after buying an additional 125 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after buying an additional 127 shares during the period. Signature Resources Capital Management LLC increased its position in shares of Intel by 21.5% during the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after acquiring an additional 147 shares during the last quarter. Defined Wealth Management LLC raised its stake in shares of Intel by 2.0% in the 1st quarter. Defined Wealth Management LLC now owns 7,576 shares of the chip maker’s stock valued at $334,000 after acquiring an additional 149 shares during the period. Finally, Essex Bank raised its stake in shares of Intel by 1.6% in the 1st quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock valued at $457,000 after acquiring an additional 162 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated 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 $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on INTC shares. HSBC reaffirmed a “buy” rating and set a $200.00 price objective on shares of Intel in a research report on Thursday, July 2nd. UBS Group set a $115.00 target price on Intel in a research report on Thursday, July 16th. Cantor Fitzgerald upped their price target on Intel from $90.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Oppenheimer began coverage on Intel in a research report on Thursday, June 11th. They set an “outperform” rating for the company. Finally, Benchmark lifted their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and an average target price of $102.77.

Intel Stock Performance

NASDAQ:INTC opened at $105.45 on Wednesday. The company has a fifty day simple moving average of $116.84 and a two-hundred day simple moving average of $77.08. The company has a market cap of $529.99 billion, a price-to-earnings ratio of -170.08 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to analyst estimates 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 was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts anticipate that Intel Corporation will post 0.64 earnings per share for the current fiscal year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: RBC and other bullish previews said Intel could beat Q2 revenue expectations, helped by stronger server demand and improving data center momentum. Intel Jumps 6% on RBC’s Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as the Chip Rally Resumes
• Positive Sentiment: Intel’s foundry business landed Fortinet as its first named customer under CEO Lip-Bu Tan, a win that supports the turnaround story and signals outside interest in Intel’s manufacturing capabilities. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
• Positive Sentiment: Intel also announced a Fortinet partnership on security chips and reported progress tied to memory upgrades, Google Cloud AI expansion, and restructuring, which added to the pre-earnings rally. Intel Stock (NASDAQ:INTC) Blasts Up After Fortinet Team-Up
• Positive Sentiment: Chip stocks broadly rebounded, and Intel was one of the leaders as investors rotated back into semiconductors after the recent selloff. Chip Stocks Extend Rebound on Tuesday as Nvidia, AMD, SNDK, Micron, and Intel Rise. Here’s Why
• Neutral Sentiment: Intel faces a large implied post-earnings move, showing traders expect a meaningful reaction either way after results. Intel Could Swing $61.4 Billion in Value After Earnings This Week
• Negative Sentiment: Some analysts warned the stock’s valuation is stretched and that sentiment could overwhelm even solid earnings, especially if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
• Negative Sentiment: Reports of fresh layoffs in Intel’s data center and AI unit underscore the ongoing turnaround effort and suggest management is still making tough cuts to improve efficiency. Intel Launches Fresh Layoffs in Data Center and AI Unit Ahead of Earnings as Lip-Bu Tan Pushes Turnaround Strategy

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.