Kornitzer Capital Management Inc. KS Lowers Stock Holdings in Intel Corporation $INTC

Kornitzer Capital Management Inc. KS reduced its holdings in Intel Corporation (NASDAQ:INTC) by 58.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,224 shares of the chip maker’s stock after selling 113,170 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Intel were worth $2,725,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in INTC. Vanguard Group Inc. grew its stake in Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after acquiring an additional 8,513,298 shares during the period. State Street Corp grew its position in Intel by 1.6% in the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock worth $4,561,035,000 after acquiring an additional 3,168,824 shares during the period. Geode Capital Management LLC increased its stake in Intel by 1.8% during the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the last quarter. Primecap Management Co. CA raised its position in Intel by 4.3% in the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock valued at $1,798,679,000 after purchasing an additional 3,313,890 shares during the period. Finally, Norges Bank acquired a new position in shares of Intel in the 2nd quarter valued at $1,579,378,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INTC. Wedbush restated a “neutral” rating and issued a $30.00 price objective on shares of Intel in a report on Tuesday, January 20th. Morgan Stanley lifted their price target on shares of Intel from $38.00 to $41.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. DZ Bank restated a “sell” rating on shares of Intel in a report on Monday. Barclays set a $45.00 price objective on shares of Intel in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada cut their target price on Intel from $50.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $45.20.

Intel Trading Up 3.4%

NASDAQ INTC opened at $43.93 on Wednesday. The firm’s fifty day moving average is $40.58 and its two-hundred day moving average is $33.36. Intel Corporation has a one year low of $17.67 and a one year high of $54.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.65 and a current ratio of 2.02. The firm has a market cap of $219.43 billion, a PE ratio of -549.06, a P/E/G ratio of 8.83 and a beta of 1.35.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.The firm had revenue of $13.67 billion for the quarter, compared to analyst estimates of $13.37 billion. During the same quarter last year, the company posted $0.13 earnings per share. The business’s revenue was down 4.2% on a year-over-year basis. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. Analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Company insider buying — EVP/CFO David Zinsner bought 5,882 shares (~$42.50 avg), a visible vote of confidence from management that can support sentiment and attract value buyers. Read More.
• Positive Sentiment: Analyst support and higher targets — New Street raised its target to $50 and Citic upgraded Intel to Buy with a ~$60.30 target, drawing attention from institutional/long-only buyers after the post‑earnings sell-off. Read More. Read More.
• Positive Sentiment: Underlying beat and balance‑sheet strength — Intel beat Q4 revenue and EPS consensus, has a large cash position (cited ~ $37B), and is prioritizing high‑margin data‑center/AI customers, arguments used by commentators who say the sell‑off may be an overreaction. Read More.
• Neutral Sentiment: Sector tailwinds — broader chip/AI demand and positive industry earnings (Texas Instruments, ASML cited) are supporting semiconductor stocks generally, which helps Intel but doesn’t remove company‑specific execution risk. Read More.
• Neutral Sentiment: Employee/PR item — Intel will match a $1,000 government contribution to employees’ children; positive for morale/PR but limited market impact. Read More.
• Negative Sentiment: Guidance shortfall and supply constraints — management set Q1 guidance below Street expectations and disclosed depleted buffer inventory and ongoing yield ramp issues on advanced nodes; this is the primary reason for the recent sharp sell‑off and remains an active risk until production capacity and yields recover. Read More.
• Negative Sentiment: Bearish commentary/valuation concerns — multiple articles and some analysts argue execution and foundry competitiveness are unresolved, with downside scenarios discussed (some commentary cites possible lower price targets). Read More.
• Negative Sentiment: Sell ratings and credibility flags — a DZ Bank sell reiteration and mentions of accounting/auditor disputes add extra caution to sentiment while scrutiny is elevated. Read More.

Insider Buying and Selling at Intel

In related news, EVP David Zinsner purchased 5,882 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was acquired at an average price of $42.50 per share, for a total transaction of $249,985.00. Following the acquisition, the executive vice president directly owned 247,392 shares of the company’s stock, valued at $10,514,160. This trade represents a 2.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.04% of the stock is currently owned by company insiders.

Intel Company 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.