South Dakota Investment Council Sells 32,800 Shares of Intel Corporation $INTC

South Dakota Investment Council decreased its holdings in Intel Corporation (NASDAQ:INTC) by 10.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 283,549 shares of the chip maker’s stock after selling 32,800 shares during the period. South Dakota Investment Council’s holdings in Intel were worth $9,513,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in Intel during the second quarter valued at approximately $1,579,378,000. AQR Capital Management LLC raised its stake in Intel by 210.9% during the 2nd quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker’s stock valued at $346,230,000 after buying an additional 10,514,007 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Intel by 2.3% during 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 buying an additional 8,513,298 shares during the period. Rafferty Asset Management LLC boosted its stake in shares of Intel by 66.4% in the 2nd 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. Finally, Amundi grew its holdings in shares of Intel by 16.2% in the second quarter. Amundi now owns 43,995,698 shares of the chip maker’s stock worth $962,626,000 after acquiring an additional 6,117,601 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Board leadership change: Intel named Craig Barratt as its new independent chair to replace Frank Yeary, a governance move investors typically view as stabilizing and helpful for execution oversight. Intel board chair Frank Yeary to depart
• Positive Sentiment: Strong recent run and AI tailwinds: Coverage notes INTC has more than doubled over the past year on data-center/AI demand, ASIC wins and AI PC momentum — underlying fundamentals that support medium-term upside if execution continues. Intel Rises 100.5% in a Year: Should You Invest?
• Neutral Sentiment: Analyst and investor commentary is mixed: some bullish pieces highlight Intel’s AI/data-center progress but caution about execution risk — sentiment is supportive but watch for further proof points (earnings, guidance, product cadence). Intel (INTC) Hopes To Continue Surge
• Negative Sentiment: Investor concern about strategic focus and potential capex/roadmap distraction: reports that Intel is exploring steps toward 6G triggered selling as some investors worry about new large-scale investments and timing (could be seen as a distraction from near-term priorities). Intel Stock Plummets as Intel Considers 6G
• Negative Sentiment: Geopolitical and macro headlines weighing on sentiment: broader market/geopolitical volatility has been cited in coverage as a driver of short-term weakness in Intel’s valuation despite recent gains. Why Intel Stock Is Sinking Today
• Negative Sentiment: Competitive pressure: new product moves from rivals (e.g., AMD’s Copilot+ desktop chips and broad AI PC push) raise questions about Intel’s ability to protect share and margin in fast-evolving AI/PC segments. AMD Looks to Displace Intel With World’s First Copilot+ Desktop Chips

Insider Activity at Intel

In other Intel news, EVP Boise April Miller sold 20,000 shares of Intel stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $49.05, for a total value of $981,000.00. Following the sale, the executive vice president directly owned 113,060 shares in the company, valued at approximately $5,545,593. The trade was a 15.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP David Zinsner acquired 5,882 shares of the company’s stock in a transaction on Monday, January 26th. The shares were bought at an average cost of $42.50 per share, with a total value of $249,985.00. Following the acquisition, the executive vice president directly owned 247,392 shares in the company, valued at approximately $10,514,160. The trade was a 2.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on INTC shares. Stifel Nicolaus increased their target price on Intel from $35.00 to $42.00 and gave the company a “hold” rating in a report on Friday, January 23rd. Loop Capital raised their price objective on shares of Intel from $40.00 to $50.00 and gave the stock a “hold” rating in a report on Thursday, January 15th. TD Cowen increased their price target on shares of Intel from $38.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, January 16th. Daiwa Securities Group boosted their price objective on shares of Intel from $41.00 to $50.00 in a research report on Tuesday, February 3rd. Finally, New Street Research lifted their target price on Intel from $40.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday, January 26th. Five investment analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel has a consensus rating of “Reduce” and an average price target of $45.74.

Intel Trading Down 5.3%

Shares of INTC stock opened at $43.10 on Wednesday. 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 stock has a fifty day simple moving average of $44.94 and a two-hundred day simple moving average of $37.80. The firm has a market capitalization of $215.28 billion, a PE ratio of -538.68, a PEG ratio of 16.86 and a beta of 1.37. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $54.60.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $13.37 billion. During the same quarter last year, the business posted $0.13 earnings per share. The firm’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. On average, analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

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.