Victory Capital Management Inc. Sells 13,891 Shares of Intel Corporation $INTC

Victory Capital Management Inc. lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 0.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,183,024 shares of the chip maker’s stock after selling 13,891 shares during the period. Victory Capital Management Inc.’s holdings in Intel were worth $106,790,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. CI Investments Inc. raised its holdings in shares of Intel by 3,428.8% during the third quarter. CI Investments Inc. now owns 799,884 shares of the chip maker’s stock valued at $26,836,000 after purchasing an additional 777,217 shares during the last quarter. Blueprint Investment Partners LLC bought a new stake in Intel in the 3rd quarter worth approximately $343,000. Focus Partners Advisor Solutions LLC raised its stake in Intel by 52.1% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 172,480 shares of the chip maker’s stock valued at $6,287,000 after buying an additional 59,055 shares during the last quarter. Family Wealth Partners LLC bought a new position in shares of Intel during the 3rd quarter valued at $236,000. Finally, Lumbard & Kellner LLC purchased a new position in shares of Intel in the 3rd quarter worth $356,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on INTC shares. UBS Group set a $51.00 target price on Intel in a report on Monday, February 2nd. DA Davidson upgraded shares of Intel to a “hold” rating in a research report on Friday, February 13th. Citigroup dropped their price target on shares of Intel from $50.00 to $48.00 and set a “neutral” rating on the stock in a research note on Friday, January 23rd. Tigress Financial restated a “buy” rating and issued a $66.00 price objective on shares of Intel in a research note on Wednesday, January 28th. Finally, Barclays set a $45.00 target price on Intel in a report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $45.74.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CFO highlighted faster-than-expected progress on the critical 18A node and gave encouraging ramp/capacity commentary at a tech conference, supporting optimism about future server and AI-related revenue. Why Intel Rallied Today
• Positive Sentiment: Management (CFO/CEO) signaled Intel is reconsidering commercial opportunities for its 18A manufacturing tech (opening the door to external foundry/contract business), which could boost long-term revenue and capacity utilization if executed. Intel CEO Lip-Bu Tan reconsidering fate of chipmaker’s 18A manufacturing tech, CFO says
• Positive Sentiment: Market reports cite strong server demand and capacity commentary as a near-term revenue tailwind for Intel, supporting upside to data-center sales. Intel stock jumps on strong server demand, capacity comments
• Neutral Sentiment: Board leadership is changing: long-time chair Frank Yeary will depart and Craig Barratt was named successor — a governance transition that reduces uncertainty about succession but is not an immediate earnings driver. Intel board chair Frank Yeary to depart
• Negative Sentiment: A bipartisan group of U.S. lawmakers has raised national-security concerns about Intel’s testing of chipmaking tools linked to a blacklisted Chinese firm (ACM Research). That scrutiny could lead to regulatory reviews, reputational risk, or constraints on certain supplier relationships. US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm Lawmakers Question Intel’s Use of Tools From Blacklisted Chinese Firm

Intel Stock Up 5.8%

NASDAQ INTC opened at $45.58 on Thursday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $54.60. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.35. The stock has a market cap of $227.67 billion, a PE ratio of -569.68, a P/E/G ratio of 15.97 and a beta of 1.37. The stock’s 50 day moving average is $45.13 and its 200 day moving average is $37.85.

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

Insiders Place Their Bets

In other news, EVP Boise April Miller sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $49.05, for a total transaction of $981,000.00. Following the completion of the transaction, the executive vice president owned 113,060 shares in the company, valued at $5,545,593. This trade represents a 15.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP David Zinsner purchased 5,882 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were purchased at an average cost of $42.50 per share, with a total value of $249,985.00. Following the completion of the purchase, the executive vice president owned 247,392 shares of the company’s stock, valued at $10,514,160. The trade was a 2.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.04% of the company’s stock.

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.