Sumitomo Mitsui Trust Group Inc. Sells 519,870 Shares of Intel Corporation $INTC

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of Intel Corporation (NASDAQ:INTC) by 4.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,142,706 shares of the chip maker’s stock after selling 519,870 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Intel were worth $491,728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Financially Speaking Inc raised its holdings in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners purchased a new stake in shares of Intel during the first quarter worth $25,000. Legacy Bridge LLC bought a new position in shares of Intel in the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel in the fourth quarter worth $29,000. Finally, Swiss RE Ltd. purchased a new position in shares of Intel in the fourth quarter valued at $29,000. 64.53% of the stock is owned by institutional investors.

Intel Trading Down 0.1%

Shares of INTC stock opened at $110.24 on Thursday. The company has a market capitalization of $554.07 billion, a PE ratio of -177.80 and a beta of 2.18. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $142.35. The business’s fifty day moving average is $117.81 and its 200 day moving average is $72.84. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during 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 firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts anticipate that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’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 completion of the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on INTC. Sanford C. Bernstein reiterated a “market perform” rating and set a $100.00 price objective on shares of Intel in a research note on Wednesday, June 17th. BTIG Research upgraded Intel from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Scotiabank initiated coverage on Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating on the stock. Finally, Oppenheimer assumed coverage on shares of Intel in a report on Thursday, June 11th. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Intel currently has a consensus rating of “Hold” and an average target price of $96.69.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s upcoming quarterly report could benefit from strong demand for server CPUs used in AI data centers, and some analysts argue the company may beat expectations if pricing remains firm. Should You Buy Intel Stock Before July 23?
• Positive Sentiment: HSBC reiterated an especially bullish view on Intel (INTC), pointing to upside from server chips and the foundry business, with a Street-high price target that signals confidence in longer-term growth. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish thesis says Intel’s foundry and advanced-node progress could support a longer-lasting turnaround, with investors watching for proof points from 18A production and July earnings. Stacking Chips: The Hidden Supply Shock Fueling Intel
• Neutral Sentiment: Intel remains one of the most closely watched AI-semiconductor names, so upbeat commentary and price-target chatter are keeping trading active even as investors wait for hard financial evidence. Intel Corporation (INTC) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: The stock was hit by a broad semiconductor selloff tied to AI valuation concerns, with traders taking profits after a strong run and dumping chip stocks across the group. Intel Drops as Chip Selloff Deepens on AI Valuation Concerns
• Negative Sentiment: Coverage also highlighted pressure on Intel from the broader chip rout, with Samsung’s strong report ironically worsening fears that AI optimism may already be priced in. Intel stock is currently trading at a level not seen even during the dot-com bubble

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.