Polar Capital Holdings Plc Buys Shares of 2,741,222 Intel Corporation $INTC

Polar Capital Holdings Plc purchased a new position in shares of Intel Corporation (NASDAQ:INTC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,741,222 shares of the chip maker’s stock, valued at approximately $101,151,000.

Several other institutional investors have also recently made changes to their positions in INTC. Norges Bank purchased a new position in shares of Intel in the 4th quarter valued at about $2,233,159,000. Capital World Investors increased its stake in shares of Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after buying an additional 21,230,715 shares during the period. Capital Research Global Investors increased its stake in shares of Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after buying an additional 19,722,010 shares during the period. Vanguard Group Inc. raised its holdings in Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley lifted its stake in Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Scotiabank assumed coverage on shares of Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating on the stock. Rosenblatt Securities boosted their target price on shares of Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their target price on Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a report on Friday, April 24th. DA Davidson increased their target price on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Benchmark raised their price target on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $85.98.

Insider Activity

In related 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 value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, 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 the SEC website. 0.05% of the stock is currently owned by company insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its advanced 18A-P manufacturing node has entered risk production, signaling progress toward attracting outside foundry customers and improving the company’s turnaround prospects. Intel takes a major step toward turning around a business that’s bleeding cash
• Positive Sentiment: Intel’s 18A-P update also highlighted better performance, lower power use, and improved thermal characteristics, which should strengthen its competitiveness in AI and server chips. Intel begins production of anticipated 18A-P chips, as AI continues to drive CPU demand
• Positive Sentiment: Broad investor optimism around Intel’s comeback, foundry potential, and AI-related CPU demand is helping the stock stay in focus after its strong recent rally. Next Stop For Intel Stock (NASDAQ:INTC): $5 Trillion?

Intel Trading Down 8.5%

NASDAQ INTC opened at $117.05 on Wednesday. The firm’s fifty day moving average price is $98.06 and its 200 day moving average price is $62.96. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company has a market capitalization of $588.29 billion, a price-to-earnings ratio of -188.79 and a beta of 2.21.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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.