14,300 Intel Corporation $INTC Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. grew its stake in shares of Intel Corporation (NASDAQ:INTC) by 1.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,293,848 shares of the chip maker’s stock after purchasing an additional 14,300 shares during the quarter. Intel accounts for 1.1% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 17th largest position. Mn Services Vermogensbeheer B.V.’s holdings in Intel were worth $155,559,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA purchased a new stake in Intel in the second quarter worth about $10,507,291,000. Invesco Ltd. raised its holdings in shares of Intel by 4.1% in the 4th quarter. Invesco Ltd. now owns 49,597,201 shares of the chip maker’s stock valued at $1,830,137,000 after purchasing an additional 1,938,277 shares in the last quarter. Amundi raised its stake in Intel by 14.9% in the first quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock worth $1,719,710,000 after buying an additional 5,045,936 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Intel by 35.7% during the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on INTC shares. Truist Financial raised their price objective on Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. Mizuho upped their price target on shares of Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday. Tigress Financial lifted their target price on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a research report on Monday, September 21st. Finally, HC Wainwright set a $150.00 price target on shares of Intel in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $109.06.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel remains involved in Musk’s Terafab initiative, according to CEO Lip-Bu Tan, although Tesla and SpaceX are expected to operate the project. This eases concerns that Intel could be excluded entirely. Intel to keep working on Musk’s Terafab chipmaking venture
• Positive Sentiment: Anaconda expanded its collaboration with Intel, making Intel-optimized AI, machine-learning and Python packages easier to access through the conda ecosystem. The companies said downloads have surpassed 500 million, supporting Intel’s software and enterprise-AI ecosystem. Anaconda expands collaboration with Intel
• Positive Sentiment: Intel’s high-NA EUV manufacturing progress and growing foundry capabilities continue to support the turnaround thesis. However, investors are now focused on attracting customers, increasing utilization and generating acceptable returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Neutral Sentiment: Intel is scheduled to report third-quarter results on October 29. Investors are likely to emphasize adjusted gross margin and profitability, rather than revenue alone, after the company exceeded its prior revenue outlook while guiding to roughly 42% gross margin. The number that will move Intel stock in October isn’t revenue
• Negative Sentiment: Potential involvement by Taiwan Semiconductor Manufacturing in Terafab threatens to dilute Intel’s previously expected strategic role, raising concerns about the value of the project as a foundry catalyst. TSMC could partner with Elon Musk’s Terafab
• Negative Sentiment: The broader market backdrop was unfavorable for high-growth technology stocks: higher energy prices and bond yields increased inflation and interest-rate concerns, pressuring Intel alongside AMD and other chipmakers. The stock also appeared vulnerable to valuation-related profit-taking after its sharp advance. Why Intel and AMD stocks are plunging

Intel Stock Down 5.3%

Intel stock opened at $107.08 on Friday. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a 50 day moving average price of $102.90 and a 200 day moving average price of $99.42. The company has a market capitalization of $540.11 billion, a PE ratio of -50.75, a price-to-earnings-growth ratio of 12.07 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period last year, the business posted ($0.10) earnings per share. The company’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts expect that Intel Corporation will post 1.04 earnings per share for the current year.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.