New York State Common Retirement Fund Sells 217,400 Shares of Intel Corporation $INTC

New York State Common Retirement Fund lowered its position in shares of Intel Corporation (NASDAQ:INTC) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,050,573 shares of the chip maker’s stock after selling 217,400 shares during the quarter. New York State Common Retirement Fund owned about 0.12% of Intel worth $169,447,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of INTC. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Intel during the 2nd quarter valued at $28,000. Corundum Trust Company INC purchased a new stake in Intel in the 3rd quarter valued at $29,000. Eukles Asset Management lifted its position in shares of Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock valued at $31,000 after purchasing an additional 500 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Intel during the 3rd quarter worth approximately $34,000. Finally, First Pacific Financial boosted its stake in shares of Intel by 111.8% in the 2nd quarter. First Pacific Financial now owns 1,557 shares of the chip maker’s stock worth $35,000 after buying an additional 822 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

INTC has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their price target on shares of Intel from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, January 16th. Loop Capital upped their price objective on shares of Intel from $40.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, January 15th. Melius Research upgraded Intel from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Monday, January 5th. Wedbush reaffirmed a “neutral” rating and set a $30.00 target price on shares of Intel in a report on Tuesday, January 20th. Finally, Roth Mkm raised their price objective on shares of Intel from $40.00 to $50.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Five analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $45.65.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Insider buy: Intel EVP David Zinsner purchased ~5,882 shares at ~$42.50, signaling management confidence and giving traders a buy cue. Read More.
• Positive Sentiment: Foundry/client rumors: Reports say Nvidia (and possibly Apple-related work) could use Intel foundries or packaging for future GPU production (2028 timelines cited), which would be a material revenue/credibility boost if confirmed. Read More.
• Positive Sentiment: Analyst support & price-target increases: Multiple firms have raised targets or upgraded coverage (New Street, Citic, Tigress/others), drawing value buyers after the recent sell-off. Upgrades lift near-term sentiment. Read More.
• Neutral Sentiment: Sector tailwinds: A broad chip rally (after strong results at Texas Instruments and ASML) is lifting semiconductor peers, helping push INTC higher even when Intel-specific fundamentals remain mixed. Read More.
• Neutral Sentiment: Employee/Govt relations PR: Intel said it will match a government child-payment program for employees — a positive internal PR move but with limited direct impact on earnings. Read More.
• Negative Sentiment: Guidance & supply issues remain the key risk: Management flagged weak near-term guidance, inventory depletion and ramp/yield challenges on advanced nodes — the primary reason for the earlier large sell-off and a tangible drag until execution improves. Read More.
• Negative Sentiment: Analyst skepticism & downside scenarios: Some firms maintain sell ratings or warn shares could reprice materially if foundry wins or yield ramps disappoint; valuation and execution doubts keep downside risk high. Read More.
• Negative Sentiment: Auditor/accounting and sell ratings: DZ Bank reiterated a sell and reports of accounting/auditor disputes add near‑term sentiment risk and could restrain upside until transparency improves. Read More.

Intel Trading Up 11.0%

Shares of INTC opened at $48.78 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.02 and a quick ratio of 1.65. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $54.60. The company has a market capitalization of $243.66 billion, a P/E ratio of -609.67, a P/E/G ratio of 18.41 and a beta of 1.35. The firm’s 50 day simple moving average is $40.85 and its 200 day simple moving average is $33.47.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The firm had revenue of $13.67 billion for 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 business’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.13 EPS. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP David Zinsner purchased 5,882 shares of the stock in a transaction on Monday, January 26th. The shares were acquired at an average price of $42.50 per share, for a total transaction of $249,985.00. Following the completion of the transaction, the executive vice president directly owned 247,392 shares of the company’s stock, valued at approximately $10,514,160. This trade represents a 2.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.04% of the stock is currently owned by corporate insiders.

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.