QRG Capital Management Inc. Increases Holdings in Intel Corporation $INTC

QRG Capital Management Inc. grew its holdings in shares of Intel Corporation (NASDAQ:INTC) by 25.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 375,833 shares of the chip maker’s stock after buying an additional 76,292 shares during the quarter. QRG Capital Management Inc.’s holdings in Intel were worth $13,868,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Legacy Bridge LLC purchased a new stake in shares of Intel during the 4th quarter valued at about $26,000. Corundum Trust Company INC bought a new position in Intel during the 3rd quarter valued at about $29,000. Raleigh Capital Management Inc. bought a new position in Intel during the 4th quarter valued at about $29,000. Provenance Wealth Advisors LLC grew its holdings in Intel by 89.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 446 shares during the last quarter. Finally, Strengthening Families & Communities LLC bought a new position in Intel during the 3rd quarter valued at about $33,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of INTC stock opened at $108.20 on Wednesday. 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 $543.79 billion, a P/E ratio of -174.51 and a beta of 2.18. The company’s 50-day simple moving average is $55.90 and its two-hundred day simple moving average is $46.41. Intel Corporation has a one year low of $18.97 and a one year high of $110.48.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Apple foundry/customer talk — Reports that Apple has explored using Intel to produce device processors lifted hopes for a major new external customer and tangible foundry demand. Read More.
• Positive Sentiment: Terafab partnership/visibility — Coverage on Intel’s role with Elon Musk’s Terafab and other AI supply-chain wins reinforced the narrative Intel can capture new manufacturing/AI opportunities. Read More.
• Positive Sentiment: SambaNova/AI deal de‑risk — Regulatory clearance around Intel’s SambaNova-related investment removes an antitrust overhang and supports the company’s AI‑accelerator strategy. Read More.
• Positive Sentiment: Leadership hire — Hiring Alex Katouzian from Qualcomm to run Client/Physical AI signals experienced management to execute on PC/edge AI opportunities. Read More.
• Neutral Sentiment: AI sector tailwind and macro — A broader AI-driven rally (S&P/Nasdaq records) and heavy options activity in semiconductors amplified momentum but are market‑wide factors rather than Intel‑specific catalysts. Read More.
• Neutral Sentiment: Analyst coverage is mixed — Some firms raised targets on turnaround hopes while others kept conservative stances; these notes provide context but no single consensus boost. Read More.
• Negative Sentiment: Insider sale disclosed — An EVP sold ~40k shares (~$4M), which can be cited by traders as a signal to take profits or add short‑term selling pressure. Read More.
• Negative Sentiment: Valuation/momentum concerns — After a massive rally, several outlets warn the move may be overextended and that profit‑taking or a re‑rating risk remains; RBC’s neutral $80 target also implies downside from elevated levels. Read More. Read More.

Analyst Upgrades and Downgrades

Several brokerages recently commented on INTC. Royal Bank Of Canada reiterated a “neutral” rating and set a $80.00 price target on shares of Intel in a report on Monday. Wall Street Zen upgraded shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Intel from $45.00 to $63.00 and gave the company a “hold” rating in a report on Friday, April 24th. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. Finally, Northland Securities upped their price target on shares of Intel from $54.00 to $92.00 and gave the company an “outperform” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $74.47.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on 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 sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

About Intel

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.