North Dakota State Investment Board Purchases New Position in Intel Corporation $INTC

North Dakota State Investment Board purchased a new stake in Intel Corporation (NASDAQ:INTC) in the fourth quarter, HoldingsChannel reports. The fund purchased 149,868 shares of the chip maker’s stock, valued at approximately $5,530,000.

A number of other institutional investors have also recently made changes to their positions in the business. Winch Advisory Services LLC lifted its holdings in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after acquiring an additional 213 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in shares of Intel by 2.1% in the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock valued at $398,000 after acquiring an additional 223 shares during the last quarter. Successful Portfolios LLC lifted its holdings in shares of Intel by 2.6% in the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock valued at $322,000 after acquiring an additional 223 shares during the last quarter. Orca Investment Management LLC lifted its holdings in shares of Intel by 0.5% in the 4th quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker’s stock valued at $1,871,000 after acquiring an additional 229 shares during the last quarter. Finally, Jeppson Wealth Management LLC lifted its holdings in shares of Intel by 1.1% in the 4th quarter. Jeppson Wealth Management LLC now owns 21,236 shares of the chip maker’s stock valued at $784,000 after acquiring an additional 229 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on INTC shares. BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target for the company in a report on Tuesday, April 21st. DA Davidson raised their price objective on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Benchmark raised their price objective on shares of Intel from $76.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Susquehanna raised their price objective on shares of Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Northland Securities raised their price objective on shares of Intel from $54.00 to $92.00 and gave the stock an “outperform” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $77.38.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced it is the official compute partner of McLaren Racing, adding another visible partnership that showcases its chips in high-performance, real-world workloads. Article Title
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Intel, suggesting some analysts see the turnaround improving. Article Title
• Neutral Sentiment: Intel continues to be featured in bullish AI and infrastructure narratives, including reports tied to Apple, Tesla’s Terafab project, and Intel’s role in AI compute builds, which support the long-term thesis but do not offset near-term caution. Article Title
• Negative Sentiment: Multiple reports say Intel is being hit by a broad semiconductor pullback as Treasury yields rise and investors rotate out of high-flying AI stocks. Article Title
• Negative Sentiment: Analysts and market commentary continue to warn that Intel is losing server CPU market share to AMD and Arm, raising concerns about its competitive position in AI data centers. Article Title
• Negative Sentiment: Several articles framed Intel’s rally as overextended, with profit-taking and “AI bubble” worries triggering a sharp reversal in chip stocks. Article Title

Intel Stock Performance

Shares of NASDAQ:INTC opened at $108.77 on Monday. The firm has a market cap of $546.68 billion, a PE ratio of -175.43 and a beta of 2.18. The firm’s 50 day simple moving average is $67.51 and its 200-day simple moving average is $50.91. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. 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 issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by 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.