Van ECK Associates Corp Trims Stock Holdings in Intel Corporation $INTC

Van ECK Associates Corp trimmed its position in Intel Corporation (NASDAQ:INTC) by 13.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 48,059,019 shares of the chip maker’s stock after selling 7,462,722 shares during the period. Intel comprises 1.5% of Van ECK Associates Corp’s investment portfolio, making the stock its 15th largest position. Van ECK Associates Corp’s holdings in Intel were worth $1,773,378,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avanda Investment Management Pte. Ltd. purchased a new stake in Intel in the fourth quarter worth $742,000. Royal London Asset Management Ltd. grew its stake in Intel by 38.0% in the fourth quarter. Royal London Asset Management Ltd. now owns 4,586,209 shares of the chip maker’s stock worth $169,231,000 after purchasing an additional 1,263,283 shares during the period. Victory Capital Management Inc. grew its stake in Intel by 4.8% in the fourth quarter. Victory Capital Management Inc. now owns 3,334,330 shares of the chip maker’s stock worth $123,037,000 after purchasing an additional 151,306 shares during the period. Ieq Capital LLC grew its stake in Intel by 2.1% in the fourth quarter. Ieq Capital LLC now owns 2,274,268 shares of the chip maker’s stock worth $83,920,000 after purchasing an additional 47,504 shares during the period. Finally, First National Bank of Omaha purchased a new stake in Intel in the fourth quarter worth $203,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Intel Trading Up 6.5%

NASDAQ INTC opened at $124.57 on Friday. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The stock has a market cap of $626.09 billion, a P/E ratio of -200.92 and a beta of 2.21. The stock’s fifty day moving average price is $95.17 and its 200-day moving average price is $61.56. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior 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 forecast that Intel Corporation will post 0.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on INTC. Benchmark upped their price target on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. KeyCorp upped their price target on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Morgan Stanley cut Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday. BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Tuesday, April 21st. Finally, Jefferies Financial Group initiated coverage on Intel in a research note on Thursday. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $87.31.

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.