Parallel Advisors LLC Boosts Holdings in Intel Corporation $INTC

Parallel Advisors LLC lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 8.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,975 shares of the chip maker’s stock after purchasing an additional 6,434 shares during the period. Parallel Advisors LLC’s holdings in Intel were worth $3,794,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the period. State Street Corp boosted its position in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares during the last quarter. Capital World Investors grew its stake in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Intel

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

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Several reports say Intel could beat Q2 expectations, helped by stronger server demand, better pricing, and improving margin trends. Wedbush also highlighted upside from guidance and operational recovery. Intel positioned for earnings upside as Wedbush highlights server demand and margin recovery
• Positive Sentiment: Intel is also getting a boost from signs of progress in its turnaround, including reports of new layoff plans, improved manufacturing execution, and ASML confirming Intel Foundry is using its lithography machines. INTC Stock Prepares for Liftoff as ASML Confirms ‘Intel Foundry Is Now Using Its Lithography Machines’
• Positive Sentiment: Investors are also betting on a large earnings-driven move, with unusually heavy options volume indicating expectations for volatility and potentially meaningful upside if results impress. Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
• Neutral Sentiment: Wall Street expects Intel to report around $14.42 billion in revenue and roughly $0.21-$0.22 EPS, so the market is focused on whether the company can confirm that recent turnaround momentum is sustainable. Should You Add Intel Stock to Your Portfolio Ahead of Q2 Earnings?
• Negative Sentiment: Despite the recent bounce, sentiment remains fragile after a sharp pullback from recent highs, and some analysts warn that the stock’s valuation leaves it exposed if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
• Negative Sentiment: There are also technical and broader sector headwinds: bearish chart patterns, a weak semiconductor backdrop, and concern that the AI-driven chip rally may be losing momentum. Intel Stock Forms an Alarming Pattern as Earnings Loom

Intel Stock Up 2.1%

Shares of Intel stock opened at $97.06 on Tuesday. The business has a 50-day moving average price of $117.14 and a 200 day moving average price of $76.60. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The firm has a market cap of $487.82 billion, a P/E ratio of -156.55 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same quarter last year, the firm earned $0.13 EPS. The business’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts forecast that Intel Corporation will post 0.65 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. KGI Securities downgraded Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price target for the company. in a report on Monday, April 20th. Arete Research lifted their price objective on Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Jefferies Financial Group assumed coverage on Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. New Street Research increased their target price on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $100.00 price target on shares of Intel in a research report on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $102.77.

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.