Intel Corporation $INTC Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 56.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 326,716 shares of the chip maker’s stock after purchasing an additional 118,300 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Intel were worth $10,961,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in INTC. Norges Bank acquired a new position in shares of Intel in the second quarter worth about $1,579,378,000. AQR Capital Management LLC increased its stake in shares of Intel by 210.9% in the 2nd quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker’s stock valued at $346,230,000 after purchasing an additional 10,514,007 shares in the last quarter. Vanguard Group Inc. raised its holdings in Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock worth $8,644,244,000 after purchasing an additional 8,513,298 shares during the period. Rafferty Asset Management LLC raised its holdings in Intel by 66.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock worth $434,489,000 after purchasing an additional 7,736,635 shares during the period. Finally, Amundi boosted its position in Intel by 16.2% during the second quarter. Amundi now owns 43,995,698 shares of the chip maker’s stock worth $962,626,000 after purchasing an additional 6,117,601 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on INTC. KeyCorp upped their target price on Intel from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Rosenblatt Securities upped their price objective on shares of Intel from $25.00 to $30.00 and gave the stock a “sell” rating in a research report on Friday, January 23rd. Citic Securities raised shares of Intel from a “hold” rating to a “buy” rating and increased their price objective for the company from $38.90 to $60.30 in a report on Monday, January 26th. Barclays set a $45.00 target price on shares of Intel in a research note on Thursday, January 15th. Finally, HSBC raised shares of Intel from a “reduce” rating to a “hold” rating and raised their price target for the company from $26.00 to $50.00 in a research note on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $45.76.

Intel Stock Down 1.3%

Shares of NASDAQ INTC opened at $48.60 on Thursday. The stock has a market cap of $242.76 billion, a PE ratio of -607.42, a P/E/G ratio of 15.90 and a beta of 1.38. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.35. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $54.60. The company has a 50-day moving average of $42.16 and a 200 day moving average of $34.35.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.The business had revenue of $13.67 billion for the quarter, compared to analysts’ expectations of $13.37 billion. During the same period in the previous year, the firm posted $0.13 EPS. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel hired GPU lead talent (Eric Demers) and the CEO reiterated plans to build GPUs — a direct push into the high‑growth AI accelerator market that expands Intel’s TAM beyond CPUs. Intel taps Qualcomm senior engineer Eric Demers to lead GPU development
• Positive Sentiment: Intel announced a partnership with SoftBank’s Saimemory to develop next‑gen memory for AI/data centers — could strengthen its AI server roadmap and address memory bottlenecks over the medium term. SoftBank subsidiary to work with Intel on next‑gen memory for AI
• Positive Sentiment: Analyst support has picked up (Daiwa raised its price target), adding validation to recent momentum and giving investors a near‑term valuation cushion. Daiwa Securities adjusts price target on Intel to $50 from $41
• Positive Sentiment: Product update — Intel introduced Xeon 600 processors aimed at high‑end workstations/AI workloads; this supports the server roadmap and could improve revenue mix if adopted. Intel Introduces XEON 600 Processors
• Neutral Sentiment: Intel presented at its Second Annual AI Summit (transcript released) — helpful for monitoring roadmaps/timelines but not an immediate earnings catalyst. Intel Presents at Second Annual AI Summit Transcript
• Negative Sentiment: An Intel EVP (Boise April Miller) sold 20,000 shares (~$981k) last week — insider selling often prompts short‑term investor caution even if not unusual. Form 4 Insider Sale
• Negative Sentiment: Analyst caution / downgrade risk — some coverage points to underwhelming post‑earnings guidance, margin pressure and a foundry business still lacking an anchor customer; these execution risks could cap upside if momentum stalls. Intel Stock Could Be In For A Reckoning (Rating Downgrade)
• Negative Sentiment: Some early market takes say new Xeon parts haven’t moved the needle yet — headlines like this create short‑term pressure until product wins appear in bookings. Intel Stock Slips as Xeon 600 Processors Prove Little Help

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 20,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $49.05, for a total transaction of $981,000.00. Following the transaction, the executive vice president owned 113,060 shares of the company’s stock, valued at approximately $5,545,593. The trade was a 15.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David Zinsner acquired 5,882 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were purchased at an average price of $42.50 per share, with a total value of $249,985.00. Following the completion of the transaction, the executive vice president owned 247,392 shares of the company’s stock, valued at $10,514,160. The trade was a 2.44% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.04% of the stock is 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.