51,025 Shares in Intel Corporation $INTC Purchased by Connective Portfolio Management LLC

Connective Portfolio Management LLC bought a new stake in shares of Intel Corporation (NASDAQ:INTCFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 51,025 shares of the chip maker’s stock, valued at approximately $1,883,000. Intel comprises about 3.4% of Connective Portfolio Management LLC’s portfolio, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Intel in the second quarter worth approximately $1,579,378,000. Capital World Investors raised its stake in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares during the last quarter. AQR Capital Management LLC lifted its holdings in 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. Van ECK Associates Corp lifted its holdings in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in Intel by 66.4% during 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 last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Intel Trading Up 7.1%

Shares of INTC stock opened at $47.18 on Thursday. 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 twelve month low of $17.67 and a twelve month high of $54.60. The company’s 50-day moving average price is $46.58 and its 200-day moving average price is $40.06. The stock has a market cap of $235.66 billion, a price-to-earnings ratio of -589.68, a PEG ratio of 16.33 and a beta of 1.37.

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on INTC shares. New Street Research increased their target price on shares of Intel from $40.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday, January 26th. Needham & Company LLC restated a “hold” rating on shares of Intel in a research report on Friday, January 23rd. HSBC raised shares of Intel from a “reduce” rating to a “hold” rating and upped their price objective for the company from $26.00 to $50.00 in a research note on Tuesday, January 20th. Wedbush reissued a “neutral” rating and issued a $30.00 target price on shares of Intel in a research note on Tuesday, January 20th. Finally, Evercore boosted their target price on Intel from $41.10 to $45.00 and gave the stock an “in-line” rating in a report on Friday, January 23rd. Five investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $45.74.

Get Our Latest Report on INTC

Insider Buying and Selling

In related news, EVP Boise April Miller sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the completion of the transaction, the executive vice president directly owned 113,060 shares in the company, valued at approximately $5,545,593. This represents a 15.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP David Zinsner bought 5,882 shares of the business’s stock in a transaction on Monday, January 26th. The shares were acquired at an average cost of $42.50 per share, with a total value of $249,985.00. Following the purchase, 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.04% of the stock is owned by company insiders.

Intel Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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