Cidel Asset Management Inc. Has $3.11 Million Stock Position in Intel Corporation $INTC

Cidel Asset Management Inc. cut its holdings in shares of Intel Corporation (NASDAQ:INTCFree Report) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 84,315 shares of the chip maker’s stock after selling 10,852 shares during the period. Cidel Asset Management Inc.’s holdings in Intel were worth $3,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Intel by 1.3% during the third quarter. Vanguard Group Inc. now owns 390,829,684 shares of the chip maker’s stock worth $13,112,336,000 after buying an additional 4,925,949 shares during the last quarter. State Street Corp boosted its stake in Intel by 1.6% in the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock valued at $4,561,035,000 after acquiring an additional 3,168,824 shares during the last quarter. Capital World Investors boosted its stake in Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Van ECK Associates Corp grew its holdings in Intel by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the period. Finally, Invesco Ltd. raised its position in shares of Intel by 0.7% during the 3rd quarter. Invesco Ltd. now owns 47,658,924 shares of the chip maker’s stock valued at $1,598,957,000 after acquiring an additional 312,485 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. DA Davidson upgraded Intel to a “hold” rating in a research report on Friday, February 13th. Mizuho set a $48.00 price objective on Intel in a report on Friday, January 23rd. Melius Research raised Intel from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research note on Monday, January 5th. Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Friday, January 23rd. Finally, Morgan Stanley boosted their target price on Intel from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $45.74.

Read Our Latest Analysis on Intel

Key Intel News

Here are the key news stories impacting Intel this week:

Intel Price Performance

NASDAQ INTC opened at $50.38 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.65 and a current ratio of 2.02. The stock has a market cap of $251.65 billion, a price-to-earnings ratio of -629.67, a PEG ratio of 21.18 and a beta of 1.35. The business has a 50 day simple moving average of $46.12 and a 200 day simple moving average of $41.21. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $54.60.

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

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 20,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $49.05, for a total value of $981,000.00. Following the sale, the executive vice president directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP David Zinsner bought 5,882 shares of the stock in a transaction 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 acquisition, the executive vice president owned 247,392 shares in the company, valued at approximately $10,514,160. This represents a 2.44% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.04% of the company’s stock.

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.

See Also

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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