E. Ohman J or Asset Management AB Decreases Holdings in Intel Corporation $INTC

E. Ohman J or Asset Management AB reduced its holdings in shares of Intel Corporation (NASDAQ:INTC) by 3.9% in the 1st quarter, HoldingsChannel reports. The fund owned 200,246 shares of the chip maker’s stock after selling 8,200 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Intel were worth $8,837,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Financially Speaking Inc raised its position in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares in the last quarter. Legacy Bridge LLC acquired a new position in Intel in the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. acquired a new position in Intel in the fourth quarter valued at approximately $29,000. Swiss RE Ltd. acquired a new position in Intel in the fourth quarter valued at approximately $29,000. Finally, Osbon Capital Management LLC purchased a new position in Intel in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on 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 directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Intel Price Performance

Shares of INTC opened at $133.99 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $135.48. The firm has a 50-day simple moving average of $102.59 and a 200-day simple moving average of $64.69. The company has a market capitalization of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on INTC. Piper Sandler initiated coverage on shares of Intel in a report on Thursday, June 11th. They set a “neutral” rating on the stock. Roth Mkm upgraded shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 target price for the company in a report on Friday, April 24th. Mizuho increased their target price on shares of Intel from $124.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Susquehanna lifted their price target on shares of Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Cantor Fitzgerald lifted their price target on shares of Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.09.

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.