Swedbank AB Cuts Holdings in Intel Corporation $INTC

Swedbank AB reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 11.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 5,910,942 shares of the chip maker’s stock after selling 792,082 shares during the period. Swedbank AB’s holdings in Intel were worth $260,850,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Intel by 3.5% in 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 holdings in Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after acquiring an additional 5,714,400 shares in the last quarter. Capital World Investors increased its position in Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC raised its holdings in Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Down 10.8%

Shares of Intel stock traded down $13.19 on Tuesday, reaching $109.01. The company’s stock had a trading volume of 62,906,014 shares, compared to its average volume of 121,305,219. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35. The firm’s fifty day simple moving average is $116.74 and its two-hundred day simple moving average is $71.80. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $547.87 billion, a price-to-earnings ratio of -175.82 and a beta of 2.18.

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

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of research analyst reports. Cantor Fitzgerald upped their target price on Intel from $90.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Wells Fargo & Company increased their price objective on Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Mizuho set a $135.00 target price on shares of Intel in a research report on Sunday, June 21st. DA Davidson increased their price target on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $96.69.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC reportedly boosted Intel (INTC) to a Street-high $200 price target, saying the company could benefit from stronger server-chip sales and progress in its foundry turnaround.
• Positive Sentiment: Intel’s AI and data-center positioning remains a key long-term bullish driver, with recent commentary pointing to new processor innovation and improving investor confidence in the turnaround story.
• Neutral Sentiment: Intel’s upcoming earnings report is being watched as a potential catalyst, with investors looking for updates on pricing, margins, and customer commitments tied to the 18A process.
• Negative Sentiment: The semiconductor sector sold off broadly after Samsung’s report failed to calm AI-related concerns, pressuring Intel (INTC) along with Micron, AMD, and other chip names as traders reassessed the sustainability of the AI rally.
• Negative Sentiment: Several reports noted that Intel had become extended after a sharp recent rally, making it vulnerable to profit-taking when investors rotated out of high-flying AI stocks.

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.