ING Groep NV Sells 1,137,794 Shares of Intel Corporation $INTC

ING Groep NV decreased its position in Intel Corporation (NASDAQ:INTC) by 39.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,750,444 shares of the chip maker’s stock after selling 1,137,794 shares during the quarter. ING Groep NV’s holdings in Intel were worth $64,591,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Winch Advisory Services LLC grew its holdings in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after purchasing an additional 213 shares during the last quarter. Focus Financial Network Inc. lifted its position in Intel by 2.1% during the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock worth $398,000 after buying an additional 223 shares in the last quarter. Successful Portfolios LLC lifted its position in Intel by 2.6% during the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock worth $322,000 after buying an additional 223 shares in the last quarter. Providence Wealth Advisors LLC lifted its position in Intel by 1.7% during the 4th quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock worth $527,000 after buying an additional 225 shares in the last quarter. Finally, Orca Investment Management LLC lifted its position in Intel by 0.5% during the 4th quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker’s stock worth $1,871,000 after buying an additional 229 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Intel stock opened at $99.17 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The company has a market cap of $498.43 billion, a PE ratio of -159.95 and a beta of 2.21. The company’s 50-day moving average is $88.25 and its two-hundred day moving average is $58.80.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the prior year, the company posted $0.13 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. 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.

Analysts Set New Price Targets

Several brokerages recently issued reports on INTC. Morgan Stanley upped their price target on shares of Intel from $56.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Bank of America upped their price target on shares of Intel from $48.00 to $56.00 and gave the stock an “underperform” rating in a research report on Friday, April 24th. Northland Securities downgraded shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Friday, April 24th. Finally, Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $83.35.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Intel Company 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.