Lombard Odier Asset Management Switzerland SA Sells 117,500 Shares of Intel Corporation $INTC

Lombard Odier Asset Management Switzerland SA lessened its stake in Intel Corporation (NASDAQ:INTC) by 31.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 254,705 shares of the chip maker’s stock after selling 117,500 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Intel were worth $9,399,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. iA Global Asset Management Inc. boosted its stake in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC bought a new stake in shares of Intel during the 4th quarter valued at about $205,000. Van ECK Associates Corp boosted its position in shares of Intel by 18.3% during 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. Heritage Investment Group Inc. bought a new stake in shares of Intel during the 4th quarter valued at about $219,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel during the 4th quarter valued at about $185,000. Institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were 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 of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction 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.

Intel Stock Down 8.5%

Shares of NASDAQ:INTC opened at $117.05 on Wednesday. The business’s 50 day simple moving average is $98.06 and its two-hundred day simple moving average is $62.96. The firm has a market cap of $588.29 billion, a P/E ratio of -188.79 and a beta of 2.21. 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 52-week low of $18.97 and a 52-week high of $132.75.

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

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its advanced 18A-P manufacturing node has entered risk production, signaling progress toward attracting outside foundry customers and improving the company’s turnaround prospects. Intel takes a major step toward turning around a business that’s bleeding cash
• Positive Sentiment: Intel’s 18A-P update also highlighted better performance, lower power use, and improved thermal characteristics, which should strengthen its competitiveness in AI and server chips. Intel begins production of anticipated 18A-P chips, as AI continues to drive CPU demand
• Positive Sentiment: Broad investor optimism around Intel’s comeback, foundry potential, and AI-related CPU demand is helping the stock stay in focus after its strong recent rally. Next Stop For Intel Stock (NASDAQ:INTC): $5 Trillion?

Wall Street Analysts Forecast Growth

INTC has been the topic of several research analyst reports. Seaport Research Partners upped their target price on Intel from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Freedom Capital upgraded Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Piper Sandler started coverage on shares of Intel in a research note on Thursday, June 11th. They set a “neutral” rating on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. Finally, KeyCorp upped their price objective on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $85.98.

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.