Investment Management Corp of Ontario Acquires 200,424 Shares of Intel Corporation $INTC

Investment Management Corp of Ontario raised its holdings in Intel Corporation (NASDAQ:INTC) by 98.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 404,029 shares of the chip maker’s stock after purchasing an additional 200,424 shares during the period. Investment Management Corp of Ontario’s holdings in Intel were worth $14,909,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Financially Speaking Inc boosted its holdings in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the last quarter. Legacy Bridge LLC bought a new position in Intel during the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the fourth quarter worth about $29,000. Swiss RE Ltd. bought a new position in Intel during the fourth quarter worth about $29,000. Finally, Provenance Wealth Advisors LLC boosted its position in shares of Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after purchasing an additional 446 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its next-generation 18A-P manufacturing process has entered risk production, a major milestone that suggests progress in its chipmaking comeback and improves the odds of winning external customers. Intel’s new manufacturing tech enters initial production
• Positive Sentiment: Several reports said the new node could help Intel attract customers such as Apple and Nvidia, reinforcing hopes that the company’s foundry strategy is gaining traction. Intel begins production of most-advanced chip, inching closer to possible Apple deal
• Positive Sentiment: Bernstein and Bank of America raised their views/price targets on Intel, citing stronger CPU demand from the agentic AI buildout and renewed interest in Intel’s foundry ambitions. Bernstein Boosts Price Targets for Arm, AMD, and Intel on Agentic AI Revolution
• Positive Sentiment: Media coverage framed the 18A-P announcement as a sign that Intel’s cash-burning manufacturing business may be turning a corner, which has added to momentum in the shares. Intel takes a major step toward turning around a business that’s bleeding cash
• Neutral Sentiment: Commentary pieces and stock-screen articles are also highlighting Intel as a comeback and long-term AI/semiconductor play, which may be supporting sentiment but do not add new hard catalysts. Is Intel the Comeback Stock of the Decade?
• Negative Sentiment: Some analysts continue to warn that Intel’s valuation has run ahead of fundamentals after a huge rally, suggesting the stock could remain volatile if expectations get too high. Intel: The Re-Rating Has Gone Too Far

Intel Trading Up 3.5%

INTC opened at $121.10 on Thursday. The stock has a market capitalization of $608.65 billion, a P/E ratio of -195.32 and a beta of 2.21. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The firm’s fifty day simple moving average is $99.46 and its 200 day simple moving average is $63.55. 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 (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, research analysts anticipate that Intel Corporation will post 0.63 EPS for the current fiscal 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 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 sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent analyst reports. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Intel in a research report on Friday, April 24th. Melius Research set a $150.00 price target on Intel in a report on Monday, May 18th. Susquehanna increased their price target on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Benchmark lifted their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average 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.