Bastion Asset Management Inc. Takes Position in Intel Corporation $INTC

Bastion Asset Management Inc. bought a new stake in Intel Corporation (NASDAQ:INTC) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,768 shares of the chip maker’s stock, valued at approximately $1,156,000.

A number of other large investors have also added to or reduced their stakes in INTC. Financial Life Planners acquired a new position in Intel in the 1st quarter worth $25,000. Financially Speaking Inc increased its position in shares of 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 acquiring an additional 279 shares during the last quarter. Legacy Bridge LLC purchased a new stake in shares of Intel during the fourth quarter worth about $26,000. Raleigh Capital Management Inc. acquired a new position in shares of Intel in the fourth quarter worth about $29,000. Finally, Swiss RE Ltd. purchased a new position in Intel in the fourth quarter valued at about $29,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Google Cloud announced an expanded partnership, with Google Cloud deepening its use of Intel’s AI-focused tools and workflows, reinforcing Intel’s relevance in enterprise AI design and cloud infrastructure. Intel, Google Cloud announce expansion of existing deal
• Positive Sentiment: Multiple analysts turned more constructive ahead of earnings, including Susquehanna raising its price target and citing stronger server demand, while other firms highlighted Intel’s improving foundry/manufacturing progress. Intel slips even as Susquehanna ups price target ahead of Q2 results
• Positive Sentiment: Intel said it has begun using ASML’s most advanced High-NA EUV equipment for chip production, a milestone that signals progress in its manufacturing roadmap and supports the bull case for its turnaround. Intel turns to next-generation ASML tool to help make its laptop chips
• Neutral Sentiment: Intel remains a heavy topic on trading desks ahead of its July 23 earnings report, with retail investors buying the dip and several commentators framing the stock as an AI/foundry turnaround play. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
• Negative Sentiment: Intel is being dragged lower by a broad semiconductor selloff as investors worry that AI spending could slow and that the chip cycle may be less durable than hoped. Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide
• Negative Sentiment: Some coverage also points to Intel’s weaker PC trends and the difficulty of competing with TSMC’s manufacturing efficiency, keeping investors cautious about how quickly the turnaround can translate into stronger profits.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Stifel Nicolaus upped their target price on Intel from $75.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. lifted their price target on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. Morgan Stanley downgraded shares of Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday, June 11th. Arete Research raised their price objective on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Finally, Benchmark upped their target price on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average price target of $102.72.

Intel Stock Down 5.8%

Shares of NASDAQ:INTC opened at $96.98 on Friday. The company’s fifty day moving average is $118.38 and its two-hundred day moving average is $75.77. 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 1-year low of $18.97 and a 1-year high of $142.35. The stock has a market capitalization of $487.42 billion, a price-to-earnings ratio of -156.42 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 earnings per share for the quarter, topping the consensus estimate 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 firm 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 business earned $0.13 earnings per share. Intel’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. Equities analysts anticipate that Intel Corporation will post 0.64 EPS for the current year.

Insider Transactions at Intel

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

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.