Himension Capital Singapore PTE. LTD. lifted its position in Intel Corporation (NASDAQ:INTC – Free Report) by 67.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,869,740 shares of the chip maker’s stock after purchasing an additional 750,428 shares during the period. Intel comprises about 6.3% of Himension Capital Singapore PTE. LTD.’s portfolio, making the stock its 3rd biggest holding. Himension Capital Singapore PTE. LTD.’s holdings in Intel were worth $82,512,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Intel during the first quarter valued at $8,378,000. Bellwether Advisors LLC acquired a new position in shares of Intel in the first quarter worth about $1,511,000. ABN Amro Investment Solutions raised its position in shares of Intel by 11.7% in the first quarter. ABN Amro Investment Solutions now owns 233,183 shares of the chip maker’s stock worth $10,290,000 after acquiring an additional 24,384 shares during the period. Oslo Pensjonsforsikring AS purchased a new stake in shares of Intel during the 1st quarter worth about $938,000. Finally, Andra AP fonden boosted its stake in shares of Intel by 203.6% during the 1st quarter. Andra AP fonden now owns 577,621 shares of the chip maker’s stock worth $25,490,000 after acquiring an additional 387,386 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: RBC and other bullish previews said Intel could beat Q2 revenue expectations, helped by stronger server demand and improving data center momentum. Intel Jumps 6% on RBC’s Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as the Chip Rally Resumes
- Positive Sentiment: Intel’s foundry business landed Fortinet as its first named customer under CEO Lip-Bu Tan, a win that supports the turnaround story and signals outside interest in Intel’s manufacturing capabilities. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
- Positive Sentiment: Intel also announced a Fortinet partnership on security chips and reported progress tied to memory upgrades, Google Cloud AI expansion, and restructuring, which added to the pre-earnings rally. Intel Stock (NASDAQ:INTC) Blasts Up After Fortinet Team-Up
- Positive Sentiment: Chip stocks broadly rebounded, and Intel was one of the leaders as investors rotated back into semiconductors after the recent selloff. Chip Stocks Extend Rebound on Tuesday as Nvidia, AMD, SNDK, Micron, and Intel Rise. Here’s Why
- Neutral Sentiment: Intel faces a large implied post-earnings move, showing traders expect a meaningful reaction either way after results. Intel Could Swing $61.4 Billion in Value After Earnings This Week
- Negative Sentiment: Some analysts warned the stock’s valuation is stretched and that sentiment could overwhelm even solid earnings, especially if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
- Negative Sentiment: Reports of fresh layoffs in Intel’s data center and AI unit underscore the ongoing turnaround effort and suggest management is still making tough cuts to improve efficiency. Intel Launches Fresh Layoffs in Data Center and AI Unit Ahead of Earnings as Lip-Bu Tan Pushes Turnaround Strategy
Intel Stock Up 8.6%
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities analysts forecast that Intel Corporation will post 0.64 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Stifel Nicolaus lifted their price target on Intel from $75.00 to $120.00 and gave the company a “hold” rating in a research note on Friday, July 10th. Citigroup raised Intel from a “buy” rating to a “buy” rating in a report on Thursday, June 11th. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price objective on shares of Intel in a report on Tuesday, May 12th. Finally, New Street Research boosted their price objective on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and an average price target of $102.77.
Read Our Latest Report on INTC
Insider Buying and Selling
In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred 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 owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company 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.
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