Sei Investments Co. Buys 304,919 Shares of Intel Corporation $INTC

Sei Investments Co. raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 31.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,271,796 shares of the chip maker’s stock after buying an additional 304,919 shares during the quarter. Sei Investments Co.’s holdings in Intel were worth $56,124,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Intel in the fourth quarter worth $2,233,159,000. Capital Research Global Investors raised its position in shares of Intel by 285.9% in the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after purchasing an additional 19,722,010 shares during the last quarter. Capital World Investors boosted its stake in Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Vanguard Group Inc. boosted its stake in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley grew its position in Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Analyst Ratings Changes

A number of analysts have weighed in on INTC shares. Mizuho reduced their price objective on shares of Intel from $135.00 to $109.00 and set a “neutral” rating for the company in a research note on Friday. Wells Fargo & Company upped their target price on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday. Citigroup upgraded shares of Intel from a “positive” rating to a “buy” rating in a report on Thursday. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. Finally, HC Wainwright set a $150.00 price objective on shares of Intel in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Intel currently has an average rating of “Hold” and a consensus target price of $107.67.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred 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 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 SEC, which can be accessed through this link. 0.05% of the stock is owned by company insiders.

Intel Stock Down 7.9%

INTC stock opened at $92.32 on Friday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The business’s 50-day moving average is $115.84 and its two-hundred day moving average is $78.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a market cap of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.52% and a negative net margin of 19.79%.The business’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts forecast that Intel Corporation will post 0.65 earnings per share for the current year.

Intel 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.