ICICI Prudential Asset Management Co Ltd Raises Holdings in Intel Corporation $INTC

ICICI Prudential Asset Management Co Ltd lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 13.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,554 shares of the chip maker’s stock after buying an additional 9,335 shares during the quarter. ICICI Prudential Asset Management Co Ltd’s holdings in Intel were worth $2,825,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Legacy Bridge LLC purchased a new stake in Intel during the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new position in Intel in the fourth quarter worth $29,000. HighMark Wealth Management LLC grew its holdings in Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after purchasing an additional 567 shares during the last quarter. Provenance Wealth Advisors LLC increased 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. Finally, Winch Advisory Services LLC increased its position in shares of Intel by 28.3% during the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after purchasing an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Up 9.3%

Shares of Intel stock opened at $116.96 on Friday. The stock has a market cap of $587.84 billion, a PE ratio of -188.64 and a beta of 2.21. The firm has a fifty day moving average price of $93.64 and a 200 day moving average price of $61.12. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC) last announced 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 company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Stifel Nicolaus raised their price objective on Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Truist Financial upped their target price on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Benchmark raised their price target on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Cantor Fitzgerald boosted their price target on Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Arete Research upped their price objective on shares of Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and an average target price of $87.31.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America’s double upgrade and higher target are the main catalyst, reinforcing the view that Intel’s CPU and foundry businesses could drive meaningful longer-term growth. Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
• Positive Sentiment: Analysts also lifted earnings estimates, suggesting the market is becoming more optimistic about Intel’s profitability outlook over the next couple of years.
• Positive Sentiment: Broader semiconductor stocks are rebounding as investors return to beaten-down AI and chip names, adding support to Intel’s advance.
• Neutral Sentiment: Intel’s recent rally has been amplified by growing enthusiasm around its foundry turnaround and possible AI-related opportunities, but these remain longer-term execution stories rather than near-term fundamentals.
• Negative Sentiment: One item investors may watch closely is an insider sale reported today, which can sometimes temper sentiment even when the stock is rallying.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of Intel 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 directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade 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 can be accessed through this hyperlink. 0.05% of the stock is currently owned by company 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.