ING Groep NV Sells 1,137,794 Shares of Intel Corporation $INTC

ING Groep NV cut its stake in Intel Corporation (NASDAQ:INTC) by 39.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,750,444 shares of the chip maker’s stock after selling 1,137,794 shares during the quarter. ING Groep NV’s holdings in Intel were worth $64,591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Winch Advisory Services LLC increased its stake in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after acquiring an additional 213 shares during the last quarter. Focus Financial Network Inc. increased its stake in shares of Intel by 2.1% in the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock valued at $398,000 after acquiring an additional 223 shares during the last quarter. Successful Portfolios LLC increased its stake in shares of Intel by 2.6% in the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock valued at $322,000 after acquiring an additional 223 shares during the last quarter. Providence Wealth Advisors LLC increased its stake in shares of Intel by 1.7% in the 4th quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock valued at $527,000 after acquiring an additional 225 shares during the last quarter. Finally, Orca Investment Management LLC increased its stake in Intel by 0.5% during the 4th quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker’s stock worth $1,871,000 after purchasing an additional 229 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on INTC shares. Rosenblatt Securities increased their target price on Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. Benchmark increased their target price on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. TD Cowen increased their target price on Intel from $60.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. Finally, Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $83.35.

Intel Price Performance

Shares of INTC opened at $99.17 on Friday. The stock has a market capitalization of $498.43 billion, a P/E ratio of -159.95 and a beta of 2.21. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $132.75. The company has a 50 day moving average of $88.25 and a 200-day moving average of $58.80. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last issued 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 during 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 business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity at Intel

In other 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 value of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

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.