Intel Corporation $INTC Shares Sold by SRB Corp

SRB Corp lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,146,415 shares of the chip maker’s stock after selling 38,683 shares during the period. Intel comprises 5.8% of SRB Corp’s portfolio, making the stock its 5th largest holding. SRB Corp’s holdings in Intel were worth $94,721,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financially Speaking Inc lifted its position in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners purchased a new stake in shares of Intel during the 1st quarter worth approximately $25,000. Legacy Bridge LLC acquired a new stake in shares of Intel in the 4th quarter worth approximately $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the 4th quarter worth approximately $29,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Intel in the 4th quarter worth approximately $29,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the 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 sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

INTC has been the subject of several research reports. Evercore set a $95.00 price objective on Intel in a report on Friday, April 24th. Truist Financial upped their target price on Intel from $81.00 to $108.00 and gave the company a “hold” rating in a report on Friday. BTIG Research upgraded Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Wolfe Research initiated coverage on Intel in a research report on Thursday, June 11th. They issued a “peer perform” rating for the company. Finally, Morgan Stanley lifted their price target on Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $107.67.

More Intel News

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

Intel Price Performance

INTC stock opened at $92.32 on Friday. The stock’s 50 day moving average price is $115.84 and its 200 day moving average price is $78.07. The firm has a market cap of $464.00 billion, a P/E ratio of -43.75 and a beta of 2.18. 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.

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

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.