Korea Investment CORP Purchases 892,305 Shares of Intel Corporation $INTC

Korea Investment CORP lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 42.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,981,701 shares of the chip maker’s stock after acquiring an additional 892,305 shares during the quarter. Korea Investment CORP’s holdings in Intel were worth $110,025,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. iA Global Asset Management Inc. grew its stake in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the period. Van ECK Associates Corp grew its stake in Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after acquiring an additional 8,569,812 shares during the period. Heritage Investment Group Inc. acquired a new position in Intel in the fourth quarter valued at about $219,000. Northwestern Mutual Wealth Management Co. grew its stake in Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after acquiring an additional 13,858 shares during the period. Finally, Legal & General Group Plc grew its stake in Intel by 1.3% in the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after acquiring an additional 423,481 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of NASDAQ INTC opened at $124.57 on Friday. The stock has a 50 day moving average price of $95.17 and a 200 day moving average price of $61.56. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. 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 stock has a market capitalization of $626.09 billion, a PE ratio of -200.92 and a beta of 2.21.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period in the prior year, the firm posted $0.13 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts predict that Intel Corporation will post 0.66 earnings per share for the current fiscal year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Analyst Ratings Changes

INTC has been the subject of a number of research analyst reports. Arete Research boosted their target price on Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday. Cantor Fitzgerald boosted their target price on Intel from $65.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Rosenblatt Securities boosted their target price on Intel from $30.00 to $50.00 and gave the company a “sell” rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 target price on shares of Intel in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their target price on Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and a consensus target price of $87.31.

Insider Buying and Selling

In related 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 directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

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.