United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Acquires New Position in Intel Corporation $INTC

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Intel Corporation (NASDAQ:INTC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,100,000 shares of the chip maker’s stock, valued at approximately $114,390,000. Intel accounts for about 1.6% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares during the period. Moors & Cabot Inc. lifted its holdings in shares of Intel by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 43,630 shares of the chip maker’s stock worth $1,610,000 after acquiring an additional 1,904 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of Intel by 12.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 22,709 shares of the chip maker’s stock worth $838,000 after acquiring an additional 2,479 shares during the last quarter. Baker Avenue Asset Management LP lifted its holdings in shares of Intel by 73.9% in the 4th quarter. Baker Avenue Asset Management LP now owns 140,139 shares of the chip maker’s stock worth $5,171,000 after acquiring an additional 59,555 shares during the last quarter. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Intel in the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s recent earnings and AI-related momentum are still supporting the bull case, with some commentary arguing the stock could keep climbing if its turnaround and foundry strategy continue to gain traction.
• Positive Sentiment: Acer announced the Predator Atlas 8 handheld powered by new Intel Arc G-series processors, another sign that Intel is landing product wins in gaming and PC hardware.
• Positive Sentiment: Several articles highlight anticipation around Intel’s June 2 COMPUTEX 2026 appearance, which could bring new product or strategy updates that investors are watching closely.
• Neutral Sentiment: Intel remains a major AI and semiconductor comeback story, but many of the bullish articles are speculative or forward-looking rather than based on new fundamental developments.
• Neutral Sentiment: Reports that Intel may consider leasing fab space could improve asset utilization and financial flexibility, but the market appears to be treating it as a strategic possibility rather than confirmed material news.
• Negative Sentiment: Northland downgraded Intel to Market Perform from Outperform, citing valuation concerns even while acknowledging progress in the turnaround.
• Negative Sentiment: Other commentary suggests Intel’s huge rally has made the stock expensive, with some analysts and media pieces warning that insider selling and stretched valuation could trigger a pullback.
• Negative Sentiment: Rival pressure is also a headwind, including coverage that AMD and Nvidia are strengthening their positions in key chip markets, which keeps competition concerns front and center for Intel investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Bank of America upped their price objective on shares of Intel from $48.00 to $56.00 and gave the stock an “underperform” rating in a report on Friday, April 24th. DA Davidson upped their price objective on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Benchmark upped their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Daiwa Securities Group upped their price objective on shares of Intel from $41.00 to $50.00 in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus price target of $81.52.

Insider Activity at Intel

In other 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 completion of 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 document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Intel Trading Down 0.7%

NASDAQ INTC opened at $120.89 on Friday. The firm has a 50 day simple moving average of $80.55 and a 200-day simple moving average of $55.91. 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 one year low of $18.97 and a one year high of $132.75. The firm has a market cap of $607.59 billion, a price-to-earnings ratio of -194.98 and a beta of 2.18.

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

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.