Intel Corporation $INTC Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. reduced its holdings in shares of Intel Corporation (NASDAQ:INTC) by 13.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,240,706 shares of the chip maker’s stock after selling 190,026 shares during the period. Intel accounts for approximately 0.8% of Resona Asset Management Co. Ltd.’s investment portfolio, making the stock its 19th largest holding. Resona Asset Management Co. Ltd.’s holdings in Intel were worth $171,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. Vanguard Group Inc. raised its position in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. State Street Corp lifted its stake in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares in the last quarter. Capital World Investors grew its holdings in Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC grew its holdings in Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after buying an additional 3,124,798 shares during the last quarter. Finally, Morgan Stanley increased its position in Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.05% of the company’s stock.

Intel Price Performance

INTC stock opened at $102.50 on Friday. The company has a market cap of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average price of $110.26 and a two-hundred day moving average price of $83.29. Intel Corporation has a 12-month low of $22.77 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the business posted ($0.10) EPS. The company’s quarterly 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. As a group, research analysts predict that Intel Corporation will post 1.01 EPS for the current year.

Analysts Set New Price Targets

INTC has been the topic of several recent research reports. Jefferies Financial Group started coverage on Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Wolfe Research began coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 price target on shares of Intel in a report on Tuesday, May 12th. Finally, Melius Research set a $150.00 price objective on Intel in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.85.

Intel 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.