Intel Corporation $INTC Shares Sold by Meeder Asset Management Inc.

Meeder Asset Management Inc. lowered its holdings in Intel Corporation (NASDAQ:INTC) by 91.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,465 shares of the chip maker’s stock after selling 25,676 shares during the period. Meeder Asset Management Inc.’s holdings in Intel were worth $109,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Financially Speaking Inc raised its position in shares of Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares in the last quarter. Financial Life Planners acquired a new stake in shares of Intel during the first quarter worth approximately $25,000. Legacy Bridge LLC acquired a new stake in shares of Intel during the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. bought a new stake in shares of Intel in the fourth quarter worth $29,000. Finally, Swiss RE Ltd. bought a new stake in shares of Intel in the fourth quarter worth $29,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Up 8.6%

NASDAQ:INTC opened at $105.45 on Wednesday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average of $116.84 and a 200-day moving average of $77.08. The firm has a market capitalization of $529.99 billion, a PE ratio of -170.08 and a beta of 2.18. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts predict that Intel Corporation will post 0.64 EPS for the current year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: RBC and other bullish previews said Intel could beat Q2 revenue expectations, helped by stronger server demand and improving data center momentum. Intel Jumps 6% on RBC’s Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as the Chip Rally Resumes
• Positive Sentiment: Intel’s foundry business landed Fortinet as its first named customer under CEO Lip-Bu Tan, a win that supports the turnaround story and signals outside interest in Intel’s manufacturing capabilities. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
• Positive Sentiment: Intel also announced a Fortinet partnership on security chips and reported progress tied to memory upgrades, Google Cloud AI expansion, and restructuring, which added to the pre-earnings rally. Intel Stock (NASDAQ:INTC) Blasts Up After Fortinet Team-Up
• Positive Sentiment: Chip stocks broadly rebounded, and Intel was one of the leaders as investors rotated back into semiconductors after the recent selloff. Chip Stocks Extend Rebound on Tuesday as Nvidia, AMD, SNDK, Micron, and Intel Rise. Here’s Why
• Neutral Sentiment: Intel faces a large implied post-earnings move, showing traders expect a meaningful reaction either way after results. Intel Could Swing $61.4 Billion in Value After Earnings This Week
• Negative Sentiment: Some analysts warned the stock’s valuation is stretched and that sentiment could overwhelm even solid earnings, especially if guidance disappoints. Intel set to beat but valuation leaves it exposed to sentiment swings
• Negative Sentiment: Reports of fresh layoffs in Intel’s data center and AI unit underscore the ongoing turnaround effort and suggest management is still making tough cuts to improve efficiency. Intel Launches Fresh Layoffs in Data Center and AI Unit Ahead of Earnings as Lip-Bu Tan Pushes Turnaround Strategy

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on INTC shares. Morgan Stanley upped their price target on shares of Intel from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday. Oppenheimer began coverage on shares of Intel in a research report on Thursday, June 11th. They issued an “outperform” rating for the company. Robert W. Baird upped their target price on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. BTIG Research raised shares of Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, Wolfe Research assumed coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Intel presently has an average rating of “Hold” and an average target price of $102.77.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on Friday, May 1st. The shares were 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 owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.05% of the company’s stock.

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.