Pictet Asset Management Holding SA Increases Stake in Intel Corporation $INTC

Pictet Asset Management Holding SA lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 21.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,832,028 shares of the chip maker’s stock after purchasing an additional 686,814 shares during the period. Pictet Asset Management Holding SA’s holdings in Intel were worth $169,098,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in INTC. Financially Speaking Inc raised its holdings 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. Legacy Bridge LLC acquired a new position in shares of Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. acquired a new position in shares of Intel during the fourth quarter worth $29,000. Swiss RE Ltd. purchased a new position in Intel in the fourth quarter valued at $29,000. Finally, Osbon Capital Management LLC purchased a new position in Intel in the fourth quarter valued at $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INTC has been the subject of a number of recent analyst reports. Scotiabank assumed coverage on Intel in a report on Tuesday, April 21st. They set a “sector perform” rating for the company. BTIG Research raised Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Citigroup upgraded Intel from a “buy” rating to a “buy” rating in a research note on Thursday, June 11th. Stifel Nicolaus boosted their target price on Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Finally, Barclays increased their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Intel has an average rating of “Hold” and an average price target of $90.79.

Intel Stock Performance

NASDAQ INTC opened at $128.32 on Monday. The firm has a market cap of $644.94 billion, a P/E ratio of -206.96 and a beta of 2.21. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $141.45. The business’s 50-day moving average price is $109.54 and its 200 day moving average price is $68.08. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

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 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 the consensus estimate of $12.32 billion. During the same period in the prior year, the business earned $0.13 EPS. The firm’s 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. On average, equities research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

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 completion of the sale, the executive vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is owned by company insiders.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Goldman Sachs began coverage of Intel with a neutral rating and a $150 price target, reinforcing the view that the stock still has upside after its big run. Goldman Sachs coverage on Intel
• Positive Sentiment: Micron’s blockbuster earnings and upbeat outlook for smartphones and PCs helped boost sentiment across semiconductors, including Intel, AMD, Arm, and Qualcomm. Micron article
• Positive Sentiment: Articles highlighting Intel’s turnaround, foundry push, and diversification away from Taiwan-based manufacturing are supporting the bullish narrative that Intel could gain share in advanced chips over time.
• Neutral Sentiment: Intel remains one of the most heavily watched stocks, with multiple articles focused on whether the recent rally is justified after the shares have already surged sharply this year.
• Neutral Sentiment: Congressional-trading and political headlines, including references to Intel-linked holdings and U.S. chip policy, are adding visibility but do not directly change near-term fundamentals.
• Negative Sentiment: Some market commentary says the valuation has run ahead of fundamentals, and broader chip stocks have also seen periods of renewed selling pressure, which could limit further upside if sentiment cools.

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.