CIBC Asset Management Inc Raises Position in Intel Corporation $INTC

CIBC Asset Management Inc increased its holdings in Intel Corporation (NASDAQ:INTC) by 38.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,337,381 shares of the chip maker’s stock after acquiring an additional 654,812 shares during the quarter. CIBC Asset Management Inc’s holdings in Intel were worth $86,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in INTC. Legacy Bridge LLC purchased a new stake in shares of Intel in the fourth quarter worth $26,000. Raleigh Capital Management Inc. purchased a new stake in Intel in the fourth quarter valued at approximately $29,000. Provenance Wealth Advisors LLC raised its stake in Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 446 shares in the last quarter. Strengthening Families & Communities LLC purchased a new stake in Intel in the third quarter valued at approximately $33,000. Finally, HighMark Wealth Management LLC raised its stake in Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after purchasing an additional 567 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Down 1.3%

INTC stock opened at $107.93 on Wednesday. The company has a market capitalization of $542.46 billion, a PE ratio of -174.08 and a beta of 2.21. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. The company’s 50 day moving average price is $83.20 and its two-hundred day moving average price is $56.95. 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 (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The firm 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 company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel used Computex to announce new AI infrastructure products, including Xeon 6+, rack-scale systems, and the Crescent Island GPU, signaling an effort to regain momentum in data center and AI chips.
• Positive Sentiment: Intel’s partnerships and product demos, including work with Perplexity AI and Phison, support the narrative that the company can participate in the AI PC and edge-AI buildout. Article Title
• Neutral Sentiment: Several market commentary pieces focused on Intel’s huge stock run-up over the past year and how valuation questions are resurfacing after the recent rally.
• Negative Sentiment: Nvidia’s RTX Spark launch is seen as a direct assault on Intel’s Windows PC processor franchise, raising fears of share loss in a major end market.
• Negative Sentiment: Some traders appear to be taking profits after Intel’s sharp rally, with investors also questioning near-term earnings power while foundry spending remains heavy.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of recent analyst reports. Roth Mkm raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research note on Friday, April 24th. Tigress Financial raised their target price on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Rosenblatt Securities raised their price target on Intel from $30.00 to $50.00 and gave the company a “sell” rating in a research report on Friday, April 24th. Evercore set a $95.00 price target on Intel in a research report on Friday, April 24th. Finally, Susquehanna raised their price target on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $83.35.

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.