QRG Capital Management Inc. Increases Holdings in Intel Corporation $INTC

QRG Capital Management Inc. boosted its stake in shares of Intel Corporation (NASDAQ:INTC) by 29.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 485,549 shares of the chip maker’s stock after buying an additional 109,716 shares during the quarter. QRG Capital Management Inc.’s holdings in Intel were worth $21,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of INTC. Financial Life Planners bought a new stake in shares of Intel in the first quarter valued at approximately $25,000. Financially Speaking Inc raised its holdings in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC purchased a new stake in shares of Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel in the fourth quarter worth $29,000. Finally, Swiss RE Ltd. purchased a new position in shares of Intel in the fourth quarter valued at $29,000. 64.53% of the stock is owned by institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC raised its price target on Intel to $200 and kept a Buy rating, citing progress in the foundry business and potential partnerships with Apple, Nvidia, and Amazon. Intel (INTC) Stock Could Surge 100%: HSBC Analyst Raises Target to $200
• Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock and said CEO Lip-Bu Tan has turned the company around, calling out multiple growth opportunities. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
• Positive Sentiment: Intel continues to benefit from improving views on its AI PC, networking, and foundry businesses, which are supporting rising earnings estimates and investor optimism. INTC Outpaces Industry in a Year: How to Play the Stock?
• Neutral Sentiment: TPIsoftware said it is using Intel Xeon 6 processors and Intel Arc Pro B60 GPUs for enterprise AI solutions, which adds a modest demand signal for Intel’s hardware. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
• Neutral Sentiment: Several articles noted that Intel has recently seen volatility after a huge run-up, with chip stocks also pressured by broader profit-taking and fears of an AI demand cooldown. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
• Negative Sentiment: Intel also faced broad semiconductor-sector selling as investors rotated out of high-flying chip names amid concerns that AI-driven chip demand may be cooling. US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rally

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on INTC shares. Zacks Research upgraded Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $100.00 price objective on shares of Intel in a research report on Wednesday, June 17th. Royal Bank Of Canada restated a “neutral” rating and issued a $80.00 target price on shares of Intel in a research note on Monday, May 4th. Evercore set a $95.00 price target on Intel in a research report on Friday, April 24th. Finally, Wolfe Research assumed coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $96.69.

Intel Price Performance

INTC stock opened at $120.35 on Friday. The firm has a market cap of $604.88 billion, a P/E ratio of -194.11 and a beta of 2.18. The firm’s fifty day moving average is $115.64 and its 200 day moving average is $70.96. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35. 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. 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 for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the previous year, the business earned $0.13 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts predict that Intel Corporation will post 0.63 earnings per share for the current 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.