German American Bancorp Inc. Buys Shares of 7,927 Intel Corporation $INTC

German American Bancorp Inc. purchased a new position in Intel Corporation (NASDAQ:INTC) in the first quarter, Holdings Channel reports. The fund purchased 7,927 shares of the chip maker’s stock, valued at approximately $350,000.

Several other large investors have also made changes to their positions in INTC. California Public Employees Retirement System raised its stake in Intel by 11.2% during the first quarter. California Public Employees Retirement System now owns 12,386,924 shares of the chip maker’s stock worth $546,635,000 after acquiring an additional 1,247,702 shares in the last quarter. Quadrant Private Wealth Management LLC lifted its position in shares of Intel by 3.4% during the first quarter. Quadrant Private Wealth Management LLC now owns 82,548 shares of the chip maker’s stock worth $3,643,000 after purchasing an additional 2,731 shares in the last quarter. Watershed Asset Management L.L.C. acquired a new position in Intel during the 1st quarter worth $2,012,000. Heartland Bank & Trust Co bought a new position in Intel in the first quarter valued at about $281,000. Finally, Atlas Wealth LLC bought a new position in Intel in the first quarter valued at about $755,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

INTC has been the topic of several analyst reports. Citigroup raised Intel from a “buy” rating to a “buy” rating in a research note on Thursday, June 11th. Susquehanna boosted their target price on Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday. Royal Bank Of Canada restated a “neutral” rating and set a $80.00 price objective on shares of Intel in a report on Monday, May 4th. Wells Fargo & Company upped their target price on shares of Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, JPMorgan Chase & Co. raised their price objective on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average target price of $102.72.

Intel Price Performance

Shares of INTC opened at $95.04 on Friday. 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 company’s fifty day simple moving average is $117.79 and its 200 day simple moving average is $75.90. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $142.35. The company has a market cap of $477.67 billion, a price-to-earnings ratio of -153.29 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period last year, the business posted $0.13 EPS. Intel’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts forecast that Intel Corporation will post 0.65 earnings per share for the current fiscal year.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the company’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 directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s expanded Google Cloud partnership and use of Gemini Enterprise could improve chip design efficiency and support enterprise growth. Sundar Pichai Says ‘Great’ to see Intel Using Gemini Enterprise as Chipmaker Expands Google Cloud Partnership for AI-Powered Chip Design
• Positive Sentiment: Analysts and options traders are turning more constructive ahead of earnings, with some expecting Intel to post another beat and others positioning for a sizable post-earnings move. Intel Stock (INTC) Faces a Crucial Earnings Test. Options Traders Expect a 15% Move
• Positive Sentiment: Retail investors have been buying INTC shares ahead of Q2 results, suggesting sentiment remains strong despite the recent pullback. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
• Neutral Sentiment: Multiple articles highlighted Intel’s upcoming Q2 earnings release, keeping attention focused on whether management can validate the recent rally and turnaround narrative. Intel (INTC) Stock Price Braces for a 15% Move as Q2 Earnings Near
• Negative Sentiment: Intel is being hit by a broader semiconductor rout as investors worry about slowing AI spending and softer chip-sector momentum. AMD Falls 5%, Intel Drops 4%, NVIDIA Slides 3% Before Recovering as Rotation Hits Semiconductor Stocks
• Negative Sentiment: Recent commentary also questioned Intel’s foundry turnaround and the durability of its AI-related valuation after the stock’s sharp run-up. TSMC’s 68% Margins Show Why Intel’s Foundry Turnaround Won’t Be Easy

About Intel

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.