Intel Corporation $INTC Shares Purchased by Westpac Banking Corp

Westpac Banking Corp raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 13.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,689 shares of the chip maker’s stock after acquiring an additional 18,508 shares during the quarter. Westpac Banking Corp’s holdings in Intel were worth $5,190,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Intel by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 390,829,684 shares of the chip maker’s stock worth $13,112,336,000 after purchasing an additional 4,925,949 shares in the last quarter. State Street Corp grew its holdings in Intel by 1.6% during the 2nd quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock valued at $4,561,035,000 after buying an additional 3,168,824 shares during the last quarter. Geode Capital Management LLC grew its holdings in Intel by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock valued at $2,174,854,000 after buying an additional 1,760,773 shares during the last quarter. Primecap Management Co. CA increased its position in Intel by 4.3% during the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock worth $1,798,679,000 after buying an additional 3,313,890 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Intel in the second quarter worth $1,579,378,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced a multiyear partnership and joined a $350M funding round for AI chip start‑up SambaNova, positioning Intel to accelerate AI inference offerings and signal management’s push to compete with Nvidia. AI chip startup SambaNova raises $350 million, signs Intel partnership
• Positive Sentiment: Sector tailwinds from AMD’s large AI chip deal with Meta boosted semiconductor sentiment broadly, which helped lift Intel shares as investors rotate into AI/hardware beneficiaries. Why Is Intel (INTC) Stock Soaring Today
• Neutral Sentiment: Volatility in INTC has opened tactical options opportunities and discounts for short‑term traders; some commentators frame the current move as a chance for disciplined option strategies rather than a clear long‑term signal. Intel Stock (INTC) Volatility Creates Tactical Options Discount
• Negative Sentiment: Analysts and articles flag valuation and sustainability concerns after a ~90% 12‑month rally — investors are debating whether current multiples and growth assumptions already price in much of the AI recovery. Watch margins, capex and roadmap execution. Intel Is Up 90% in 12 Months. Can It Actually Sustain This Comeback in 2026?
• Negative Sentiment: Geopolitical supply risks are resurfacing — reporting suggests China is leveraging rare‑earths, which could tighten supply or raise costs for U.S. chipmakers, including Intel. This is a potential negative catalyst for margins and production timelines. “China Is Flexing Its Rare Earth Muscle” as GE, Intel, and Nvidia Face Supply Risk

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. TD Cowen lifted their price objective on Intel from $38.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Intel in a research note on Friday, January 23rd. Susquehanna lifted their price target on shares of Intel from $40.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Wedbush reissued a “neutral” rating and set a $30.00 price objective on shares of Intel in a research note on Tuesday, January 20th. Finally, DA Davidson raised shares of Intel to a “hold” rating in a research note on Friday, February 13th. Five investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $45.74.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 20,000 shares of Intel stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $49.05, for a total transaction of $981,000.00. Following the transaction, the executive vice president directly owned 113,060 shares of the company’s stock, valued at $5,545,593. The trade was a 15.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP David Zinsner acquired 5,882 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was acquired at an average cost of $42.50 per share, with a total value of $249,985.00. Following the transaction, the executive vice president directly owned 247,392 shares of the company’s stock, valued at approximately $10,514,160. This represents a 2.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.04% of the stock is currently owned by corporate insiders.

Intel Trading Up 1.6%

Shares of INTC opened at $46.88 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $234.17 billion, a P/E ratio of -585.93, a price-to-earnings-growth ratio of 16.21 and a beta of 1.38. The stock’s fifty day simple moving average is $44.26 and its 200 day simple moving average is $37.07. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $54.60.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. The firm had revenue of $13.67 billion during the quarter, compared to the consensus estimate of $13.37 billion. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.The firm’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 earnings per share. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. On average, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

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.