Victory Capital Management Inc. Reduces Holdings in Intel Corporation $INTC

Victory Capital Management Inc. trimmed its stake in shares of Intel Corporation (NASDAQ:INTC) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,183,024 shares of the chip maker’s stock after selling 13,891 shares during the quarter. Victory Capital Management Inc. owned approximately 0.07% of Intel worth $106,790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Intel by 1.3% in the third 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 during the last quarter. State Street Corp boosted its position 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 period. Geode Capital Management LLC grew its holdings in Intel by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the last quarter. Primecap Management Co. CA increased its position in shares of Intel by 4.3% in the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock valued at $1,798,679,000 after acquiring an additional 3,313,890 shares during the period. Finally, Norges Bank bought a new position in shares of Intel during the second quarter valued at about $1,579,378,000. Institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CFO highlighted faster-than-expected progress on the critical 18A node and gave encouraging ramp/capacity commentary at a tech conference, supporting optimism about future server and AI-related revenue. Why Intel Rallied Today
• Positive Sentiment: Management (CFO/CEO) signaled Intel is reconsidering commercial opportunities for its 18A manufacturing tech (opening the door to external foundry/contract business), which could boost long-term revenue and capacity utilization if executed. Intel CEO Lip-Bu Tan reconsidering fate of chipmaker’s 18A manufacturing tech, CFO says
• Positive Sentiment: Market reports cite strong server demand and capacity commentary as a near-term revenue tailwind for Intel, supporting upside to data-center sales. Intel stock jumps on strong server demand, capacity comments
• Neutral Sentiment: Board leadership is changing: long-time chair Frank Yeary will depart and Craig Barratt was named successor — a governance transition that reduces uncertainty about succession but is not an immediate earnings driver. Intel board chair Frank Yeary to depart
• Negative Sentiment: A bipartisan group of U.S. lawmakers has raised national-security concerns about Intel’s testing of chipmaking tools linked to a blacklisted Chinese firm (ACM Research). That scrutiny could lead to regulatory reviews, reputational risk, or constraints on certain supplier relationships. US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm Lawmakers Question Intel’s Use of Tools From Blacklisted Chinese Firm

Intel Stock Up 5.8%

NASDAQ:INTC opened at $45.58 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.02 and a quick ratio of 1.65. The firm’s 50-day moving average price is $45.13 and its 200-day moving average price is $37.85. The company has a market capitalization of $227.67 billion, a PE ratio of -569.68, a P/E/G ratio of 15.97 and a beta of 1.37. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $54.60.

Intel (NASDAQ:INTC) last issued 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 company had revenue of $13.67 billion during the quarter, compared to analysts’ expectations of $13.37 billion. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. Intel’s revenue was down 4.2% on a year-over-year basis. During the same period last year, the company posted $0.13 EPS. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. On average, equities analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 20,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the sale, the executive vice president directly owned 113,060 shares of the company’s stock, valued at approximately $5,545,593. The trade was a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David Zinsner bought 5,882 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was bought at an average cost of $42.50 per share, for a total transaction of $249,985.00. Following the completion of the purchase, the executive vice president owned 247,392 shares of the company’s stock, valued at approximately $10,514,160. The trade was a 2.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.04% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the topic of several recent analyst reports. Royal Bank Of Canada cut their target price on Intel from $50.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 21st. Northland Securities set a $54.00 target price on Intel in a research note on Friday, January 23rd. HSBC upgraded Intel from a “reduce” rating to a “hold” rating and upped their target price for the company from $26.00 to $50.00 in a report on Tuesday, January 20th. Stifel Nicolaus lifted their price target on shares of Intel from $35.00 to $42.00 and gave the company a “hold” rating in a report on Friday, January 23rd. Finally, Morgan Stanley upped their price objective on shares of Intel from $38.00 to $41.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Five analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $45.74.

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.