Royal Fund Management 13F: Adds $2.5M to Intel (INTC) Stake

Royal Fund Management grew its stake in Intel Corporation INTC by 63.3% during the third quarter, according to a Form 13F filing disclosed on October 22, 2026. The institutional investor added 20,778 shares to its portfolio, bringing its total ownership to 53,624 shares. The reported value of this holding reached $6,447,214 as of the filing date.

INTC Intel Corporation

$85.49 ▲ +117.09% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Royal Fund Management's Intel Corporation Position

The firm lifted its investment significantly from a prior total of 32,846 shares. Because the position was already established in earlier periods, this move represents an expansion rather than a brand-new stake.

Other Institutional Activity in Intel Corporation

Other large investors adjusted their holdings in the chip designer around the same reporting period. Oriental Harbor Investment Master Fund reduced its Intel Corporation INTC holdings by 91,262 shares to end with 1,758,128 shares worth about $211.38 million. NLB Skladi, upravljanje premozenja, d.o.o. reduced its stake by 9,874 shares, ending with 280,402 shares valued at approximately $33.71 million. Nvidia Corp kept its holdings unchanged at 214,776,632 shares worth about $18.36 billion. Softbank Group Corporation maintained a steady stake of 86,956,522 shares valued at roughly $7.43 billion. Primecap Management Company trimmed its position by 507,582 shares, finishing with 75,250,958 shares worth about $6.43 billion.

Intel Corporation Stock Down 6.8%

Intel shares recently traded around $85.49 as of October 23, 2026, remaining about equal to the closing price of $85.49 recorded on October 22, 2026. The stock price sits 16.8% below its 50-day moving average of $102.77 and roughly matches its 200-day moving average of $85.36. The equity trades far below its 52-week peak of $142.35 while holding well above its 52-week low of $32.89. The current trading level rests 27.0% below the average analyst price target of $117.14.

Recent Earnings

Intel reported trailing twelve month revenue of $57.03 billion alongside a negative earnings per share figure of $2.12. Year-over-year revenue growth reached 25.4%, while the company posted a net profit margin of negative 19.8% and a return on equity of negative 10.7%. Investors will watch the upcoming earnings release on October 29, 2026 for further updates.

Dividend

The company currently pays no dividend, registering a dividend yield and payout ratio of 0.0%.

Insider Buying and Selling at Intel Corporation

Company insiders completed several transactions over the prior months. On February 2, 2026, officer Boise April Miller sold 20,000 shares at an average price of $49.05 for a total value of $981,000. On May 1, 2026, Boise April Miller sold another 40,256 shares at $99.53 for a total of $4,006,519. Chief Technology Officer Nagasubramaniyan Chandrasekaran sold 21,024 shares on May 29, 2026, at $118.28 for a total value of $2,486,698. Later, Chief Executive Officer Lip-Bu Tan bought 105,263 shares on August 11, 2026, at a price of $95.00 for a total value of $9,999,985.

Analysts Set New Price Targets

Wall Street research firms updated their views on the chipmaker in recent weeks. On September 24, 2026, TD Cowen reiterated a Hold rating with a target of $115.00. Mizuho maintained a Neutral rating on October 6, 2026, raising its target from $92.00 to $114.00. TD Cowen maintained a Hold rating on October 19, 2026, lowering its target from $115.00 to $95.00. JP Morgan upgraded the stock to Neutral on October 19, 2026, with an 85.00 price target. Susquehanna maintained a Neutral rating on October 21, 2026, cutting its target from $115.00 to $105.00. Analysts currently maintain a consensus buy rating on the stock backed by 43 opinions.

About Intel Corporation

Intel Corporation designs, develops, manufactures, and sells computing and semiconductor products, operating through its Client Computing Group, Data Center and AI, and Intel Foundry segments. The company serves customers in the United States and international markets, anchoring a major part of the global hardware supply chain.

Bottom Line

Royal Fund Management expanded its exposure to Intel Corporation during a period of shifting analyst sentiment and active insider transactions. Market participants will review the upcoming financial results on October 29, 2026 to gauge progress across the company's manufacturing and foundry operations.