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Illinois Municipal Retirement Fund Reduces Intel Corporation Stake by Selling 112,969 Shares
Overall sentiment: Neutral
Open original · Written by MarketBeatJuly 17, 2026 ShareLink copied to clipboard.
Published Jul 17, 2026 · Retrieved Jul 17, 2026
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- Illinois Municipal Retirement Fund sold 112,969 Intel shares, reducing its stake by 24% in Q1 2026 Newsworthy Reliable Neutral
- Post-sale, Illinois Municipal Retirement Fund held 357,228 Intel shares valued at $15.76 million Relevant Reliable Neutral
- Intel's Q1 2026 revenue rose 7.4% year-over-year to $13.58 billion; EPS beat estimates at $0.29 Newsworthy Reliable Very positive
- Intel used ASML's advanced High-NA EUV equipment, signaling progress in its manufacturing roadmap Relevant Reliable Very positive
- Intel and Google Cloud expanded their partnership, enhancing Intel's role in enterprise AI and cloud Relevant Reliable Very positive
- Executive Vice President April Miller sold 40,256 Intel shares on May 1, 2026, reducing holdings by 27.7% Relevant Reliable Negative
- Intel stock price ranged from $18.97 to $142.35 in the past year, opening at $96.98 on July 17, 2026 Relevant Reliable Neutral
- Analysts mostly rate Intel shares as Hold with consensus price target around $102.72 Relevant Reliable Neutral
Type: standard news · Analysis confidence: 95%