Ignite Planners LLC Grows Stock Position in Intel Corporation $INTC

Posted by Brenda Bartman on May 23rd, 2026

Ignite Planners LLC lifted its holdings in Intel Corporation (NASDAQ:INTC – Free Report) by 51.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,697 shares of the chip maker’s stock after purchasing an additional 4,679 shares during the period. Ignite Planners LLC’s holdings in Intel were worth $505,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in INTC. Legacy Bridge LLC purchased a new stake in Intel during the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. bought a new position in Intel in the fourth quarter worth approximately $29,000. Provenance Wealth Advisors LLC boosted its stake in shares of Intel by 89.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after acquiring an additional 446 shares during the last quarter. Strengthening Families & Communities LLC bought a new stake in shares of Intel during the 3rd quarter valued at $33,000. Finally, HighMark Wealth Management LLC grew its position in shares of Intel by 177.7% during the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after acquiring an additional 567 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Citic Securities raised Intel from a “hold” rating to a “buy” rating and raised their target price for the stock from $38.90 to $60.30 in a report on Monday, January 26th. Tigress Financial boosted their price target on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Truist Financial upped their price target on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, January 23rd. Finally, Evercore set a $95.00 price objective on Intel in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $81.52.

Get Our Latest Stock Analysis on Intel

Intel Trading Up 1.1%

Shares of INTC stock opened at $119.84 on Friday. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a market capitalization of $602.32 billion, a PE ratio of -193.29 and a beta of 2.18. The stock has a fifty day simple moving average of $74.44 and a two-hundred day simple moving average of $53.45.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was 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 of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Intel Company Profile

(Free Report)

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.