Mizuho Markets Americas LLC Buys Shares of 850,000 Intel Corporation $INTC

Mizuho Markets Americas LLC bought a new stake in Intel Corporation (NASDAQ:INTCFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 850,000 shares of the chip maker’s stock, valued at approximately $31,365,000.

Several other large investors have also recently bought and sold shares of the company. SGL Investment Advisors Inc. bought a new position in Intel in the fourth quarter valued at about $355,000. Principle Wealth Partners LLC raised its position in Intel by 19.4% in the fourth quarter. Principle Wealth Partners LLC now owns 16,930 shares of the chip maker’s stock valued at $625,000 after purchasing an additional 2,750 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in Intel in the fourth quarter valued at about $907,000. Ignite Planners LLC raised its position in Intel by 51.9% in the fourth quarter. Ignite Planners LLC now owns 13,697 shares of the chip maker’s stock valued at $505,000 after purchasing an additional 4,679 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its position in Intel by 86.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 154,349 shares of the chip maker’s stock valued at $5,695,000 after purchasing an additional 71,629 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the firm’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 transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on INTC shares. Royal Bank Of Canada reiterated a “neutral” rating and issued a $80.00 target price on shares of Intel in a research report on Monday, May 4th. KeyCorp increased their target price on Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, January 23rd. Truist Financial raised their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, Citigroup raised their price objective on Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $81.52.

Check Out Our Latest Stock Analysis on INTC

Intel Price Performance

Shares of INTC opened at $119.84 on Friday. The business has a 50-day moving average of $74.44 and a 200-day moving average of $53.45. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The company has a market capitalization of $602.32 billion, a price-to-earnings ratio of -193.29 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTCGet Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter last year, the firm posted $0.13 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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