Strategic Financial Services Inc. Invests $158,000 in Intel Corporation $INTC

Strategic Financial Services Inc. purchased a new position in shares of Intel Corporation (NASDAQ:INTCFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 4,289 shares of the chip maker’s stock, valued at approximately $158,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Capital World Investors increased its position in Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. Vanguard Group Inc. increased its position in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares during the period. AQR Capital Management LLC increased its position in Intel by 61.3% in the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock valued at $838,804,000 after acquiring an additional 9,503,402 shares during the period. Van ECK Associates Corp increased its position in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after acquiring an additional 8,569,812 shares during the period. Finally, Rafferty Asset Management LLC increased its position in Intel by 66.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock valued at $434,489,000 after acquiring an additional 7,736,635 shares during the period. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on INTC shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 price target on shares of Intel in a research report on Tuesday, May 12th. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday. New Street Research increased their price objective on shares of Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Finally, Roth Mkm raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $81.52.

Read Our Latest Analysis on Intel

Intel Stock Performance

NASDAQ INTC opened at $123.52 on Wednesday. The company has a market capitalization of $620.81 billion, a PE ratio of -199.22 and a beta of 2.18. 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 company has a 50-day simple moving average of $77.49 and a 200 day simple moving average of $54.73. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75.

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

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were 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 directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

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.

Further Reading

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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