Clare Market Investments LLC Acquires New Shares in Intel Corporation $INTC

Clare Market Investments LLC acquired a new position in Intel Corporation (NASDAQ:INTCFree Report) in the first quarter, HoldingsChannel reports. The fund acquired 67,798 shares of the chip maker’s stock, valued at approximately $2,992,000. Intel comprises 0.6% of Clare Market Investments LLC’s investment portfolio, making the stock its 28th biggest holding.

Several other large investors have also modified their holdings of the business. Sivia Capital Partners LLC boosted its position in Intel by 271.7% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank bought a new position in shares of Intel during the 2nd quarter worth approximately $205,000. Gamco Investors INC. ET AL lifted its position in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after acquiring an additional 1,508 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after acquiring an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Intel Price Performance

NASDAQ:INTC opened at $114.69 on Tuesday. Intel Corporation has a one year low of $18.97 and a one year high of $142.35. 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 cap of $576.44 billion, a price-to-earnings ratio of -183.48 and a beta of 2.18. The firm’s fifty day moving average is $116.74 and its two-hundred day moving average is $71.80.

Intel (NASDAQ:INTCGet Free Report) last posted 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. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.Intel’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.63 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on INTC shares. BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Tuesday, April 21st. Oppenheimer initiated coverage on shares of Intel in a research report on Thursday, June 11th. They issued an “outperform” rating for the company. Mizuho set a $135.00 target price on shares of Intel in a research report on Sunday, June 21st. Susquehanna upped their price target on shares of Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Truist Financial lifted their price objective on shares of Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $96.69.

View Our Latest Stock Analysis on Intel

Intel News Roundup

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Intel 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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