WealthPLAN Partners LLC reduced its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 70.3% in the first quarter, HoldingsChannel.com reports. The firm owned 12,307 shares of the chip maker’s stock after selling 29,071 shares during the period. WealthPLAN Partners LLC’s holdings in Intel were worth $543,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Financially Speaking Inc increased its stake in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after buying an additional 279 shares during the period. Financial Life Planners purchased a new stake in Intel in the first quarter worth $25,000. Legacy Bridge LLC bought a new stake in Intel in the fourth quarter valued at $26,000. Raleigh Capital Management Inc. bought a new stake in Intel in the fourth quarter valued at $29,000. Finally, Swiss RE Ltd. purchased a new position in Intel during the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.
Intel News Summary
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel’s upcoming quarterly report could benefit from strong demand for server CPUs used in AI data centers, and some analysts argue the company may beat expectations if pricing remains firm. Should You Buy Intel Stock Before July 23?
- Positive Sentiment: HSBC reiterated an especially bullish view on Intel (INTC), pointing to upside from server chips and the foundry business, with a Street-high price target that signals confidence in longer-term growth. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
- Positive Sentiment: Another bullish thesis says Intel’s foundry and advanced-node progress could support a longer-lasting turnaround, with investors watching for proof points from 18A production and July earnings. Stacking Chips: The Hidden Supply Shock Fueling Intel
- Neutral Sentiment: Intel remains one of the most closely watched AI-semiconductor names, so upbeat commentary and price-target chatter are keeping trading active even as investors wait for hard financial evidence. Intel Corporation (INTC) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: The stock was hit by a broad semiconductor selloff tied to AI valuation concerns, with traders taking profits after a strong run and dumping chip stocks across the group. Intel Drops as Chip Selloff Deepens on AI Valuation Concerns
- Negative Sentiment: Coverage also highlighted pressure on Intel from the broader chip rout, with Samsung’s strong report ironically worsening fears that AI optimism may already be priced in. Intel stock is currently trading at a level not seen even during the dot-com bubble
Intel Stock Down 0.1%
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings data 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 business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
INTC has been the subject of several research reports. Barclays upped their price objective on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $100.00 price target on shares of Intel in a research report on Tuesday, May 12th. Morgan Stanley downgraded shares of Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday, June 11th. Mizuho set a $135.00 price objective on shares of Intel in a report on Sunday, June 21st. Finally, Melius Research set a $150.00 price objective on Intel in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $96.69.
Read Our Latest Research Report on INTC
Insider Activity at Intel
In related news, EVP Boise April Miller sold 40,256 shares of the company’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 sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by corporate insiders.
About Intel
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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