Hanseatic Management Services Inc. Makes New $366,000 Investment in Intel Corporation $INTC

Hanseatic Management Services Inc. acquired a new position in Intel Corporation (NASDAQ:INTCFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,298 shares of the chip maker’s stock, valued at approximately $366,000.

Several other institutional investors and hedge funds have also recently modified their holdings of INTC. Financially Speaking Inc lifted its stake in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after buying an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in Intel in the 1st quarter worth $25,000. Legacy Bridge LLC bought a new stake in Intel during the fourth quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the fourth quarter valued at about $29,000. Finally, Swiss RE Ltd. purchased a new position in shares of Intel in the fourth quarter valued at about $29,000. 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 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 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 of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

INTC has been the subject of a number of recent analyst reports. KGI Securities lowered Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Monday, April 20th. HC Wainwright set a $150.00 target price on Intel in a research note on Monday, June 29th. DA Davidson boosted their price target on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. Finally, Barclays increased their price objective on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Two equities research 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $102.72.

Get Our Latest Stock Report on INTC

Intel Trading Down 2.0%

Shares of Intel stock opened at $95.04 on Friday. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $142.35. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $117.79 and a 200-day moving average price of $75.90. The firm has a market cap of $477.67 billion, a price-to-earnings ratio of -153.29 and a beta of 2.18.

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 analysts’ consensus estimates 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 company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts anticipate that Intel Corporation will post 0.65 EPS for the current fiscal year.

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.

See Also

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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