SGL Investment Advisors Inc. acquired a new stake in Intel Corporation (NASDAQ:INTC – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 9,625 shares of the chip maker’s stock, valued at approximately $355,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Principle Wealth Partners LLC raised its holdings in shares of 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 acquired a new stake in shares of Intel in the fourth quarter valued at approximately $907,000. Ignite Planners LLC raised its holdings in shares of 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. Axxcess Wealth Management LLC raised its holdings in shares of 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. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Intel in the fourth quarter valued at approximately $139,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Intel
In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Intel
Key Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
- Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
- Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?
Intel Price Performance
Shares of INTC opened at $119.84 on Friday. The company has a market cap of $602.32 billion, a price-to-earnings ratio of -193.29 and a beta of 2.18. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $132.75. The company’s fifty day simple moving average is $74.44 and its 200 day simple moving average is $53.45. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm 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 company earned $0.13 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.
Intel Profile
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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