Harbour Wealth Management Group Inc. purchased a new stake in Intel Corporation (NASDAQ:INTC – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 58,075 shares of the chip maker’s stock, valued at approximately $2,143,000. Intel comprises 1.7% of Harbour Wealth Management Group Inc.’s investment portfolio, making the stock its 20th largest position.
A number of other hedge funds have also recently bought and sold shares of INTC. Winch Advisory Services LLC grew its position in shares of Intel by 28.3% during the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after buying an additional 213 shares in the last quarter. ROI Financial Advisors LLC raised its holdings in Intel by 1.7% in the fourth quarter. ROI Financial Advisors LLC now owns 12,967 shares of the chip maker’s stock valued at $478,000 after acquiring an additional 217 shares in the last quarter. Focus Financial Network Inc. boosted its stake in Intel by 2.1% during the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock valued at $398,000 after acquiring an additional 223 shares during the last quarter. Successful Portfolios LLC grew its holdings in Intel by 2.6% during the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock worth $322,000 after acquiring an additional 223 shares in the last quarter. Finally, Providence Wealth Advisors LLC grew its holdings in Intel by 1.7% during the 4th quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock worth $527,000 after acquiring an additional 225 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.
Intel Price Performance
Shares of INTC opened at $133.99 on Friday. The company has a market cap of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. The stock has a fifty day moving average price of $101.08 and a 200 day moving average price of $64.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $135.48.
Key Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: President Trump said Apple has agreed to work with Intel to design and manufacture chips in the U.S., which would be a major validation of Intel’s foundry strategy and a potential long-term revenue driver. Trump says Apple to work with Intel to manufacture chips in US
- Positive Sentiment: Intel also announced a leadership change at Intel Foundry, naming industry veteran Seok-Hee Lee to lead its advanced packaging push, signaling tighter execution in a key growth area. Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
- Positive Sentiment: Separately, Intel’s progress on its advanced 18A-P manufacturing node entering risk production continued to fuel turnaround optimism and support the stock’s momentum. INTC Stock Alert: Intel to Begin Production of Its Most Advanced Chip
- Neutral Sentiment: Broader semiconductor strength and a rebound in tech stocks also helped lift sentiment around Intel, alongside growing investor interest in AI infrastructure plays. Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
- Negative Sentiment: Despite the surge, some Wall Street coverage remains cautious, with commentary suggesting Intel’s valuation has run ahead of fundamentals and that execution risks still matter. Trump Just Sent Intel Stock Soaring. Here’s Why.
Analyst Ratings Changes
Several brokerages recently weighed in on INTC. DA Davidson boosted their price objective on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Roth Mkm upgraded Intel from a “neutral” rating to a “buy” rating and set a $100.00 target price for the company in a research report on Friday, April 24th. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Jefferies Financial Group began coverage on Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Finally, Benchmark lifted their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $87.09.
Get Our Latest Stock Report on Intel
Insider Buying and Selling at Intel
In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated 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 sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. 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 company insiders.
Intel Company 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.
Featured Articles
- Five stocks we like better than Intel
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC – Free Report).
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.
