Royal Palms Capital LLC Purchases Shares of 73,980 Intel Corporation $INTC

Royal Palms Capital LLC purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 73,980 shares of the chip maker’s stock, valued at approximately $2,730,000. Intel makes up approximately 3.2% of Royal Palms Capital LLC’s holdings, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Winch Advisory Services LLC increased its stake in Intel by 28.3% during the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after purchasing an additional 213 shares during the last quarter. Focus Financial Network Inc. increased its stake in Intel by 2.1% during the fourth quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock valued at $398,000 after purchasing an additional 223 shares during the last quarter. Successful Portfolios LLC increased its stake in Intel by 2.6% during the fourth quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock valued at $322,000 after purchasing an additional 223 shares during the last quarter. Providence Wealth Advisors LLC increased its stake in Intel by 1.7% during the fourth quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock valued at $527,000 after purchasing an additional 225 shares during the last quarter. Finally, Orca Investment Management LLC increased its stake in Intel by 0.5% during the fourth quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker’s stock valued at $1,871,000 after purchasing an additional 229 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is benefiting from reports that the White House is backing its turnaround and that the company could win future foundry deals with major customers such as Apple, Nvidia, and SpaceX. What’s Going On With Intel Stock Tuesday?
• Positive Sentiment: Analysts and media coverage highlighted Intel’s momentum around its next-generation 14A process and the possibility of “risk production” by 2028, reinforcing hopes that the company can improve its competitiveness in advanced chips. “Risk Production Phase By 2028”: Intel Stock (NASDAQ:INTC) Gains as 14A Gets Closer
• Positive Sentiment: Chip stocks rallied broadly, with Intel moving higher alongside peers like AMD and Micron as investors rotated back into AI and semiconductor names. Why Qualcomm, AMD, Intel, other AI stocks are surging sharply on Tuesday

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent research reports. KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price for the company. in a research note on Monday, April 20th. Rosenblatt Securities boosted their target price on shares of Intel from $30.00 to $50.00 and gave the company a “sell” rating in a research note on Friday, April 24th. Jefferies Financial Group boosted their target price on shares of Intel from $60.00 to $80.00 and gave the company a “hold” rating in a research note on Friday, April 24th. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Finally, Robert W. Baird upped their price target on shares of Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $81.52.

Intel Stock Up 3.1%

Intel stock opened at $123.52 on Wednesday. The company has a 50-day simple moving average of $77.49 and a 200-day simple moving average of $54.73. The firm has a market capitalization of $620.81 billion, a P/E ratio of -199.22 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel Corporation has a one year low of $18.97 and a one year high of $132.75.

Intel (NASDAQ:INTC) last released its quarterly 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 business had revenue of $13.58 billion during 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%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the company’s 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 completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.05% of the company’s stock.

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.