10,489 Shares in Intel Corporation $INTC Purchased by Element Wealth LLC

Element Wealth LLC purchased a new position 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 firm purchased 10,489 shares of the chip maker’s stock, valued at approximately $387,000.

A number of other hedge funds have also bought and sold shares of INTC. Financially Speaking Inc increased its position in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC bought a new position in Intel during the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the fourth quarter worth about $29,000. Swiss RE Ltd. bought a new position in Intel during the fourth quarter worth about $29,000. Finally, Provenance Wealth Advisors LLC increased its position in Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after acquiring an additional 446 shares during the period. 64.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $100.00 price target on shares of Intel in a research report on Tuesday, May 12th. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. BofA upgraded shares of Intel from an “underperform” rating to a “buy” rating and boosted their target price for the company from $96.00 to $135.00 in a research report on Thursday. Citigroup upgraded shares of Intel from a “buy” rating to a “buy” rating in a research report on Thursday. Finally, KeyCorp boosted their target price on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $87.31.

Intel Price Performance

Shares of NASDAQ:INTC opened at $124.57 on Friday. The stock has a market capitalization of $626.09 billion, a PE ratio of -200.92 and a beta of 2.21. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm has a 50 day moving average of $95.17 and a 200-day moving average of $61.56. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The company 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%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.05% of the company’s stock.

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.