Tempo Wealth LLC Takes $444,000 Position in Intel Corporation $INTC

Tempo Wealth LLC purchased a new stake in Intel Corporation (NASDAQ:INTCFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,025 shares of the chip maker’s stock, valued at approximately $444,000.

Other large investors also recently bought and sold shares of the company. Financially Speaking Inc grew its stake in Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC acquired a new stake in shares of Intel in the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the fourth quarter worth approximately $29,000. Swiss RE Ltd. purchased a new stake in shares of Intel during the fourth quarter worth approximately $29,000. Finally, Provenance Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 446 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research reports. Oppenheimer began coverage on Intel in a report on Thursday, June 11th. They issued an “outperform” rating on the stock. Morgan Stanley lowered Intel from an “overweight” rating to an “underweight” rating in a research report on Thursday, June 11th. Wells Fargo & Company lifted their price objective on Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. Finally, Mizuho upped their target price on Intel from $124.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $87.09.

View Our Latest Report on Intel

Intel Price Performance

NASDAQ:INTC opened at $133.99 on Friday. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $135.48. The stock’s fifty day moving average is $101.08 and its two-hundred day moving average is $64.21. The company has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTCGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities analysts expect that Intel Corporation will post 0.63 EPS for the current year.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Key Stories Impacting Intel

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About Intel

(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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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