Intel Corporation $INTC Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC boosted its holdings in Intel Corporation (NASDAQ:INTC) by 38.7% in the 1st quarter, Holdings Channel reports. The firm owned 87,558 shares of the chip maker’s stock after purchasing an additional 24,452 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Intel were worth $3,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of INTC. Defined Wealth Management LLC increased its stake in Intel by 2.0% in the first quarter. Defined Wealth Management LLC now owns 7,576 shares of the chip maker’s stock valued at $334,000 after purchasing an additional 149 shares during the last quarter. Essex Bank lifted its position in shares of Intel by 1.6% during the 1st quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock worth $457,000 after buying an additional 162 shares during the last quarter. First Pacific Financial boosted its holdings in shares of Intel by 19.8% in the 1st quarter. First Pacific Financial now owns 1,000 shares of the chip maker’s stock valued at $44,000 after buying an additional 165 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in shares of Intel by 1.8% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 11,355 shares of the chip maker’s stock valued at $501,000 after buying an additional 199 shares in the last quarter. Finally, Inman Jager Wealth Management LLC grew its position in shares of Intel by 2.5% in the 1st quarter. Inman Jager Wealth Management LLC now owns 8,125 shares of the chip maker’s stock valued at $359,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

NASDAQ INTC opened at $120.35 on Friday. The firm’s fifty day moving average is $115.64 and its two-hundred day moving average is $70.96. Intel Corporation has a one year low of $18.97 and a one year high of $142.35. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a market cap of $604.88 billion, a PE ratio of -194.11 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping 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 business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC raised its price target on Intel to $200 and kept a Buy rating, citing progress in the foundry business and potential partnerships with Apple, Nvidia, and Amazon. Intel (INTC) Stock Could Surge 100%: HSBC Analyst Raises Target to $200
• Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock and said CEO Lip-Bu Tan has turned the company around, calling out multiple growth opportunities. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
• Positive Sentiment: Intel continues to benefit from improving views on its AI PC, networking, and foundry businesses, which are supporting rising earnings estimates and investor optimism. INTC Outpaces Industry in a Year: How to Play the Stock?
• Neutral Sentiment: TPIsoftware said it is using Intel Xeon 6 processors and Intel Arc Pro B60 GPUs for enterprise AI solutions, which adds a modest demand signal for Intel’s hardware. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
• Neutral Sentiment: Several articles noted that Intel has recently seen volatility after a huge run-up, with chip stocks also pressured by broader profit-taking and fears of an AI demand cooldown. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
• Negative Sentiment: Intel also faced broad semiconductor-sector selling as investors rotated out of high-flying chip names amid concerns that AI-driven chip demand may be cooling. US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rally

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on INTC shares. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Wolfe Research began coverage on Intel in a report on Thursday, June 11th. They set a “peer perform” rating on the stock. DA Davidson lifted their target price on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Oppenheimer began coverage on Intel in a report on Thursday, June 11th. They issued an “outperform” rating for the company. Finally, Moffett Nathanson cut Intel to a “neutral” rating in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and a consensus target price of $96.69.

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.