Intel Corporation $INTC Shares Sold by Jackson Thornton Wealth Management LLC

Jackson Thornton Wealth Management LLC lessened its stake in Intel Corporation (NASDAQ:INTC) by 23.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 22,076 shares of the chip maker’s stock after selling 6,868 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Intel were worth $974,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Intel during the fourth quarter valued at approximately $2,233,159,000. Capital World Investors boosted its position in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after purchasing an additional 19,722,010 shares during the period. Vanguard Group Inc. grew its stake in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC issued a Street-high $200 price target on Intel, arguing that AI server CPUs and the foundry business could drive materially stronger earnings than current forecasts suggest. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish note highlighted Intel’s turnaround story, citing improving AI-related demand and foundry momentum as reasons the stock could keep rising. Intel vs. AMD: Goldman Sachs Analyst Thinks the Answer Is Clear
• Positive Sentiment: Recent commentary said Intel’s 18A manufacturing node is progressing, with yield issues easing and production scaling, which could support future foundry wins and margins. Intel Corporation stock page
• Neutral Sentiment: Intel is approaching its July 23 earnings report, and the market is likely positioning ahead of that event as investors look for proof that recent pricing actions and foundry execution are translating into revenue and margin improvement.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on INTC. Melius Research set a $150.00 price target on shares of Intel in a report on Monday, May 18th. DA Davidson upped their price objective on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Susquehanna increased their target price on shares of Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Freedom Capital upgraded Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Finally, Jefferies Financial Group initiated coverage on Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $96.69.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the company’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 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 $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Performance

NASDAQ INTC opened at $110.39 on Wednesday. The company has a market cap of $554.82 billion, a PE ratio of -178.05 and a beta of 2.18. The stock’s 50 day simple moving average is $117.30 and its 200-day simple moving average is $72.32. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $142.35. 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 (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. The company 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 firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last 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 research analysts anticipate that Intel Corporation will post 0.63 EPS for the current fiscal year.

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.