Intel Corporation $INTC Shares Sold by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. decreased its position in Intel Corporation (NASDAQ:INTC) by 90.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,696 shares of the chip maker’s stock after selling 15,822 shares during the period. Pittenger & Anderson Inc.’s holdings in Intel were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in INTC. Sivia Capital Partners LLC grew its holdings in Intel by 271.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after buying an additional 25,001 shares in the last quarter. United Bank bought a new stake in Intel during the 2nd quarter valued at $205,000. Gamco Investors INC. ET AL boosted its position in Intel by 12.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after acquiring an additional 1,508 shares during the period. NewEdge Advisors LLC boosted its position in Intel by 29.6% during the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after acquiring an additional 36,116 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Price Performance

NASDAQ INTC opened at $109.84 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company’s 50 day simple moving average is $118.67 and its 200 day simple moving average is $73.89. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35. The company has a market capitalization of $552.06 billion, a P/E ratio of -177.16 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its 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 firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts expect that Intel Corporation will post 0.64 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction 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 $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Intel in a research note on Friday, April 24th. Bank of America increased their target price on shares of Intel from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada reissued a “neutral” rating and set a $80.00 target price on shares of Intel in a research note on Monday, May 4th. Seaport Research Partners boosted their price target on shares of Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Mizuho set a $135.00 price target on shares of Intel in a research note on Sunday, June 21st. Two investment 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 given a Sell rating to the stock. According to MarketBeat, Intel has a consensus rating of “Hold” and a consensus price target of $97.88.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Stifel raised its price target on Intel to $120 from $75, signaling continued confidence in the company’s recovery trajectory. Benzinga report on Stifel target hike
• Positive Sentiment: Intel’s operating margins are improving, with recent commentary noting non-GAAP operating income of $1.7 billion and margin expansion to 12.3% in Q1 2026, supporting the turnaround story. Zacks article on improving margins
• Positive Sentiment: Articles pointed to Intel’s turnaround gaining credibility, citing revenue beats, growth in data center and AI sales, and progress at its 18A manufacturing node. 247WallSt turnaround article
• Neutral Sentiment: HSBC remained constructive on Intel but the stock still fell despite that support, suggesting investors are focusing more on valuation and sector rotation than on bullish commentary alone. TipRanks/HSBC mention
• Neutral Sentiment: Intel’s upcoming Q2 earnings on July 23 remain a key catalyst, with investors looking for confirmation that recent operational improvements are sustainable. TipRanks Wells Fargo earnings preview
• Negative Sentiment: Several reports said Intel was hit by a broad semiconductor selloff and profit-taking, which pressured the stock alongside peers like AMD and Micron. Yahoo Finance article on Intel shares down today
• Negative Sentiment: Bearish analyst and short-seller commentary also weighed on sentiment, including JPMorgan naming Intel a high-conviction short idea and other notes warning the stock may be expensive after its big rally. Benzinga JPMorgan short idea article

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.