Kornitzer Capital Management Inc. KS Has $1.68 Million Position in Intel Corporation $INTC

Kornitzer Capital Management Inc. KS lessened its holdings in Intel Corporation (NASDAQ:INTC) by 35.8% in the first quarter, Holdings Channel reports. The institutional investor owned 38,101 shares of the chip maker’s stock after selling 21,240 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Intel were worth $1,681,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Demars Financial Group LLC increased its position in Intel by 1.7% in the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after acquiring an additional 125 shares during the period. Raleigh Capital Management Inc. raised its stake in shares of Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares during the last quarter. Defined Wealth Management LLC lifted its holdings in shares of Intel by 2.0% during the first quarter. Defined Wealth Management LLC now owns 7,576 shares of the chip maker’s stock worth $334,000 after purchasing an additional 149 shares during the period. Essex Bank lifted its holdings in shares of Intel by 1.6% during the first quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock worth $457,000 after purchasing an additional 162 shares during the period. Finally, First Pacific Financial grew its stake in shares of Intel by 19.8% in the first quarter. First Pacific Financial now owns 1,000 shares of the chip maker’s stock worth $44,000 after purchasing an additional 165 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intel

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

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 105,077 shares in the company, valued at $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 the SEC website. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on INTC. Arete Research increased their price objective on Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Bank of America increased their price target on Intel from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. KeyCorp raised their price objective on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research report 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, Wells Fargo & Company upped their target price on Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intel currently has a consensus rating of “Hold” and a consensus price target of $97.88.

Intel Stock Performance

NASDAQ INTC opened at $109.84 on Monday. The stock has a market capitalization of $552.06 billion, a P/E ratio of -177.16 and a beta of 2.18. The business has a 50 day simple moving average of $118.67 and a 200 day simple moving average of $73.89. 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 Corporation has a one year low of $18.97 and a one year high of $142.35.

Intel (NASDAQ:INTC) last issued 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 firm had revenue of $13.58 billion for the quarter, compared to analyst estimates 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 previous year, the firm earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.64 earnings per share for the current year.

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.