Premier Path Wealth Partners LLC Grows Stake in Intel Corporation $INTC

Premier Path Wealth Partners LLC grew its stake in shares of Intel Corporation (NASDAQ:INTCFree Report) by 21.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,804 shares of the chip maker’s stock after acquiring an additional 6,034 shares during the period. Premier Path Wealth Partners LLC’s holdings in Intel were worth $1,536,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Inman Jager Wealth Management LLC raised its holdings 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 worth $359,000 after purchasing an additional 200 shares during the period. Mayflower Financial Advisors LLC grew its holdings in Intel by 2.5% during the first quarter. Mayflower Financial Advisors LLC now owns 16,865 shares of the chip maker’s stock valued at $744,000 after purchasing an additional 416 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. grew its holdings in Intel by 0.9% during the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 30,755 shares of the chip maker’s stock valued at $1,357,000 after purchasing an additional 279 shares during the period. SevenBridge Financial Group LLC purchased a new stake in Intel in the first quarter worth $179,000. Finally, SJS Investment Consulting Inc. increased its position in Intel by 138.5% in the first quarter. SJS Investment Consulting Inc. now owns 4,235 shares of the chip maker’s stock worth $187,000 after buying an additional 2,459 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on INTC. Freedom Capital raised Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. New Street Research lifted their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Zacks Research upgraded Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. KeyCorp upped their price objective on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, HC Wainwright set a $150.00 target price on shares of Intel in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $93.93.

Check Out Our Latest Analysis on INTC

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is owned by insiders.

Intel Price Performance

Intel stock opened at $139.63 on Wednesday. Intel Corporation has a one year low of $18.97 and a one year high of $142.35. The business has a fifty day moving average price of $112.23 and a 200-day moving average price of $69.42. 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 firm has a market capitalization of $701.78 billion, a P/E ratio of -225.21 and a beta of 2.21.

Intel (NASDAQ:INTCGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’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. As a group, equities research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Intel Company Profile

(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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