Van Cleef Asset Management Inc Invests $207,000 in Intel Corporation $INTC

Van Cleef Asset Management Inc acquired a new position in shares of Intel Corporation (NASDAQ:INTCFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 5,600 shares of the chip maker’s stock, valued at approximately $207,000.

Several other large investors also recently modified their holdings of the company. Legacy Bridge LLC bought a new position in Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the fourth quarter worth $29,000. Provenance Wealth Advisors LLC boosted its stake in Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after acquiring an additional 446 shares in the last quarter. Strengthening Families & Communities LLC bought a new position in Intel during the third quarter worth $33,000. Finally, HighMark Wealth Management LLC boosted its stake in Intel by 177.7% during the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after acquiring an additional 567 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Price Performance

Intel stock opened at $119.84 on Monday. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $132.75. The firm has a market capitalization of $602.32 billion, a price-to-earnings ratio of -193.29 and a beta of 2.18. The firm’s fifty day moving average price is $74.44 and its two-hundred day moving average price is $53.55. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTCGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period last 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. On average, equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Trending Headlines about Intel

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Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on INTC shares. Bank of America increased their target price on shares of Intel from $48.00 to $56.00 and gave the stock an “underperform” rating in a research note on Friday, April 24th. Rosenblatt Securities increased their target price on shares of Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. Stifel Nicolaus increased their target price on shares of Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Finally, BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $81.52.

Get Our Latest Analysis on INTC

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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