11,989 Shares in Intel Corporation $INTC Purchased by Eagle Wealth Advisors LLC

Eagle Wealth Advisors LLC bought a new position in Intel Corporation (NASDAQ:INTCFree Report) in the first quarter, HoldingsChannel reports. The fund bought 11,989 shares of the chip maker’s stock, valued at approximately $529,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Premier Path Wealth Partners LLC boosted its holdings in Intel by 21.0% in the first quarter. Premier Path Wealth Partners LLC now owns 34,804 shares of the chip maker’s stock worth $1,536,000 after purchasing an additional 6,034 shares during the last quarter. Inman Jager Wealth Management LLC raised its stake in Intel by 2.5% during the 1st quarter. Inman Jager Wealth Management LLC now owns 8,125 shares of the chip maker’s stock valued at $359,000 after buying an additional 200 shares during the last quarter. Mayflower Financial Advisors LLC raised its stake in Intel by 2.5% during the 1st quarter. Mayflower Financial Advisors LLC now owns 16,865 shares of the chip maker’s stock valued at $744,000 after buying an additional 416 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in shares of Intel by 0.9% during the 1st 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 buying an additional 279 shares during the period. Finally, SevenBridge Financial Group LLC bought a new position in shares of Intel during the 1st quarter valued at $179,000. Institutional investors own 64.53% of the company’s stock.

Intel Trading Up 6.0%

Shares of Intel stock opened at $139.63 on Wednesday. The company has a market capitalization of $701.78 billion, a P/E ratio of -225.21 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a fifty day moving average of $112.23 and a 200 day moving average of $69.42. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTCGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during 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%.Intel’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on INTC. HSBC raised Intel from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $50.00 to $95.00 in a report on Tuesday, April 21st. Morgan Stanley downgraded Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday, June 11th. Bank of America upped their price target 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. Moffett Nathanson cut shares of Intel to a “neutral” rating in a research note on Thursday, June 11th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $100.00 price objective on shares of Intel in a report on Wednesday, June 17th. Two 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’s stock. Based on data from MarketBeat, Intel has an average rating of “Hold” and a consensus price target of $93.93.

Get Our Latest Stock Analysis on Intel

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Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the 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 sale, the executive vice president owned 105,077 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by company insiders.

Intel 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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