Havemeyer Place LP Invests $372,000 in Intel Corporation $INTC

Havemeyer Place LP acquired a new position in Intel Corporation (NASDAQ:INTC) in the 4th quarter, Holdings Channel.com reports. The firm acquired 10,069 shares of the chip maker’s stock, valued at approximately $372,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Legacy Bridge LLC purchased a new stake in shares of Intel in the 4th quarter worth $26,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel in the 4th quarter worth $29,000. Provenance Wealth Advisors LLC increased its stake in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after purchasing an additional 446 shares in the last quarter. HighMark Wealth Management LLC increased its stake in shares of Intel by 177.7% in the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after purchasing an additional 567 shares in the last quarter. Finally, Winch Advisory Services LLC increased its stake in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after purchasing an additional 213 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is still benefiting from reports that Alphabet/Google may use its foundry to manufacture millions of AI chips in 2028, a potential multi-year revenue win that strengthens Intel’s turnaround story. Google, Nvidia consider Intel as backup chip manufacturer, The Information reports
• Positive Sentiment: Cadence Design’s expanded collaboration with Intel Foundry was viewed as a sign of confidence in Intel’s next-generation manufacturing roadmap, especially for the 14A process. Cadence Announces Collaboration with Intel Foundry…
• Positive Sentiment: Intel also unveiled new innovations at Computex 2026, adding to the narrative that the company is rebuilding momentum in AI PCs and data-center chips. Intel Corporation (INTC) Unveils New Innovations at Computex 2026
• Neutral Sentiment: Despite the recent rally, some articles argue Intel’s valuation has already become stretched, raising the question of whether much of the turnaround story is already priced in. Intel Is Up 168% in 2026…
• Negative Sentiment: Intel is also under pressure from the broad semiconductor pullback and macro concerns, with traders rotating out of chip names after the sector’s strong rebound. IPG Photonics, Intel, and Monolithic Power Systems Stocks Trade Down, What You Need To Know
• Negative Sentiment: Another bearish note says Intel’s high capital spending needs make a dividend reinstatement unlikely anytime soon, which may disappoint income-focused investors. Intel Stock Has Risen Sixfold from Its 2025 Lows…

Insider Activity at Intel

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on INTC shares. Citigroup upped their price objective on Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Mizuho upped their price objective on Intel from $124.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Wells Fargo & Company upped their price objective on Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Rosenblatt Securities upped their price objective on Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. Finally, Scotiabank initiated coverage on shares of Intel in a report on Tuesday, April 21st. They issued a “sector perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $83.35.

Intel Trading Down 2.1%

Shares of Intel stock opened at $107.92 on Wednesday. The company has a market capitalization of $542.41 billion, a P/E ratio of -174.06 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 $90.87 and a 200 day moving average of $60.02. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $132.75.

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 the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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.

Intel Company 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.