Heritage Trust Co Sells 24,966 Shares of Intel Corporation $INTC

Heritage Trust Co lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 50.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,830 shares of the chip maker’s stock after selling 24,966 shares during the quarter. Heritage Trust Co’s holdings in Intel were worth $916,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of INTC. Legacy Bridge LLC bought a new stake in Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the fourth quarter worth $29,000. Provenance Wealth Advisors LLC grew its holdings 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 buying an additional 446 shares in the last quarter. Strengthening Families & Communities LLC bought a new stake in Intel during the third quarter worth $33,000. Finally, HighMark Wealth Management LLC grew its holdings 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 buying an additional 567 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel used Computex to announce new AI infrastructure products, including Xeon 6+, rack-scale systems, and the Crescent Island GPU, signaling an effort to regain momentum in data center and AI chips.
• Positive Sentiment: Intel’s partnerships and product demos, including work with Perplexity AI and Phison, support the narrative that the company can participate in the AI PC and edge-AI buildout. Article Title
• Neutral Sentiment: Several market commentary pieces focused on Intel’s huge stock run-up over the past year and how valuation questions are resurfacing after the recent rally.
• Negative Sentiment: Nvidia’s RTX Spark launch is seen as a direct assault on Intel’s Windows PC processor franchise, raising fears of share loss in a major end market.
• Negative Sentiment: Some traders appear to be taking profits after Intel’s sharp rally, with investors also questioning near-term earnings power while foundry spending remains heavy.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on INTC shares. Evercore set a $95.00 price objective on Intel in a research note on Friday, April 24th. TD Cowen upped their price objective on Intel from $60.00 to $75.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 26th. Jefferies Financial Group upped their price objective on Intel from $60.00 to $80.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, Cantor Fitzgerald upped their price objective on Intel from $65.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $83.35.

Intel Stock Down 1.3%

Shares of NASDAQ INTC opened at $107.93 on Wednesday. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. 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 business’s fifty day moving average price is $83.20 and its 200-day moving average price is $56.95. The stock has a market capitalization of $542.46 billion, a PE ratio of -174.08 and a beta of 2.21.

Intel (NASDAQ:INTC) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s quarterly revenue was up 7.4% on a year-over-year basis. 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, equities research analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Insider Transactions 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 sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

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.