5,476 Shares in Intel Corporation $INTC Bought by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. bought a new position in Intel Corporation (NASDAQ:INTCFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 5,476 shares of the chip maker’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Bridge LLC bought a new position in shares of Intel during the 4th quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel during the 4th quarter valued at about $29,000. HighMark Wealth Management LLC boosted its holdings in shares of Intel by 177.7% during the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after purchasing an additional 567 shares during the last quarter. Provenance Wealth Advisors LLC boosted its holdings in shares of Intel by 89.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 446 shares during the last quarter. Finally, Winch Advisory Services LLC boosted its holdings in shares of Intel by 28.3% during the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after purchasing an additional 213 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Intel stock opened at $107.92 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. 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 $542.41 billion, a P/E ratio of -174.06 and a beta of 2.21. The company’s 50-day moving average is $90.87 and its 200 day moving average is $60.02.

Intel (NASDAQ:INTCGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping 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 company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the company posted $0.13 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Insiders Place Their Bets

In related 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 value of $4,006,679.68. Following the sale, the executive vice president directly 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 SEC, which is available through this hyperlink. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on INTC shares. New Street Research increased their price objective on shares of Intel from $50.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Morgan Stanley increased their price objective on shares of Intel from $56.00 to $73.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Tuesday, April 21st. Mizuho increased their price objective on shares of Intel from $124.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Finally, Barclays increased their price objective on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $83.35.

Read Our Latest Research Report on Intel

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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.

Further Reading

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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