Onyx Bridge Wealth Group LLC decreased its position in Intel Corporation (NASDAQ:INTC – Free Report) by 46.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 6,740 shares of the chip maker’s stock after selling 5,897 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Intel were worth $297,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financially Speaking Inc boosted its position in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the period. Legacy Bridge LLC acquired a new position in Intel during the fourth quarter valued at $26,000. Raleigh Capital Management Inc. acquired a new position in Intel during the fourth quarter valued at $29,000. Swiss RE Ltd. purchased a new stake in Intel in the 4th quarter worth about $29,000. Finally, Osbon Capital Management LLC purchased a new stake in Intel in the 4th quarter worth about $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
INTC has been the topic of several research analyst reports. Seaport Research Partners lifted their target price on Intel from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Royal Bank Of Canada restated a “neutral” rating and set a $80.00 price target on shares of Intel in a report on Monday, May 4th. Tigress Financial boosted their price objective on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. DA Davidson upped their price objective on shares of Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $90.79.
Intel Price Performance
NASDAQ INTC opened at $128.32 on Monday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $644.94 billion, a PE ratio of -206.96 and a beta of 2.21. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $141.45. The company has a 50 day moving average price of $109.54 and a two-hundred day moving average price of $68.08.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $13.58 billion for 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 revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.
Key Stories Impacting Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Goldman Sachs began coverage of Intel with a neutral rating and a $150 price target, reinforcing the view that the stock still has upside after its big run. Goldman Sachs coverage on Intel
- Positive Sentiment: Micron’s blockbuster earnings and upbeat outlook for smartphones and PCs helped boost sentiment across semiconductors, including Intel, AMD, Arm, and Qualcomm. Micron article
- Positive Sentiment: Articles highlighting Intel’s turnaround, foundry push, and diversification away from Taiwan-based manufacturing are supporting the bullish narrative that Intel could gain share in advanced chips over time.
- Neutral Sentiment: Intel remains one of the most heavily watched stocks, with multiple articles focused on whether the recent rally is justified after the shares have already surged sharply this year.
- Neutral Sentiment: Congressional-trading and political headlines, including references to Intel-linked holdings and U.S. chip policy, are adding visibility but do not directly change near-term fundamentals.
- Negative Sentiment: Some market commentary says the valuation has run ahead of fundamentals, and broader chip stocks have also seen periods of renewed selling pressure, which could limit further upside if sentiment cools.
Insider Buying and Selling at Intel
In other news, EVP Boise April Miller sold 40,256 shares of the company’s 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 represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.
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.
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