Flputnam Investment Management Co. Raises Stock Position in Intel Corporation $INTC

Flputnam Investment Management Co. boosted its position in shares of Intel Corporation (NASDAQ:INTC) by 77.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 294,542 shares of the chip maker’s stock after acquiring an additional 128,408 shares during the period. Flputnam Investment Management Co.’s holdings in Intel were worth $10,869,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. Legacy Bridge LLC acquired a new stake in Intel during the fourth quarter valued at $26,000. Raleigh Capital Management Inc. acquired a new stake in Intel during the fourth quarter valued at $29,000. Provenance Wealth Advisors LLC grew its position in Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after buying an additional 446 shares during the period. Strengthening Families & Communities LLC acquired a new stake in Intel during the third quarter valued at $33,000. Finally, HighMark Wealth Management LLC grew its position in Intel by 177.7% during the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after buying an additional 567 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

NASDAQ:INTC opened at $123.52 on Wednesday. The company’s 50-day moving average price is $77.49 and its 200-day moving average price is $54.73. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company has a market cap of $620.81 billion, a P/E ratio of -199.22 and a beta of 2.18. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $132.75.

Intel (NASDAQ:INTC) last posted its quarterly 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 firm 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%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is benefiting from reports that the White House is backing its turnaround and that the company could win future foundry deals with major customers such as Apple, Nvidia, and SpaceX. What’s Going On With Intel Stock Tuesday?
• Positive Sentiment: Analysts and media coverage highlighted Intel’s momentum around its next-generation 14A process and the possibility of “risk production” by 2028, reinforcing hopes that the company can improve its competitiveness in advanced chips. “Risk Production Phase By 2028”: Intel Stock (NASDAQ:INTC) Gains as 14A Gets Closer
• Positive Sentiment: Chip stocks rallied broadly, with Intel moving higher alongside peers like AMD and Micron as investors rotated back into AI and semiconductor names. Why Qualcomm, AMD, Intel, other AI stocks are surging sharply on Tuesday

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s 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 transaction, the executive vice president directly owned 105,077 shares of the company’s stock, 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 filing with the SEC, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on INTC. Daiwa Securities Group lifted their target price on shares of Intel from $41.00 to $50.00 in a research report on Tuesday, February 3rd. Royal Bank Of Canada reiterated a “neutral” rating and issued a $80.00 target price on shares of Intel in a research report on Monday, May 4th. JPMorgan Chase & Co. lifted their target price on shares of Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Benchmark lifted their target price on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Cantor Fitzgerald lifted their target price on shares of Intel from $65.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $81.52.

About Intel

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.