Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Position in Intel Corporation $INTC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,042,957 shares of the chip maker’s stock after selling 8,120 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Intel were worth $38,485,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of INTC. Legacy Bridge LLC purchased a new stake in shares of Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel during the fourth quarter worth $29,000. Provenance Wealth Advisors LLC grew its holdings in shares of 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 purchased a new stake in shares of Intel during the third quarter worth $33,000. Finally, HighMark Wealth Management LLC grew its holdings in shares of 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. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Down 5.1%

Shares of INTC opened at $114.68 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The firm has a 50-day moving average price of $81.94 and a 200 day moving average price of $56.32. The firm has a market capitalization of $576.38 billion, a P/E ratio of -184.96 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced 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 analyst estimates 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 was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Cantor Fitzgerald upped their price objective on shares of Intel from $65.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Bank of America upped their price objective on shares of Intel from $48.00 to $56.00 and gave the company an “underperform” rating in a report on Friday, April 24th. Evercore set a $95.00 price objective on shares of Intel in a report on Friday, April 24th. Finally, Benchmark upped their price objective on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus target price of $81.52.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India’s Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan’s MediaTek says it supports both TSMC and Intel’s advanced packaging technologies

Insiders Place Their Bets

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 trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by company insiders.

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.