Pettyjohn Wood & White Inc. bought a new position in Intel Corporation (NASDAQ:INTC – Free 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.
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
More Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel is still benefiting from reports that Alphabet/Google may use its foundry to manufacture millions of AI chips in 2028, a potential multi-year revenue win that strengthens Intel’s turnaround story. Google, Nvidia consider Intel as backup chip manufacturer, The Information reports
- Positive Sentiment: Cadence Design’s expanded collaboration with Intel Foundry was viewed as a sign of confidence in Intel’s next-generation manufacturing roadmap, especially for the 14A process. Cadence Announces Collaboration with Intel Foundry…
- Positive Sentiment: Intel also unveiled new innovations at Computex 2026, adding to the narrative that the company is rebuilding momentum in AI PCs and data-center chips. Intel Corporation (INTC) Unveils New Innovations at Computex 2026
- Neutral Sentiment: Despite the recent rally, some articles argue Intel’s valuation has already become stretched, raising the question of whether much of the turnaround story is already priced in. Intel Is Up 168% in 2026…
- Negative Sentiment: Intel is also under pressure from the broad semiconductor pullback and macro concerns, with traders rotating out of chip names after the sector’s strong rebound. IPG Photonics, Intel, and Monolithic Power Systems Stocks Trade Down, What You Need To Know
- Negative Sentiment: Another bearish note says Intel’s high capital spending needs make a dividend reinstatement unlikely anytime soon, which may disappoint income-focused investors. Intel Stock Has Risen Sixfold from Its 2025 Lows…
Intel 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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