Ballast Rock Private Wealth LLC Purchases Shares of 6,600 Intel Corporation $INTC

Ballast Rock Private Wealth LLC acquired a new position in Intel Corporation (NASDAQ:INTC) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,600 shares of the chip maker’s stock, valued at approximately $244,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Advisor OS LLC increased its holdings in Intel by 4.2% in the fourth quarter. Advisor OS LLC now owns 12,015 shares of the chip maker’s stock worth $443,000 after purchasing an additional 481 shares in the last quarter. Plato Investment Management Ltd increased its holdings in shares of Intel by 38.9% during the fourth quarter. Plato Investment Management Ltd now owns 89,812 shares of the chip maker’s stock valued at $3,330,000 after acquiring an additional 25,174 shares in the last quarter. Midwest Trust Co increased its holdings in shares of Intel by 5.5% during the fourth quarter. Midwest Trust Co now owns 181,240 shares of the chip maker’s stock valued at $6,688,000 after acquiring an additional 9,488 shares in the last quarter. EWA LLC bought a new stake in shares of Intel during the fourth quarter valued at approximately $202,000. Finally, NewEdge Wealth LLC increased its holdings in shares of Intel by 74.3% during the fourth quarter. NewEdge Wealth LLC now owns 64,847 shares of the chip maker’s stock valued at $2,393,000 after acquiring an additional 27,644 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on INTC shares. Jefferies Financial Group boosted their price objective on Intel from $60.00 to $80.00 and gave the company a “hold” rating in a report on Friday, April 24th. DA Davidson boosted their price objective on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Citic Securities raised Intel from a “hold” rating to a “buy” rating and lifted their target price for the company from $38.90 to $60.30 in a research report on Monday, January 26th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Finally, New Street Research lifted their target price on Intel from $50.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $75.64.

Intel Stock Down 0.1%

Shares of NASDAQ:INTC opened at $124.82 on Monday. The company has a market capitalization of $627.32 billion, a PE ratio of -201.31 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The business has a fifty day moving average price of $58.56 and a two-hundred day moving average price of $47.46. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $130.57.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly reached a preliminary agreement to manufacture chips for Apple devices, which would be a major vote of confidence in Intel’s foundry business and could open a meaningful new revenue stream. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Wall Street commentary has turned more constructive on Intel’s turnaround, with analysts citing stronger earnings, improving guidance, and rising confidence in its foundry progress and AI positioning. Freedom Broker Upgrades Intel Corporation (INTC) to Buy, Lifts PT
• Positive Sentiment: Recent reports suggest Intel is benefiting from a shift in the AI chip narrative, with demand moving beyond Nvidia and into CPUs and other infrastructure-related chips. Wall Street sees ‘changing of the guard in AI’ as Intel, AMD shares soar while Nvidia lags
• Neutral Sentiment: Intel’s recent surge has also drawn caution from some commentators, who warn the stock may be getting stretched after an extremely rapid rally, raising the risk of volatility if deal expectations cool. Intel’s stock just had its most explosive growth ever. Why skeptics are piling on.
• Negative Sentiment: Some analysis still argues Intel faces execution risk, with investors watching closely to see whether the turnaround can translate into durable profits rather than just a momentum-driven move. Intel’s 33% Revenue Drop Puts Tan’s Turnaround In Focus

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by company insiders.

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.