NewEdge Wealth LLC Acquires 27,644 Shares of Intel Corporation $INTC

NewEdge Wealth LLC boosted its holdings in Intel Corporation (NASDAQ:INTC) by 74.3% in the fourth quarter, Holdings Channel reports. The firm owned 64,847 shares of the chip maker’s stock after purchasing an additional 27,644 shares during the quarter. NewEdge Wealth LLC’s holdings in Intel were worth $2,393,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of INTC. Legacy Bridge LLC acquired a new position in shares of Intel during the 4th quarter worth approximately $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the 4th quarter valued at approximately $29,000. Provenance Wealth Advisors LLC boosted its holdings in shares of Intel by 89.2% in the 3rd 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 last quarter. Strengthening Families & Communities LLC acquired a new stake in shares of Intel in the 3rd quarter valued at approximately $33,000. Finally, Winch Advisory Services LLC grew its position in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after acquiring an additional 213 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that Apple has held exploratory talks with Intel about using Intel for main processor production have boosted confidence in Intel’s foundry turnaround and the possibility of landing a marquee customer. Why Intel Corporation (INTC) Was One of the Top “Blue Chip” Stocks Suddenly on Fire in April
• Positive Sentiment: Mizuho raised its price target to $124 from $100, citing continued AI server demand and validating Intel’s turnaround narrative, even while keeping a Neutral rating. Mizuho Hikes Intel Price Target to $124 as Agentic AI Server Demand Validates the Turnaround
• Positive Sentiment: Intel’s stock also got a lift from reports of work with SK Hynix on new chip-packaging technology and broader investor enthusiasm around Intel’s role in the AI infrastructure build-out. Intel’s stock extends its hot streak. This is the latest source of optimism.
• Neutral Sentiment: Analysts and commentators continue to debate whether Intel’s rapid rally is already pricing in much of the good news, which adds to uncertainty about near-term upside. Intel’s Big Rally Continues, But Much of the Optimism Is Already Priced In
• Negative Sentiment: Today’s pullback is largely tied to profit-taking across chip stocks after an extended parabolic move, with investors also worried that hotter inflation could curb future data-center spending. Why Intel’s stock is falling and guiding the chip sector toward its worst day of the year
• Negative Sentiment: Several pieces today also warned that Intel may be overextended after more than doubling in a month, making the stock vulnerable to a sharper reset if sentiment cools. Why Intel Stock (INTC) Is Down Today and Why Big Banks Aren’t Buying the Dip

Analysts Set New Price Targets

A number of research analysts have recently commented on INTC shares. Tigress Financial lifted 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price objective on shares of Intel in a research report on Tuesday. Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Rosenblatt Securities lifted their target price on Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. Finally, Robert W. Baird lifted their target price on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and an average price target of $77.38.

Intel Stock Performance

NASDAQ INTC opened at $120.61 on Wednesday. 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 company has a market capitalization of $606.19 billion, a P/E ratio of -194.53 and a beta of 2.18. 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 $63.30 and a two-hundred day moving average price of $49.30.

Intel (NASDAQ:INTC) last posted 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 negative net margin of 5.90% and a positive return on equity of 0.39%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

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 on 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 directly 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. Insiders own 0.05% of the company’s stock.

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.