Prospera Financial Services Inc Buys 152,829 Shares of Intel Corporation $INTC

Prospera Financial Services Inc boosted its stake in shares of Intel Corporation (NASDAQ:INTC) by 181.4% during the 4th quarter, HoldingsChannel reports. The fund owned 237,084 shares of the chip maker’s stock after purchasing an additional 152,829 shares during the period. Prospera Financial Services Inc’s holdings in Intel were worth $8,749,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Legacy Bridge LLC bought a new position in shares of Intel during the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel during the fourth quarter valued at approximately $29,000. Provenance Wealth Advisors LLC grew its stake 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 valued at $32,000 after buying an additional 446 shares during the last quarter. Strengthening Families & Communities LLC bought a new position in shares of Intel during the third quarter valued at approximately $33,000. Finally, HighMark Wealth Management LLC grew its stake 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 valued at $33,000 after buying an additional 567 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. 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 currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Jefferies Financial Group upped their target price on Intel from $60.00 to $80.00 and gave the company a “hold” rating in a research note on Friday, April 24th. HSBC raised Intel from a “hold” rating to a “buy” rating and upped their target price for the company from $50.00 to $95.00 in a research note on Tuesday, April 21st. Scotiabank assumed coverage on Intel in a research note on Tuesday, April 21st. They set a “sector perform” rating on the stock. Truist Financial upped their target price on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company upped their target price on Intel from $55.00 to $85.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $81.52.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
• Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
• Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Intel Price Performance

Shares of NASDAQ:INTC opened at $119.84 on Monday. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The stock has a market cap of $602.32 billion, a P/E ratio of -193.29 and a beta of 2.18. The business’s 50 day moving average is $74.44 and its 200 day moving average is $53.55. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

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, topping the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the firm earned $0.13 earnings per share. Intel’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts predict that Intel Corporation will post 0.63 EPS for the current year.

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.