Intel Corporation $INTC Shares Sold by McGinn Penninger Investment Management Inc.

McGinn Penninger Investment Management Inc. trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 51.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,806 shares of the chip maker’s stock after selling 49,720 shares during the period. Intel makes up approximately 1.0% of McGinn Penninger Investment Management Inc.’s investment portfolio, making the stock its 25th largest holding. McGinn Penninger Investment Management Inc.’s holdings in Intel were worth $1,764,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of INTC. Capital World Investors increased its holdings in shares of Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares during the period. Vanguard Group Inc. increased its holdings in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. AQR Capital Management LLC increased its holdings in shares of Intel by 61.3% during the third quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock valued at $838,804,000 after purchasing an additional 9,503,402 shares during the period. Van ECK Associates Corp increased its holdings in shares of Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares during the period. Finally, Rafferty Asset Management LLC increased its holdings in shares of Intel by 66.4% during the second quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock valued at $434,489,000 after purchasing an additional 7,736,635 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

NASDAQ:INTC opened at $123.52 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. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The firm has a market cap of $620.81 billion, a P/E ratio of -199.22 and a beta of 2.18. The business’s 50-day moving average price is $77.49 and its 200 day moving average price is $54.73.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same quarter last year, the company posted $0.13 EPS. Intel’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the 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 trade represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research analyst reports. Susquehanna lifted their target price on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. New Street Research lifted their target price on Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Robert W. Baird lifted their target price on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. UBS Group set a $51.00 target price on Intel in a report on Monday, February 2nd. Finally, 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. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus price target of $81.52.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is benefiting from reports that the White House is backing its turnaround and that the company could win future foundry deals with major customers such as Apple, Nvidia, and SpaceX. What’s Going On With Intel Stock Tuesday?
• Positive Sentiment: Analysts and media coverage highlighted Intel’s momentum around its next-generation 14A process and the possibility of “risk production” by 2028, reinforcing hopes that the company can improve its competitiveness in advanced chips. “Risk Production Phase By 2028”: Intel Stock (NASDAQ:INTC) Gains as 14A Gets Closer
• Positive Sentiment: Chip stocks rallied broadly, with Intel moving higher alongside peers like AMD and Micron as investors rotated back into AI and semiconductor names. Why Qualcomm, AMD, Intel, other AI stocks are surging sharply on Tuesday

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.