Evolve Private Wealth LLC Makes New Investment in Intel Corporation $INTC

Evolve Private Wealth LLC bought a new stake in shares of Intel Corporation (NASDAQ:INTC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 76,013 shares of the chip maker’s stock, valued at approximately $2,805,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Engineers Gate Manager LP bought a new position in Intel in the 4th quarter valued at $5,825,000. Evergreen Quality Fund GP Ltd. purchased a new stake in shares of Intel during the fourth quarter valued at $18,859,000. First Manhattan CO. LLC. grew its holdings in shares of Intel by 1.6% in the fourth quarter. First Manhattan CO. LLC. now owns 2,943,484 shares of the chip maker’s stock worth $108,615,000 after purchasing an additional 46,988 shares during the last quarter. Concentric Capital Strategies LP grew its holdings in shares of Intel by 15.4% in the fourth quarter. Concentric Capital Strategies LP now owns 59,785 shares of the chip maker’s stock worth $2,206,000 after purchasing an additional 7,999 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Intel by 13.8% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,389,576 shares of the chip maker’s stock worth $51,718,000 after buying an additional 168,902 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade 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 this link. 0.05% of the stock is currently owned by insiders.

Analyst Ratings Changes

INTC has been the subject of a number of research analyst reports. Citigroup upgraded shares of Intel from a “buy” rating to a “buy” rating in a report on Thursday, June 11th. Cantor Fitzgerald raised their target price on shares of Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Moffett Nathanson downgraded shares of Intel to a “neutral” rating in a research note on Thursday, June 11th. Oppenheimer assumed coverage on Intel in a research note on Thursday, June 11th. They issued an “outperform” rating on the stock. Finally, Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $87.09.

Intel Stock Performance

Shares of INTC stock opened at $121.10 on Thursday. The firm has a market cap of $608.65 billion, a price-to-earnings ratio of -195.32 and a beta of 2.21. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. 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’s 50 day moving average is $99.46 and its 200 day moving average is $63.55.

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its next-generation 18A-P manufacturing process has entered risk production, a major milestone that suggests progress in its chipmaking comeback and improves the odds of winning external customers. Intel’s new manufacturing tech enters initial production
• Positive Sentiment: Several reports said the new node could help Intel attract customers such as Apple and Nvidia, reinforcing hopes that the company’s foundry strategy is gaining traction. Intel begins production of most-advanced chip, inching closer to possible Apple deal
• Positive Sentiment: Bernstein and Bank of America raised their views/price targets on Intel, citing stronger CPU demand from the agentic AI buildout and renewed interest in Intel’s foundry ambitions. Bernstein Boosts Price Targets for Arm, AMD, and Intel on Agentic AI Revolution
• Positive Sentiment: Media coverage framed the 18A-P announcement as a sign that Intel’s cash-burning manufacturing business may be turning a corner, which has added to momentum in the shares. Intel takes a major step toward turning around a business that’s bleeding cash
• Neutral Sentiment: Commentary pieces and stock-screen articles are also highlighting Intel as a comeback and long-term AI/semiconductor play, which may be supporting sentiment but do not add new hard catalysts. Is Intel the Comeback Stock of the Decade?
• Negative Sentiment: Some analysts continue to warn that Intel’s valuation has run ahead of fundamentals after a huge rally, suggesting the stock could remain volatile if expectations get too high. Intel: The Re-Rating Has Gone Too Far

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.