Hoertkorn Richard Charles Decreases Stock Position in Intel Corporation $INTC

Hoertkorn Richard Charles lessened its stake in Intel Corporation (NASDAQ:INTC) by 34.5% in the first quarter, HoldingsChannel reports. The fund owned 57,975 shares of the chip maker’s stock after selling 30,525 shares during the period. Intel makes up about 2.1% of Hoertkorn Richard Charles’ portfolio, making the stock its 17th biggest position. Hoertkorn Richard Charles’ holdings in Intel were worth $2,558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Financial Life Planners purchased a new position in Intel in the 1st quarter worth approximately $25,000. Financially Speaking Inc lifted its position in Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares during the last quarter. Legacy Bridge LLC purchased a new stake in shares of Intel during the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel during the fourth quarter valued at approximately $29,000. Finally, Swiss RE Ltd. bought a new position in shares of Intel in the fourth quarter worth approximately $29,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s upcoming quarterly report could benefit from strong demand for server CPUs used in AI data centers, and some analysts argue the company may beat expectations if pricing remains firm. Should You Buy Intel Stock Before July 23?
• Positive Sentiment: HSBC reiterated an especially bullish view on Intel (INTC), pointing to upside from server chips and the foundry business, with a Street-high price target that signals confidence in longer-term growth. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish thesis says Intel’s foundry and advanced-node progress could support a longer-lasting turnaround, with investors watching for proof points from 18A production and July earnings. Stacking Chips: The Hidden Supply Shock Fueling Intel
• Neutral Sentiment: Intel remains one of the most closely watched AI-semiconductor names, so upbeat commentary and price-target chatter are keeping trading active even as investors wait for hard financial evidence. Intel Corporation (INTC) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: The stock was hit by a broad semiconductor selloff tied to AI valuation concerns, with traders taking profits after a strong run and dumping chip stocks across the group. Intel Drops as Chip Selloff Deepens on AI Valuation Concerns
• Negative Sentiment: Coverage also highlighted pressure on Intel from the broader chip rout, with Samsung’s strong report ironically worsening fears that AI optimism may already be priced in. Intel stock is currently trading at a level not seen even during the dot-com bubble

Intel Stock Performance

Shares of INTC stock opened at $110.24 on Thursday. The stock has a fifty day moving average of $117.81 and a 200 day moving average of $72.84. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35. The firm has a market capitalization of $554.07 billion, a price-to-earnings ratio of -177.80 and a beta of 2.18. 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 issued 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. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the previous year, the firm earned $0.13 EPS. The company’s quarterly 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. As a group, research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on INTC shares. KeyCorp lifted their target price on shares of Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Roth Capital raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Friday, April 24th. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. Piper Sandler started coverage on shares of Intel in a research note on Thursday, June 11th. They set a “neutral” rating for the company. Finally, Oppenheimer assumed coverage on shares of Intel in a report on Thursday, June 11th. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $96.69.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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.