Keynote Financial Services LLC Sells 5,519 Shares of Intel Corporation $INTC

Keynote Financial Services LLC decreased its stake in Intel Corporation (NASDAQ:INTC) by 6.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,898 shares of the chip maker’s stock after selling 5,519 shares during the period. Intel accounts for 1.9% of Keynote Financial Services LLC’s portfolio, making the stock its 10th largest position. Keynote Financial Services LLC’s holdings in Intel were worth $3,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new position in Intel during the 4th quarter worth $2,233,159,000. Capital Research Global Investors lifted its stake in Intel by 285.9% in the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares during the last quarter. Capital World Investors lifted its stake in Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. Vanguard Group Inc. boosted 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 acquiring an additional 13,692,624 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on INTC shares. Morgan Stanley increased their price objective on shares of Intel from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday. Sanford C. Bernstein reissued a “market perform” rating and set a $100.00 target price on shares of Intel in a research note on Wednesday, June 17th. Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Susquehanna raised their price target on shares of Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 price target on shares of Intel in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $102.77.

Intel Price Performance

Shares of NASDAQ INTC opened at $102.62 on Thursday. The stock has a market cap of $515.77 billion, a P/E ratio of -165.51 and a beta of 2.18. The firm’s 50-day simple moving average is $116.48 and its 200 day simple moving average is $77.54. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. 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 earnings results 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 analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 EPS. Equities analysts expect that Intel Corporation will post 0.65 EPS 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 that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s foundry business landed its first named outside customer under CEO Lip-Bu Tan, with Fortinet signing on to use Intel Foundry for its Security Processor 6 on Intel 4. The announcement also reinforced the idea that Intel is gaining traction in contract manufacturing. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
• Positive Sentiment: Analyst and market commentary turned more constructive ahead of earnings, with reports citing stronger server demand, pricing gains, and a likely Q2 revenue beat. Several funds were also said to be buying Intel stock ahead of the results. Wedbush delivers bold verdict on Intel stock ahead of earnings
• Positive Sentiment: Intel also benefited from a broader chip rebound and optimism around AI demand, with several stories suggesting its turnaround, foundry efforts, and AI infrastructure exposure could support upside if Thursday’s report confirms momentum. Intel results test if AI-fueled rally has room to run
• Neutral Sentiment: There were also reports that Intel is seeking a partner for its Ohio chip fab, rather than selling it outright, and SK hynix quickly denied acquisition talks. That kept the rumor mill active but did not create a clear new strategic catalyst. Intel mulls partnership for Ohio chip fab, SK Hynix among candidates – report
• Negative Sentiment: Pressure remains from a sluggish PC market, high expectations after a huge year-to-date run, and reports of fresh data-center layoffs as CEO Lip-Bu Tan continues restructuring. Investors appear concerned that earnings may need to be very strong to justify the recent rally. Intel plans layoffs within its data center group

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.