Intrust Bank NA Sells 10,301 Shares of Intel Corporation $INTC

Intrust Bank NA lowered its holdings in shares of Intel Corporation (NASDAQ:INTC) by 25.1% during the fourth quarter, HoldingsChannel reports. The firm owned 30,662 shares of the chip maker’s stock after selling 10,301 shares during the quarter. Intrust Bank NA’s holdings in Intel were worth $1,131,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. iA Global Asset Management Inc. increased its holdings in Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Intel by 18.3% in 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 in the last quarter. Heritage Investment Group Inc. bought a new stake in shares of Intel in the fourth quarter valued at about $219,000. Vanguard Group Inc. boosted its position 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 worth $14,926,873,000 after buying an additional 13,692,624 shares during the period. Finally, Katamaran Capital LLP bought a new position in shares of Intel during the third quarter worth about $349,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of Intel 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 completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

INTC has been the topic of a number of recent research reports. Citigroup lifted their target price on Intel from $95.00 to $130.00 and gave the company a “buy” rating in a research report on Monday. Morgan Stanley boosted their price objective on shares of Intel from $56.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Wells Fargo & Company raised their target price on shares of Intel from $55.00 to $85.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Barclays boosted their price target on shares of Intel from $45.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Finally, Rosenblatt Securities increased their price objective on shares of Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $81.52.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is benefiting from a broad chip-sector rebound ahead of Nvidia’s earnings, with traders betting the AI infrastructure boom will keep lifting semiconductor stocks. This helped Intel snap a recent losing streak and attract strong volume.
• Positive Sentiment: Reports that Intel is in early-stage talks to acquire AI-chip startup Tenstorrent have boosted sentiment, as the move could strengthen Intel’s AI hardware roadmap and expand its talent pool.
• Positive Sentiment: Several analysts turned more constructive, including Citi raising its price target, while other notes said Intel could have significant upside from the AI CPU market and growing demand for newer chips.
• Neutral Sentiment: Intel CEO Lip-Bu Tan’s comments about building a “new Intel” with faster decision-making and flatter management reinforce the turnaround narrative, but they are more strategic than immediately financial.
• Neutral Sentiment: New product and design wins, including Samsung’s Galaxy Book6 Enterprise Edition using Intel Core Ultra processors, support the company’s PC and client business, though the direct stock impact is likely limited near term.
• Negative Sentiment: Some commentary warns the chip rally may be getting crowded and vulnerable to pullbacks if AI enthusiasm cools or if investors rotate out of high-flying semiconductor names.

Intel Price Performance

Shares of INTC opened at $118.96 on Thursday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $71.57 and its 200 day simple moving average is $52.43. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $132.75. The company has a market cap of $597.89 billion, a price-to-earnings ratio of -191.87 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 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 analysts’ expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal 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.