Intel Corporation $INTC Shares Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC raised its stake in Intel Corporation (NASDAQ:INTC) by 36.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 730,224 shares of the chip maker’s stock after buying an additional 194,295 shares during the period. Intel makes up approximately 1.0% of SteelPeak Wealth LLC’s holdings, making the stock its 20th largest holding. SteelPeak Wealth LLC’s holdings in Intel were worth $32,225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of INTC. Sivia Capital Partners LLC increased its position in shares of Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after buying an additional 25,001 shares in the last quarter. United Bank acquired a new position in shares of Intel during the 2nd quarter worth $205,000. Gamco Investors INC. ET AL boosted its position in shares of Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after buying an additional 1,508 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after buying an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after acquiring an additional 74,838 shares during the last quarter. 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 the firm’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 transaction of $4,006,679.68. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

INTC has been the subject of several recent research reports. BNP Paribas Exane upgraded shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price for the company in a report on Tuesday, April 21st. Morgan Stanley downgraded shares of Intel from an “overweight” rating to an “underweight” rating in a report on Thursday, June 11th. Evercore set a $95.00 price objective on shares of Intel in a research note on Friday, April 24th. KGI Securities cut shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Monday, April 20th. Finally, Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intel currently has an average rating of “Hold” and an average price target of $102.72.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Google Cloud announced an expanded partnership, with Google Cloud deepening its use of Intel’s AI-focused tools and workflows, reinforcing Intel’s relevance in enterprise AI design and cloud infrastructure. Intel, Google Cloud announce expansion of existing deal
• Positive Sentiment: Multiple analysts turned more constructive ahead of earnings, including Susquehanna raising its price target and citing stronger server demand, while other firms highlighted Intel’s improving foundry/manufacturing progress. Intel slips even as Susquehanna ups price target ahead of Q2 results
• Positive Sentiment: Intel said it has begun using ASML’s most advanced High-NA EUV equipment for chip production, a milestone that signals progress in its manufacturing roadmap and supports the bull case for its turnaround. Intel turns to next-generation ASML tool to help make its laptop chips
• Neutral Sentiment: Intel remains a heavy topic on trading desks ahead of its July 23 earnings report, with retail investors buying the dip and several commentators framing the stock as an AI/foundry turnaround play. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
• Negative Sentiment: Intel is being dragged lower by a broad semiconductor selloff as investors worry that AI spending could slow and that the chip cycle may be less durable than hoped. Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide
• Negative Sentiment: Some coverage also points to Intel’s weaker PC trends and the difficulty of competing with TSMC’s manufacturing efficiency, keeping investors cautious about how quickly the turnaround can translate into stronger profits.

Intel Price Performance

NASDAQ:INTC opened at $96.98 on Friday. The firm has a market cap of $487.42 billion, a price-to-earnings ratio of -156.42 and a beta of 2.18. 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 50-day moving average is $118.38 and its two-hundred day moving average is $75.77. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion for 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 firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.64 EPS for the current year.

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.