Ballast Rock Private Wealth LLC Invests $244,000 in Intel Corporation $INTC

Key Points

• Ballast Rock Private Wealth LLC opened a new position in Intel during the fourth quarter, buying 6,600 shares valued at about $244,000.
• Intel continues to attract institutional interest, with several other investors increasing holdings and overall institutional ownership now at 64.53% of the stock.
• The company posted a stronger-than-expected quarter, beating EPS and revenue estimates, while analysts remain mixed but slightly more constructive amid signs of a potential Apple chip-manufacturing deal and progress in Intel’s turnaround.

Ballast Rock Private Wealth LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,600 shares of the chip maker's stock, valued at approximately $244,000.

Several other large investors also recently modified their holdings of the stock. Advisor OS LLC grew its holdings in shares of Intel by 4.2% during the 4th quarter. Advisor OS LLC now owns 12,015 shares of the chip maker's stock worth $443,000 after purchasing an additional 481 shares in the last quarter. Plato Investment Management Ltd grew its holdings in shares of Intel by 38.9% during the 4th quarter. Plato Investment Management Ltd now owns 89,812 shares of the chip maker's stock worth $3,330,000 after purchasing an additional 25,174 shares in the last quarter. Midwest Trust Co grew its holdings in shares of Intel by 5.5% during the 4th quarter. Midwest Trust Co now owns 181,240 shares of the chip maker's stock worth $6,688,000 after purchasing an additional 9,488 shares in the last quarter. EWA LLC acquired a new stake in shares of Intel during the 4th quarter worth $202,000. Finally, NewEdge Wealth LLC grew its holdings in shares of Intel by 74.3% during the 4th quarter. NewEdge Wealth LLC now owns 64,847 shares of the chip maker's stock worth $2,393,000 after purchasing an additional 27,644 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

Shares of INTC stock opened at $124.82 on Monday. 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 has a market cap of $627.32 billion, a P/E ratio of -201.31 and a beta of 2.18. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $130.57. The business has a fifty day simple moving average of $58.56 and a 200 day simple moving average of $47.46.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly 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 Securities & Exchange Commission, which can be accessed 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 reportedly reached a preliminary agreement to manufacture chips for Apple devices, which would be a major vote of confidence in Intel’s foundry business and could open a meaningful new revenue stream. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Wall Street commentary has turned more constructive on Intel’s turnaround, with analysts citing stronger earnings, improving guidance, and rising confidence in its foundry progress and AI positioning. Freedom Broker Upgrades Intel Corporation (INTC) to Buy, Lifts PT
• Positive Sentiment: Recent reports suggest Intel is benefiting from a shift in the AI chip narrative, with demand moving beyond Nvidia and into CPUs and other infrastructure-related chips. Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags
• Neutral Sentiment: Intel’s recent surge has also drawn caution from some commentators, who warn the stock may be getting stretched after an extremely rapid rally, raising the risk of volatility if deal expectations cool. Intel's stock just had its most explosive growth ever. Why skeptics are piling on.
• Negative Sentiment: Some analysis still argues Intel faces execution risk, with investors watching closely to see whether the turnaround can translate into durable profits rather than just a momentum-driven move. Intel's 33% Revenue Drop Puts Tan's Turnaround In Focus

Wall Street Analyst Weigh In

INTC has been the topic of several analyst reports. Truist Financial increased their target price on Intel from $49.00 to $81.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Freedom Capital raised Intel from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 28th. Seaport Research Partners increased their target price on Intel from $65.00 to $90.00 and gave the stock a "buy" rating in a report on Friday, April 24th. Jefferies Financial Group upped their price objective on Intel from $60.00 to $80.00 and gave the stock a "hold" rating in a research report on Friday, April 24th. Finally, Melius Research set a $75.00 price objective on Intel in a research report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Intel currently has a consensus rating of "Hold" and a consensus price target of $75.64.

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.

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