Bokf Na Reduces Holdings in Intel Corporation $INTC

Key Points

• Bokf Na reduced its Intel stake by 12.4% in the fourth quarter, selling 5,836 shares and leaving it with 41,205 shares valued at about $1.52 million.
• Intel is drawing fresh optimism from major news and analyst upgrades, including reports of a preliminary chip-making deal with Apple and improving Wall Street sentiment around its turnaround and foundry business.
• Despite the upbeat outlook, risks remain: Intel’s stock has surged sharply, prompting valuation concerns, and some analysts still question whether the turnaround will lead to durable profitability.

Bokf Na lessened its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,205 shares of the chip maker's stock after selling 5,836 shares during the quarter. Bokf Na's holdings in Intel were worth $1,520,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new position in shares of Intel in the fourth quarter valued at approximately $111,000. Alpha Cubed Investments LLC raised its position in shares of Intel by 8.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 19,660 shares of the chip maker's stock worth $725,000 after acquiring an additional 1,509 shares in the last quarter. Falcon Wealth Planning lifted its stake in Intel by 27.5% during the fourth quarter. Falcon Wealth Planning now owns 13,461 shares of the chip maker's stock worth $497,000 after purchasing an additional 2,905 shares during the last quarter. Millstone Evans Group LLC lifted its stake in Intel by 51.5% during the fourth quarter. Millstone Evans Group LLC now owns 5,294 shares of the chip maker's stock worth $195,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Intel by 5.6% in the 4th quarter. Principal Financial Group Inc. now owns 4,966,953 shares of the chip maker's stock valued at $183,281,000 after buying an additional 264,660 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Key Intel News

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

Intel Stock Performance

Intel stock opened at $124.82 on Friday. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $130.57. The firm's fifty day moving average price is $58.56 and its 200 day moving average price is $47.46. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company has a market capitalization of $627.32 billion, a price-to-earnings ratio of -201.31 and a beta of 2.18.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the business posted $0.13 EPS. Intel'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. On average, research analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business's stock in a transaction on 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. The trade was a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on INTC shares. Citigroup raised shares of Intel from a "neutral" rating to a "buy" rating and lifted their target price for the company from $48.00 to $95.00 in a report on Tuesday, April 21st. KGI Securities cut shares of Intel from an "outperform" rating to a "neutral" rating and set a $71.00 price target for the company. in a report on Monday, April 20th. Bank of America raised their price objective on shares of Intel from $48.00 to $56.00 and gave the company an "underperform" rating in a research report on Friday, April 24th. Truist Financial lifted their price objective on Intel from $49.00 to $81.00 and gave the company a "hold" rating in a report on Friday, April 24th. Finally, Northland Securities boosted their target price on Intel from $54.00 to $92.00 and gave the stock an "outperform" rating in a research report on Monday, April 13th. One equities research 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 given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $75.64.

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.

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