Chesapeake Wealth Management Invests $221,000 in Intel Corporation $INTC

Key Points

• Chesapeake Wealth Management bought a new position in Intel during the fourth quarter, acquiring 6,000 shares valued at about $221,000.
• Intel’s latest earnings beat expectations, with $0.29 EPS and $13.58 billion in revenue, and the company also reported year-over-year revenue growth of 7.4%.
• Wall Street sentiment remains mixed but generally cautious: analysts’ consensus rating is Hold, even as some firms raised price targets and news reports point to possible upside from a preliminary Apple chip-making agreement and improving foundry prospects.

Chesapeake Wealth Management purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,000 shares of the chip maker's stock, valued at approximately $221,000.

Other large investors also recently modified their holdings of the company. Legacy Bridge LLC bought a new position in Intel in the 4th quarter worth approximately $26,000. Corundum Trust Company INC purchased a new stake in shares of Intel during the third quarter worth $29,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel during the fourth quarter worth $29,000. Provenance Wealth Advisors LLC lifted its position in shares of Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock worth $32,000 after acquiring an additional 446 shares in the last quarter. Finally, Strengthening Families & Communities LLC purchased a new stake in shares of Intel during the third quarter worth $33,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction 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 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. The trade was a 27.70% decrease in their position. The transaction 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.

Intel Stock Performance

NASDAQ INTC opened at $124.82 on Friday. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $130.57. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a market capitalization of $627.32 billion, a P/E ratio of -201.31 and a beta of 2.18. The company has a fifty day moving average of $58.56 and a 200-day moving average of $47.46.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the previous year, the firm posted $0.13 EPS. The firm's 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. As a group, equities research analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the topic of several recent research reports. New Street Research increased their target price on Intel from $50.00 to $80.00 and gave the stock a "neutral" rating in a research report on Friday, April 24th. Wedbush restated a "neutral" rating and set a $30.00 target price on shares of Intel in a research report on Tuesday, January 20th. KeyCorp increased their target price on Intel from $70.00 to $110.00 and gave the stock an "overweight" rating in a research report on Friday, April 24th. Bank of America increased their target price on Intel from $48.00 to $56.00 and gave the stock an "underperform" rating in a research report on Friday, April 24th. Finally, Loop Capital increased their target price on Intel from $40.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, Intel presently has a consensus rating of "Hold" and an average target price of $75.64.

More 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

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.

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