Intel Corporation $INTC Shares Bought by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Intel stake by 59.1% in the fourth quarter, and several other institutional investors also added to their positions, with hedge funds and institutions owning 64.53% of the stock.
• Analyst sentiment remains mixed: several firms raised price targets sharply, but the overall consensus rating is still Hold with an average target price of $81.52.
• Intel has recently reported better-than-expected earnings and revenue, while also highlighting AI-related momentum through its Core Ultra Series 3 processors and reported interest in acquiring AI startup Tenstorrent.

Envestnet Portfolio Solutions Inc. boosted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 59.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 34,790 shares of the chip maker's stock after purchasing an additional 12,927 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in Intel were worth $1,284,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Winch Advisory Services LLC grew its position in Intel by 28.3% during the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker's stock worth $36,000 after purchasing an additional 213 shares during the period. Focus Financial Network Inc. grew its position in Intel by 2.1% during the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker's stock worth $398,000 after purchasing an additional 223 shares during the period. Successful Portfolios LLC grew its position in Intel by 2.6% during the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker's stock worth $322,000 after purchasing an additional 223 shares during the period. Orca Investment Management LLC grew its position in Intel by 0.5% during the 4th quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker's stock worth $1,871,000 after purchasing an additional 229 shares during the period. Finally, Jeppson Wealth Management LLC grew its position in Intel by 1.1% during the 4th quarter. Jeppson Wealth Management LLC now owns 21,236 shares of the chip maker's stock worth $784,000 after purchasing an additional 229 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Northland Securities increased their price target on Intel from $54.00 to $92.00 and gave the stock an "outperform" rating in a research report on Monday, April 13th. Melius Research set a $150.00 price target on Intel in a research report on Monday, May 18th. Barclays increased their target price on shares of Intel from $45.00 to $65.00 and gave the stock an "equal weight" rating in a research note on Friday, April 24th. Cantor Fitzgerald increased their target price on shares of Intel from $65.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, April 24th. Finally, Mizuho increased their target price on shares of Intel to $124.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $81.52.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares of the company's stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
• Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
• Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Intel Trading Up 1.1%

INTC stock opened at $119.84 on Friday. The company's 50-day simple moving average is $74.44 and its 200-day simple moving average is $53.45. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The firm has a market cap of $602.32 billion, a P/E ratio of -193.29 and a beta of 2.18.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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 business had revenue of $13.58 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal 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.

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