Intel Corporation $INTC Shares Bought by Kovack Advisors Inc.

Key Points

• Kovack Advisors Inc. increased its Intel stake by 238.5% in the fourth quarter, ending with 217,675 shares worth about $8.0 million. Several other hedge funds also added to their Intel positions, and institutional investors now own 64.53% of the stock.
• Intel reported better-than-expected quarterly results on April 23, posting $0.29 EPS versus $0.01 expected and revenue of $13.58 billion versus $12.32 billion expected. Revenue rose 7.4% year over year, and Intel guided Q2 2026 EPS at 0.20.
• Analyst sentiment has improved, with firms including Bank of America boosting their outlook and several price targets raised to as high as $100. Despite the optimism, Intel still carries a consensus rating of Hold with an average target price of $87.31.

Kovack Advisors Inc. boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 238.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,675 shares of the chip maker's stock after buying an additional 153,375 shares during the period. Kovack Advisors Inc.'s holdings in Intel were worth $8,032,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Winch Advisory Services LLC raised its stake in shares of Intel by 28.3% in the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker's stock valued at $36,000 after purchasing an additional 213 shares in the last quarter. Focus Financial Network Inc. raised its stake in Intel by 2.1% during the fourth quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker's stock worth $398,000 after acquiring an additional 223 shares in the last quarter. Successful Portfolios LLC raised its stake in Intel by 2.6% during the fourth quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker's stock worth $322,000 after acquiring an additional 223 shares in the last quarter. Providence Wealth Advisors LLC raised its stake in Intel by 1.7% during the fourth quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker's stock worth $527,000 after acquiring an additional 225 shares in the last quarter. Finally, Orca Investment Management LLC raised its stake in Intel by 0.5% during the fourth quarter. Orca Investment Management LLC now owns 50,697 shares of the chip maker's stock worth $1,871,000 after acquiring an additional 229 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Buying and Selling

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.05% of the company's stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America’s double upgrade and higher target are the main catalyst, reinforcing the view that Intel’s CPU and foundry businesses could drive meaningful longer-term growth. Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
• Positive Sentiment: Analysts also lifted earnings estimates, suggesting the market is becoming more optimistic about Intel’s profitability outlook over the next couple of years.
• Positive Sentiment: Broader semiconductor stocks are rebounding as investors return to beaten-down AI and chip names, adding support to Intel’s advance.
• Neutral Sentiment: Intel’s recent rally has been amplified by growing enthusiasm around its foundry turnaround and possible AI-related opportunities, but these remain longer-term execution stories rather than near-term fundamentals.
• Negative Sentiment: One item investors may watch closely is an insider sale reported today, which can sometimes temper sentiment even when the stock is rallying.

Intel Price Performance

Intel stock opened at $116.96 on Friday. The business's 50-day simple moving average is $93.64 and its 200 day simple moving average is $61.12. 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 stock has a market cap of $587.84 billion, a price-to-earnings ratio of -188.64 and a beta of 2.21. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75.

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

Analysts Set New Price Targets

Several research analysts have issued reports on INTC shares. Cantor Fitzgerald increased their price objective on Intel from $65.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $100.00 price objective on shares of Intel in a research note on Tuesday, May 12th. Rosenblatt Securities increased their price objective on Intel from $30.00 to $50.00 and gave the stock a "sell" rating in a research note on Friday, April 24th. BNP Paribas Exane upgraded Intel from an "underperform" rating to a "buy" rating and set a $60.00 price objective for the company in a research note on Tuesday, April 21st. Finally, Barclays increased their price objective on Intel from $65.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, Intel presently has a consensus rating of "Hold" and a consensus target price of $87.31.

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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