Intel Corporation $INTC Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA reduced its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 6.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 805,153 shares of the chip maker's stock after selling 59,489 shares during the period. Glenmede Trust Co. NA's holdings in Intel were worth $35,531,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in INTC. Axiom Investment Management LLC acquired a new position in shares of Intel in the first quarter valued at about $178,000. Summitry LLC acquired a new stake in shares of Intel during the first quarter worth about $308,000. Wellington Grp LLC boosted its position in Intel by 20.2% in the first quarter. Wellington Grp LLC now owns 906 shares of the chip maker's stock valued at $40,000 after buying an additional 152 shares during the last quarter. Vestor Capital LLC purchased a new stake in Intel in the first quarter valued at approximately $9,441,000. Finally, Leigh Baldwin & CO. LLC acquired a new position in Intel in the 1st quarter worth approximately $210,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on INTC shares. BNP Paribas Exane raised shares of Intel from an "underperform" rating to a "buy" rating and set a $60.00 price objective on the stock in a report on Tuesday, April 21st. Needham & Company LLC reissued a "hold" rating on shares of Intel in a report on Friday, July 24th. Rosenblatt Securities boosted their target price on shares of Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research report on Friday, July 24th. Moffett Nathanson lowered shares of Intel to a "neutral" rating in a report on Thursday, June 11th. Finally, Zacks Research raised Intel from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, Intel presently has an average rating of "Hold" and an average target price of $107.93.

Intel Price Performance

NASDAQ:INTC opened at $90.20 on Friday. The stock has a 50 day moving average of $113.14 and a two-hundred day moving average of $79.70. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35. The firm has a market cap of $454.97 billion, a P/E ratio of -42.75 and a beta of 2.18. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the company earned ($0.10) EPS. The firm's revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts expect that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential Apple supply opportunity: Melius suggested Apple could use Intel alongside its primary processor supplier to reduce manufacturing risk. A win with Apple would strengthen Intel’s foundry ambitions and provide a high-profile customer opportunity. Intel Stock Rises as Analyst Sees Apple Supply Opportunity
• Positive Sentiment: AI spending and sector inflows are lifting sentiment: Strong Microsoft and Amazon results renewed confidence in cloud and AI infrastructure spending, helping semiconductor stocks recover. Semiconductor ETFs also attracted substantial new cash this week, creating broader buying support for chip names including Intel. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Positive Sentiment: Bullish commentary and earnings momentum: Jim Cramer argued that Intel belongs near $110 and said forced selling by the Situational Awareness hedge fund exaggerated the post-earnings decline. Intel’s latest quarterly results also exceeded consensus estimates, with revenue rising more than 25% year over year, while investors continue to focus on its restructuring and improving data-center business. Jim Cramer Says INTC Stock Belongs at $110
• Neutral Sentiment: Technical recovery remains uncertain: Intel has stabilized after a sharp earnings-related selloff, but technical resistance is identified around $98–$102. The stock’s elevated volatility means the rebound could remain susceptible to further reversals. Intel Stock Reclaims Momentum Near Key Resistance
• Negative Sentiment: TSMC is challenging Intel’s packaging advantage: Taiwan Semiconductor is reportedly developing technology similar to Intel’s EMIB advanced packaging, potentially weakening a key differentiator as Nvidia evaluates packaging options. This raises competitive concerns for Intel’s foundry and AI strategy. TSMC Developing Advanced Chip Packaging Technology
• Negative Sentiment: Expectations and valuation risk remain high: After the rebound, investors are demanding evidence that Intel can sustain AI-related growth and execute its costly turnaround. Analysts remain divided, and the company’s negative net margin and ongoing restructuring add to concerns about near-term profitability.

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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