Intel Corporation $INTC Shares Sold by Kornitzer Capital Management Inc. KS

Key Points

• Kornitzer Capital Management trimmed its Intel stake by 26.9% in Q4, selling 21,883 shares and now holding 59,341 shares valued at about $2.19 million.
• Intel delivered a strong Q1 beat (EPS $0.29 vs $0.01 expected; revenue $13.58B vs $12.32B) and got U.S. antitrust clearance for its SambaNova deal, driving momentum and inflows—though analysts warn of elevated volatility and potential short‑term profit‑taking.

Kornitzer Capital Management Inc. KS trimmed its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 26.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,341 shares of the chip maker's stock after selling 21,883 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Intel were worth $2,190,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC acquired a new stake in Intel in the 4th quarter valued at about $26,000. Corundum Trust Company INC acquired a new stake in Intel in the 3rd quarter valued at about $29,000. Raleigh Capital Management Inc. acquired a new stake in Intel in the 4th quarter valued at about $29,000. Provenance Wealth Advisors LLC lifted its holdings in Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock valued at $32,000 after acquiring an additional 446 shares during the last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in Intel in the 3rd quarter valued at about $33,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

Shares of INTC opened at $99.62 on Friday. The company has a market capitalization of $500.68 billion, a price-to-earnings ratio of -160.67, a P/E/G ratio of 2.94 and a beta of 2.18. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $100.45. 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 business's 50-day moving average is $54.62 and its 200-day moving average is $45.84.

Intel (NASDAQ:INTC - Get Free Report) last issued its 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 company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts expect that Intel Corporation will post 0.63 EPS for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: U.S. antitrust authorities cleared Intel's investment in SambaNova, removing a major regulatory overhang tied to the deal and validating Intel's push deeper into AI infrastructure; that clearance is a clear near‑term positive for sentiment. Read More.
• Positive Sentiment: Strong Q1 operational beat: Intel reported a sizable EPS and revenue beat and issued stable Q2 guidance, which lifted the investment thesis that Intel is converting AI infrastructure demand into durable revenue growth. Investors are treating the quarter as confirmation that Intel can compete for large data‑center spend. Read More.
• Positive Sentiment: Momentum, liquidity and positioning: April was Intel's best month ever on Nasdaq with massive inflows (including outsized moves in leveraged ETFs), drawing new retail and institutional attention and reinforcing momentum‑driven buying. Read More.
• Neutral Sentiment: Analyst revisions and upgrades are supporting the re‑rating: some firms hiked FY estimates and moved coverage to stronger ratings — this helps the fundamental narrative but may already be priced into the rally.
• Negative Sentiment: Elevated volatility and dispersion in expectations: options markets imply large moves and traders are pricing sharply divergent outcomes for INTC through the summer — that raises the risk of sharp pullbacks if momentum stalls. Read More.
• Negative Sentiment: Profit‑taking / overbought warnings: Several analysts and market commentators say the rally may be overextended in the short term and that every incremental bit of good news is being bought — investors should expect higher intraday swings and potential pullbacks. Read More.
• Negative Sentiment: Sector sensitivity: short‑term chip sector moves are still being influenced by cloud/AI spend signals (for example, OpenAI growth outlooks), which can weigh on chip names if cloud customers temper guidance. Read More.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the transaction, the executive vice president owned 113,060 shares in the company, valued at approximately $5,545,593. This represents a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on INTC. Jefferies Financial Group upped their price target on shares of Intel from $60.00 to $80.00 and gave the company a "hold" rating in a report on Friday, April 24th. Citic Securities raised shares of Intel from a "hold" rating to a "buy" rating and upped their price target for the company from $38.90 to $60.30 in a report on Monday, January 26th. BNP Paribas Exane raised shares of Intel from an "underperform" rating to a "buy" rating and set a $60.00 price target for the company in a report on Tuesday, April 21st. DZ Bank raised shares of Intel from a "sell" rating to a "neutral" rating in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Intel from $35.00 to $45.00 and gave the company an "underweight" rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $74.47.

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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