Jackson Thornton Wealth Management LLC Cuts Stock Holdings in Intel Corporation $INTC

Key Points

• Jackson Thornton Wealth Management cut its Intel stake by 23.7% in the first quarter, selling 6,868 shares and leaving it with 22,076 shares valued at about $974,000.
• Intel’s latest earnings beat expectations, with quarterly EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion versus $12.32 billion estimated, while revenue rose 7.4% year over year.
• Despite mixed analyst ratings, the stock has drawn attention from firms raising price targets, and recent commentary remains bullish on AI demand, foundry momentum, and progress at Intel’s 18A manufacturing node ahead of its July 23 earnings report.

Jackson Thornton Wealth Management LLC lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 23.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,076 shares of the chip maker's stock after selling 6,868 shares during the quarter. Jackson Thornton Wealth Management LLC's holdings in Intel were worth $974,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Financially Speaking Inc increased its holdings in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after buying an additional 279 shares during the period. Financial Life Planners purchased a new stake in Intel during the first quarter worth $25,000. Legacy Bridge LLC purchased a new stake in Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the 4th quarter valued at $29,000. Finally, Swiss RE Ltd. purchased a new position in shares of Intel in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The stock was 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 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.05% of the company's stock.

Intel Trading Down 9.7%

Shares of Intel stock opened at $110.39 on Wednesday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35. The firm has a market capitalization of $554.82 billion, a price-to-earnings ratio of -178.05 and a beta of 2.18. The firm's 50 day simple moving average is $117.30 and its two-hundred day simple moving average is $72.32.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during 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%. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of recent research reports. Truist Financial raised their price objective on Intel from $49.00 to $81.00 and gave the company a "hold" rating in a research report on Friday, April 24th. Barclays increased their price target on shares of Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a research report on Monday, June 1st. Evercore set a $95.00 price objective on shares of Intel in a research report on Friday, April 24th. Citigroup upgraded shares of Intel from a "buy" rating to a "buy" rating in a research note on Thursday, June 11th. Finally, Scotiabank started coverage on shares of Intel in a research report on Tuesday, April 21st. They set a "sector perform" rating for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $96.69.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC issued a Street-high $200 price target on Intel, arguing that AI server CPUs and the foundry business could drive materially stronger earnings than current forecasts suggest. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish note highlighted Intel’s turnaround story, citing improving AI-related demand and foundry momentum as reasons the stock could keep rising. Intel vs. AMD: Goldman Sachs Analyst Thinks the Answer Is Clear
• Positive Sentiment: Recent commentary said Intel’s 18A manufacturing node is progressing, with yield issues easing and production scaling, which could support future foundry wins and margins. Intel Corporation stock page
• Neutral Sentiment: Intel is approaching its July 23 earnings report, and the market is likely positioning ahead of that event as investors look for proof that recent pricing actions and foundry execution are translating into revenue and margin improvement.

Intel 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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