Krilogy Financial LLC Has $2.38 Million Stock Position in Intel Corporation $INTC

Key Points

• Krilogy Financial LLC reduced its Intel stake by 17.7% in the first quarter, selling 11,606 shares and leaving it with 54,014 shares worth about $2.38 million.
• Institutional ownership remains high, with hedge funds and other investors holding 64.53% of Intel shares. The article also notes a recent insider sale by EVP Boise April Miller, who sold 40,256 shares.
• Intel is getting more bullish analyst attention thanks to improving fundamentals, AI demand, advanced packaging technology, and possible new customer opportunities such as an Apple chip partnership. Several firms have raised price targets, including Bank of America to $160.

Krilogy Financial LLC cut its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 17.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,014 shares of the chip maker's stock after selling 11,606 shares during the period. Krilogy Financial LLC's holdings in Intel were worth $2,384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financially Speaking Inc grew its position in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after buying an additional 279 shares in the last quarter. Legacy Bridge LLC acquired a new position in Intel in the 4th quarter valued at approximately $26,000. Raleigh Capital Management Inc. bought a new stake in shares of Intel in the 4th quarter worth approximately $29,000. Swiss RE Ltd. bought a new stake in shares of Intel in the 4th quarter worth approximately $29,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of Intel during the 4th quarter worth approximately $30,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of Intel 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 of the company's stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by company insiders.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America raised its price target on Intel to $160 from $135 and kept a Buy rating, citing improving fundamentals and strong AI demand that could support the semiconductor market’s long-term growth. Benzinga
• Positive Sentiment: Mizuho said Intel’s advanced packaging technology could help drive AI data center growth, lifting estimates and its target price as investors reassess Intel’s role in the AI infrastructure supply chain. Article
• Positive Sentiment: Intel has also been boosted by reports of a potential Apple chip partnership and recent analyst commentary that the company’s foundry turnaround and packaging capabilities could attract more outside customers. Article
• Neutral Sentiment: Several market commentary pieces highlighted that Intel’s recent rally may be getting extended, with some investors debating whether the stock has already priced in much of the comeback story. Article
• Negative Sentiment: Intel was also hit during a broader tech and AI selloff tied to weakness in semiconductors, memory-chip concerns, and a marketwide rotation out of high-valuation AI names. Article

Intel Stock Performance

Shares of NASDAQ:INTC opened at $131.22 on Thursday. The business's fifty day moving average price is $106.89 and its two-hundred day moving average price is $66.82. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $141.45. The stock has a market capitalization of $659.49 billion, a price-to-earnings ratio of -211.64 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data 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. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the company posted $0.13 earnings per share. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wall Street Zen upgraded Intel from a "hold" rating to a "buy" rating in a research report on Saturday, June 13th. Truist Financial raised their target price on Intel from $49.00 to $81.00 and gave the stock a "hold" rating in a research report on Friday, April 24th. Wells Fargo & Company lifted their price target on shares of Intel from $85.00 to $110.00 and gave the stock an "equal weight" rating in a research note on Monday, June 1st. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a report on Monday, June 1st. Finally, Bank of America raised their price objective on shares of Intel from $135.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $87.98.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.