Oppenheimer Asset Management Inc. Sells 44,949 Shares of Intel Corporation $INTC

Key Points

• Oppenheimer Asset Management cut its Intel stake by 32.2%, selling 44,949 shares in Q4 and leaving 94,644 shares valued at about $3.49 million per its latest 13F filing.
• Near‑term positives include U.S. antitrust clearance for Intel's SambaNova investment and a strong Q1 operational beat (EPS $0.29 vs. $0.01 estimate, revenue $13.58B), which have driven heavy inflows and momentum into the stock.
• Several analysts have raised ratings and price targets (e.g., Cantor Fitzgerald $65→$90; Citi to Buy with a $95 target), but consensus remains a Hold with an average target of $74.47, and elevated options‑implied volatility and overbought warnings suggest pullback risk.

Oppenheimer Asset Management Inc. lessened its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 32.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,644 shares of the chip maker's stock after selling 44,949 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Intel were worth $3,492,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in INTC. Legacy Bridge LLC bought a new position in shares of Intel in the fourth quarter valued at $26,000. Corundum Trust Company INC bought a new position in shares of Intel in the third quarter valued at $29,000. Raleigh Capital Management Inc. bought a new position in shares of Intel in the fourth quarter valued at $29,000. Provenance Wealth Advisors LLC grew its stake in shares of Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock valued at $32,000 after buying an additional 446 shares in the last quarter. Finally, Strengthening Families & Communities LLC bought a new position in shares of Intel in the third quarter valued at $33,000. Institutional investors own 64.53% of the company's stock.

More Intel News

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.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on INTC. Cantor Fitzgerald raised their target price on shares of Intel from $65.00 to $90.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Intel from a "hold" rating to a "buy" rating in a research note on Saturday. New Street Research raised their target price on shares of Intel from $50.00 to $80.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Citigroup raised shares of Intel from a "neutral" rating to a "buy" rating and raised their target price for the company from $48.00 to $95.00 in a research note on Tuesday, April 21st. Finally, Raymond James Financial raised shares of Intel from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Intel presently has an average rating of "Hold" and an average price target of $74.47.

Intel Trading Down 0.0%

Shares of Intel stock opened at $99.62 on Monday. The business has a fifty day simple moving average of $54.62 and a two-hundred day simple moving average of $45.91. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $100.45. The company has a market capitalization of $500.68 billion, a price-to-earnings ratio of -160.67 and a beta of 2.18. 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 announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating 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 business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the firm posted $0.13 EPS. The company's quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

About Intel

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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