Prudential PLC Sells 104,010 Shares of Intel Corporation $INTC

Key Points

• Prudential PLC reduced its Intel stake by 33% in the fourth quarter, selling 104,010 shares and leaving it with 211,004 shares worth about $7.79 million.
• Intel also saw notable insider selling, with EVP Boise April Miller selling 40,256 shares in May in a transaction valued at about $4.0 million.
• Analysts are mixed on Intel: the stock’s average rating remains Hold, though some firms recently raised price targets, and the company is benefiting from AI-related partnerships even as it faces competitive pressure from NVIDIA and broader chip-sector volatility.

Prudential PLC cut its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 33.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,004 shares of the chip maker's stock after selling 104,010 shares during the quarter. Prudential PLC's holdings in Intel were worth $7,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of INTC. Legacy Bridge LLC bought a new stake in shares of Intel in the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the 4th quarter valued at approximately $29,000. Provenance Wealth Advisors LLC boosted its position in Intel by 89.2% during 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 in the last quarter. HighMark Wealth Management LLC boosted its position in Intel by 177.7% during the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker's stock valued at $33,000 after acquiring an additional 567 shares in the last quarter. Finally, Winch Advisory Services LLC boosted its position in Intel by 28.3% during the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker's stock valued at $36,000 after acquiring an additional 213 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the business's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on INTC shares. Jefferies Financial Group lifted their price objective on Intel from $60.00 to $80.00 and gave the company a "hold" rating in a research report on Friday, April 24th. Benchmark lifted their price objective on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 18th. Susquehanna lifted their price objective on Intel from $65.00 to $80.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Intel in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Intel from $35.00 to $45.00 and gave the company an "underweight" rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $83.35.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom's weak outlook

Intel Stock Performance

Shares of INTC opened at $99.17 on Friday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The business's 50 day moving average price is $88.25 and its 200-day moving average price is $58.80. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The stock has a market cap of $498.43 billion, a P/E ratio of -159.95 and a beta of 2.21.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $12.32 billion. During the same period in the previous year, the firm posted $0.13 EPS. 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. Equities research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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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