State of Alaska Department of Revenue Sells 28,725 Shares of Intel Corporation $INTC

Key Points

• State of Alaska Department of Revenue trimmed its Intel stake by 6.1%, selling 28,725 shares and leaving 441,766 shares valued at about $16.3 million.
• AI and partnership wins — including an expanded Google collaboration, involvement in SpaceX’s Terafab, and Intel Xeon 6 adoption by SambaNova — have boosted investor optimism and prompted some analyst price‑target increases.
• Valuation and analyst mix: the stock has rallied sharply (around ~70% YTD) and trades near $62, but analysts remain mixed (average target ~$48.43 and a consensus "Reduce"), raising short‑term pullback risk.

State of Alaska Department of Revenue trimmed its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 441,766 shares of the chip maker's stock after selling 28,725 shares during the quarter. State of Alaska Department of Revenue's holdings in Intel were worth $16,301,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Westside Investment Management Inc. boosted its stake in Intel by 7.5% in the fourth quarter. Westside Investment Management Inc. now owns 6,626 shares of the chip maker's stock valued at $250,000 after buying an additional 460 shares in the last quarter. Legacy Bridge LLC acquired a new stake in Intel in the fourth quarter valued at about $26,000. HBW Advisory Services LLC boosted its stake in Intel by 11.9% in the fourth quarter. HBW Advisory Services LLC now owns 7,456 shares of the chip maker's stock valued at $275,000 after buying an additional 791 shares in the last quarter. Valley National Advisers Inc. boosted its stake in Intel by 54.3% in the fourth quarter. Valley National Advisers Inc. now owns 2,185 shares of the chip maker's stock valued at $80,000 after buying an additional 769 shares in the last quarter. Finally, FSM Wealth Advisors LLC boosted its stake in Intel by 50.5% in the fourth quarter. FSM Wealth Advisors LLC now owns 9,487 shares of the chip maker's stock valued at $350,000 after buying an additional 3,185 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Expanded multiyear collaboration with Google to support next‑generation AI/cloud systems (emphasizes Intel Xeon and custom IPUs), driving investor optimism about data‑center revenue and partnership validation. Google, Intel Partner to Advance AI Cloud Infrastructure
• Positive Sentiment: Intel announced participation in Elon Musk’s Terafab initiative with SpaceX — a strategic move that suggests access to cutting‑edge foundry/packaging talk and strengthens Intel’s positioning in the advanced manufacturing and hyperscaler ecosystem. Here's the Real Reason SpaceX Is Teaming Up With Intel on Terafab
• Positive Sentiment: Intel Xeon 6 is being adopted as a core CPU in SambaNova’s Agentic AI systems — concrete product-level wins that support revenue upside from AI server demand. Intel Xeon 6 Becomes Core CPU In SambaNova Agentic AI Push
• Positive Sentiment: Two analyst price‑target raises were reported (to $60 and $76), reinforcing bullish sentiment among some sell‑side shops and supporting the rally. Intel Price Target Raised to $60.00 Intel Price Target Raised to $76.00
• Neutral Sentiment: Momentum headlines note the stock’s large recent run (some outlets cite ~70% rally YTD) as AI deals pile up — positive for sentiment but increases risk of short‑term profit‑taking. Intel Rallies 70% as Google AI Deal Expands, but Analysts Still See Downside
• Neutral Sentiment: Management moves (appointment of Aparna Bawa as EVP, Chief Legal & People Officer) are governance/operations items that support corporate stability but are unlikely to move fundamentals materially in the near term. Intel Appoints Aparna Bawa as EVP, Chief Legal & People Officer
• Negative Sentiment: Some analysts and commentators warn of continued downside risk — a mix of stretched valuations after the rally and a broader “rotation” out of AI names — which increases volatility and the chance of pullbacks. The "Great Rotation" Out of Artificial Intelligence (AI) Stocks Has Arrived

Insider Activity

In related news, EVP Boise April Miller sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total transaction of $981,000.00. Following the completion of the sale, the executive vice president owned 113,060 shares of the company's stock, valued at $5,545,593. This trade represents a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP David Zinsner bought 5,882 shares of the firm's stock in a transaction that occurred on Monday, January 26th. The shares were acquired at an average cost of $42.50 per share, with a total value of $249,985.00. Following the purchase, the executive vice president directly owned 247,392 shares of the company's stock, valued at $10,514,160. This trade represents a 2.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. New Street Research raised their price objective on Intel from $40.00 to $50.00 and gave the company a "neutral" rating in a research note on Monday, January 26th. Citigroup reduced their price objective on Intel from $50.00 to $48.00 and set a "neutral" rating on the stock in a research note on Friday, January 23rd. Morgan Stanley raised their price objective on Intel from $38.00 to $41.00 and gave the company an "equal weight" rating in a research note on Friday, January 23rd. Wells Fargo & Company increased their target price on Intel from $45.00 to $55.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 7th. Finally, Melius Research set a $75.00 target price on Intel in a research report on Friday. Five analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and six have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Intel currently has an average rating of "Reduce" and an average target price of $48.43.

Intel Stock Performance

Shares of INTC stock opened at $62.38 on Monday. The stock has a market cap of $311.59 billion, a price-to-earnings ratio of -779.65, a PEG ratio of 25.89 and a beta of 1.35. The stock has a 50-day moving average of $47.25 and a 200-day moving average of $42.18. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.35. Intel Corporation has a 1-year low of $18.17 and a 1-year high of $63.39.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. The company had revenue of $13.67 billion during the quarter, compared to analysts' expectations of $13.37 billion. Intel had a negative return on equity of 0.44% and a negative net margin of 0.51%.The business's quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 earnings per share. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. On average, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current 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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