Strs Ohio Sells 30,255 Shares of Intel Corporation $INTC

Key Points

• Strs Ohio trimmed its Intel stake by 1.6%, selling 30,255 shares in Q4 and now holds 1,803,931 shares valued at about $66.6 million.
• Intel posted a strong Q1 EPS and revenue beat and won U.S. antitrust clearance for its SambaNova investment, driving a rally that pushed the stock toward its 52‑week high near $100.
• Analyst views are mixed—the consensus rating is "Hold" with an average target of $74.47 while several firms raised targets (up to $118)—and markets show elevated options‑implied volatility and overbought warnings; an insider also sold 20,000 shares recently.

Strs Ohio decreased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,803,931 shares of the chip maker's stock after selling 30,255 shares during the quarter. Strs Ohio's holdings in Intel were worth $66,565,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Legacy Bridge LLC acquired a new position in Intel in the 4th quarter valued at approximately $26,000. Raleigh Capital Management Inc. acquired a new position in Intel in the 4th quarter valued at approximately $29,000. Corundum Trust Company INC acquired a new position in Intel in the 3rd quarter valued at approximately $29,000. Provenance Wealth Advisors LLC raised its holdings in Intel by 89.2% in 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. Finally, GoalVest Advisory LLC acquired a new position in Intel in the 3rd quarter valued at approximately $34,000. 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.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 20,000 shares of the firm's stock in a transaction 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 directly owned 113,060 shares of the company's stock, valued at $5,545,593. This trade represents a 15.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on INTC. KGI Securities cut Intel from an "outperform" rating to a "neutral" rating and set a $71.00 target price for the company. in a report on Monday, April 20th. Melius Research set a $75.00 target price on Intel in a report on Friday, April 10th. Jefferies Financial Group increased their target price on Intel from $60.00 to $80.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Seaport Research Partners increased their target price on Intel from $65.00 to $90.00 and gave the stock a "buy" rating in a report on Friday, April 24th. Finally, Tigress Financial increased their target price on Intel from $66.00 to $118.00 and gave the stock a "buy" rating in a report on Thursday. One 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $74.47.

Intel Trading Up 5.4%

INTC stock opened at $99.62 on Friday. The business has a fifty day moving average price of $54.62 and a 200 day moving average price of $45.78. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $100.45. The stock has a market capitalization of $500.68 billion, a price-to-earnings ratio of -160.67, a P/E/G ratio of 2.79 and a beta of 1.35. 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 results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $12.32 billion. During the same period last year, the firm posted $0.13 EPS. The business's revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts expect that Intel Corporation will post 0.63 EPS 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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