Wealthfront Advisers LLC Acquires 146,794 Shares of Intel Corporation $INTC

Key Points

• Wealthfront Advisers LLC boosted its Intel stake by 33.1% in the first quarter, buying 146,794 additional shares and bringing its total holding to 590,059 shares worth about $26.0 million.
• Intel shares were down 4.4% in Thursday trading, even as the company’s fundamentals showed mixed signals: it reported quarterly EPS and revenue that beat estimates, but still posted a negative net margin.
• Wall Street remains cautious overall, with Intel carrying a “Hold” consensus rating and an average price target of about $101.96, while analyst views remain split between bullish and bearish calls.

Wealthfront Advisers LLC increased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 33.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,059 shares of the chip maker's stock after purchasing an additional 146,794 shares during the quarter. Wealthfront Advisers LLC's holdings in Intel were worth $26,039,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC lifted its holdings in shares of Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after buying an additional 25,001 shares in the last quarter. United Bank bought a new position in shares of Intel during the second quarter worth $205,000. Gamco Investors INC. ET AL grew its stake in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock valued at $308,000 after acquiring an additional 1,508 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock valued at $3,545,000 after acquiring an additional 36,116 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock valued at $18,556,000 after acquiring an additional 74,838 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Trading Down 4.4%

INTC stock opened at $102.99 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $142.35. The stock has a market capitalization of $517.63 billion, a price-to-earnings ratio of -166.11 and a beta of 2.18. The firm's fifty day simple moving average is $118.64 and its two-hundred day simple moving average is $75.34.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analysts' expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company's quarterly revenue was up 7.4% 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 Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts anticipate that Intel Corporation will post 0.64 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on INTC shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $100.00 target price on shares of Intel in a research report on Tuesday, May 12th. HSBC restated a "buy" rating and set a $200.00 price target on shares of Intel in a report on Thursday, July 2nd. Arete Research upped their price objective on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a report on Wednesday, June 10th. Morgan Stanley cut Intel from an "overweight" rating to an "underweight" rating in a report on Thursday, June 11th. Finally, Piper Sandler assumed coverage on Intel in a research report on Thursday, June 11th. They set a "neutral" rating for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $101.96.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.05% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel confirmed it has begun using ASML’s most advanced High-NA EUV machine to produce parts of its next-generation chips, including Core Ultra 3 and Panther Lake. That milestone suggests Intel is making real progress on advanced-node manufacturing, which supports the turnaround thesis. Reuters article
• Positive Sentiment: Analysts turned more constructive on Intel ahead of July 23 earnings, with KeyBanc lifting its price target to $155 and other firms, including HSBC and Stifel, also raising targets. The upgrades point to improving expectations for AI-related demand, server CPUs, and foundry execution. Barchart article
• Positive Sentiment: ASML said Intel has reached an important production milestone with High-NA EUV, and several articles highlighted Intel’s role as the first chipmaker to put the new tool into production use. That reinforces optimism that Intel can close the gap with rivals in advanced chipmaking. Yahoo Finance article
• Neutral Sentiment: Broader semiconductor sentiment was also mixed-to-positive, with chip stocks rebounding after inflation data and some commentary saying Intel could benefit from sector rotation. However, weakness in peers like Micron also shows investors remain cautious about the group. 247WallSt article
• Negative Sentiment: Some articles note that Intel is still trading in a volatile semiconductor backdrop ahead of earnings, and traders are likely pricing in both execution risk and the possibility of a PC-related slowdown. Any disappointment on July 23 could quickly pressure the stock. Motley Fool article

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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