First National Trust Co Trims Holdings in Intel Corporation $INTC

First National Trust Co decreased its holdings in Intel Corporation (NASDAQ:INTC) by 10.6% in the 4th quarter, Holdings Channel reports. The firm owned 47,032 shares of the chip maker’s stock after selling 5,597 shares during the period. First National Trust Co’s holdings in Intel were worth $1,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legacy Bridge LLC purchased a new stake in Intel in the 4th quarter valued at $26,000. Raleigh Capital Management Inc. purchased a new stake in Intel in the 4th quarter valued at $29,000. HighMark Wealth Management LLC raised its position in Intel by 177.7% in the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock valued at $33,000 after purchasing an additional 567 shares during the last quarter. Provenance Wealth Advisors LLC raised its position 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 purchasing an additional 446 shares during the last quarter. Finally, Winch Advisory Services LLC raised its position in Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after purchasing an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
• Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
• Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Intel Price Performance

Shares of Intel stock opened at $119.84 on Monday. The company has a market cap of $602.32 billion, a P/E ratio of -193.29 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. The firm has a fifty day moving average of $74.44 and a two-hundred day moving average of $53.55.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Bank of America upped their price target on shares of Intel from $48.00 to $56.00 and gave the company an “underperform” rating in a research report on Friday, April 24th. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Citic Securities upgraded shares of Intel from a “hold” rating to a “buy” rating and upped their price objective for the stock from $38.90 to $60.30 in a research report on Monday, January 26th. Wells Fargo & Company upped their price objective on shares of Intel from $55.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price objective on shares of Intel in a research report on Tuesday, May 12th. One investment 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 company. According to MarketBeat, Intel currently has an average rating of “Hold” and a consensus price target of $81.52.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.

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.