Intel Corporation $INTC Shares Sold by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 12.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 136,303 shares of the chip maker’s stock after selling 20,165 shares during the period. Clear Harbor Asset Management LLC’s holdings in Intel were worth $5,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of INTC. Waterloo Capital L.P. grew its position in shares of Intel by 2.5% in the fourth quarter. Waterloo Capital L.P. now owns 17,554 shares of the chip maker’s stock valued at $648,000 after purchasing an additional 436 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Intel by 8.1% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,960,694 shares of the chip maker’s stock worth $72,350,000 after purchasing an additional 147,573 shares during the last quarter. PARUS FINANCE UK Ltd lifted its stake in Intel by 0.3% in the 4th quarter. PARUS FINANCE UK Ltd now owns 227,567 shares of the chip maker’s stock valued at $8,397,000 after buying an additional 617 shares in the last quarter. AXS Investments LLC purchased a new stake in Intel in the 4th quarter valued at approximately $46,000. Finally, Consolidated Capital Management LLC acquired a new stake in Intel during the 4th quarter valued at $4,929,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

INTC has been the subject of a number of analyst reports. Tigress Financial boosted their price target on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Melius Research set a $150.00 price objective on Intel in a research note on Monday, May 18th. Rosenblatt Securities lifted their price objective on Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research report on Friday, April 24th. Citigroup boosted their target price on shares of Intel from $95.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $81.52.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India’s Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan’s MediaTek says it supports both TSMC and Intel’s advanced packaging technologies

Insider Transactions at Intel

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 sale, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Intel Stock Performance

NASDAQ INTC opened at $114.68 on Monday. The business’s 50-day moving average price is $81.94 and its 200 day moving average price is $56.44. The company has a current ratio of 2.31, a quick ratio of 1.85 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 $132.75. The company has a market capitalization of $576.38 billion, a PE ratio of -184.96 and a beta of 2.21.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate 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 company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the previous year, the business earned $0.13 EPS. The firm’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. On average, research analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

Intel 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.