Alta Advisers Ltd Sells 6,400 Shares of Intel Corporation $INTC

Alta Advisers Ltd reduced its holdings in shares of Intel Corporation (NASDAQ:INTC) by 27.0% during the fourth quarter, HoldingsChannel reports. The firm owned 17,321 shares of the chip maker’s stock after selling 6,400 shares during the period. Alta Advisers Ltd’s holdings in Intel were worth $639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Legacy Bridge LLC bought a new position in Intel in the fourth quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new position in Intel in the fourth quarter valued at about $29,000. Provenance Wealth Advisors LLC raised its stake in shares of Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after buying an additional 446 shares during the period. Strengthening Families & Communities LLC bought a new position in shares of Intel in the third quarter worth about $33,000. Finally, HighMark Wealth Management LLC raised its stake in shares of Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after buying an additional 567 shares during the period. 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 is benefiting from reports that the White House is backing its turnaround and that the company could win future foundry deals with major customers such as Apple, Nvidia, and SpaceX. What’s Going On With Intel Stock Tuesday?
• Positive Sentiment: Analysts and media coverage highlighted Intel’s momentum around its next-generation 14A process and the possibility of “risk production” by 2028, reinforcing hopes that the company can improve its competitiveness in advanced chips. “Risk Production Phase By 2028”: Intel Stock (NASDAQ:INTC) Gains as 14A Gets Closer
• Positive Sentiment: Chip stocks rallied broadly, with Intel moving higher alongside peers like AMD and Micron as investors rotated back into AI and semiconductor names. Why Qualcomm, AMD, Intel, other AI stocks are surging sharply on Tuesday

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the business’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 transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

Intel Stock Performance

NASDAQ INTC opened at $123.52 on Wednesday. The company has a market cap of $620.81 billion, a P/E ratio of -199.22 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. The business’s 50 day moving average price is $77.49 and its 200-day moving average price is $54.73. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $132.75.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Susquehanna raised their price objective on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. DA Davidson increased their target price on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research 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 research report on Friday, April 24th. Robert W. Baird increased their target price on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Citigroup increased their target price on Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $81.52.

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.