Anchor Investment Management LLC Cuts Stock Holdings in Intel Corporation $INTC

Anchor Investment Management LLC lowered its position in shares of Intel Corporation (NASDAQ:INTC) by 16.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 21,656 shares of the chip maker’s stock after selling 4,276 shares during the quarter. Anchor Investment Management LLC’s holdings in Intel were worth $799,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in INTC. Financially Speaking Inc boosted its stake in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the last quarter. Legacy Bridge LLC acquired a new position in Intel in the 4th quarter valued at $26,000. Raleigh Capital Management Inc. purchased a new position in Intel in the 4th quarter valued at $29,000. Swiss RE Ltd. purchased a new position in Intel in the 4th quarter valued at $29,000. Finally, Provenance Wealth Advisors LLC lifted 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 purchasing an additional 446 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research reports. Stifel Nicolaus upped their target price on shares of Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Seaport Research Partners boosted their price target on shares of Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Piper Sandler began coverage on shares of Intel in a research note on Thursday, June 11th. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 price objective on shares of Intel in a report on Tuesday, May 12th. Finally, KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price on the stock. in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus target price of $87.09.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by corporate insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Intel Price Performance

Shares of NASDAQ INTC opened at $133.99 on Friday. The company has a 50 day simple moving average of $102.59 and a 200-day simple moving average of $64.69. The company has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. 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 Corporation has a 1 year low of $18.97 and a 1 year high of $135.48.

Intel (NASDAQ:INTC) last released 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 negative net margin of 5.90% and a positive return on equity of 0.39%. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

About Intel

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.