Baugh & Associates LLC Cuts Stock Position in Intel Corporation $INTC

Baugh & Associates LLC cut its holdings in shares of Intel Corporation (NASDAQ:INTC) by 10.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,964 shares of the chip maker’s stock after selling 19,458 shares during the quarter. Intel makes up about 3.3% of Baugh & Associates LLC’s investment portfolio, making the stock its 11th biggest position. Baugh & Associates LLC’s holdings in Intel were worth $7,677,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Norges Bank bought a new position in shares of Intel in the fourth quarter worth about $2,233,159,000. Capital World Investors raised its stake in Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares during the period. Capital Research Global Investors raised its stake in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after purchasing an additional 19,722,010 shares during the period. Vanguard Group Inc. lifted its holdings in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of INTC opened at $133.99 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The stock has a market capitalization of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $135.48. The business’s 50 day simple moving average is $102.59 and its 200-day simple moving average is $64.87.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $12.32 billion. During the same period last year, the firm posted $0.13 earnings per share. Intel’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. As a group, equities analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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 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 directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.05% of the stock is owned by company insiders.

Key Stories Impacting 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

Analyst Ratings Changes

A number of brokerages have issued reports on INTC. KeyCorp increased their price objective on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Moffett Nathanson lowered shares of Intel to a “neutral” rating in a research report on Thursday, June 11th. Tigress Financial raised their target price on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $100.00 target price on shares of Intel in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus target price of $87.29.

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.