Bellevue Asset Management LLC Reduces Holdings in Intel Corporation $INTC

Bellevue Asset Management LLC trimmed its stake in Intel Corporation (NASDAQ:INTC) by 37.9% in the first quarter, HoldingsChannel.com reports. The fund owned 13,098 shares of the chip maker’s stock after selling 8,000 shares during the quarter. Bellevue Asset Management LLC’s holdings in Intel were worth $578,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of INTC. EJMK Ventures LLC acquired a new stake in Intel in the 1st quarter worth about $386,000. Stegent Equity Advisors Inc. increased its position in Intel by 40.9% during the first quarter. Stegent Equity Advisors Inc. now owns 8,678 shares of the chip maker’s stock worth $383,000 after purchasing an additional 2,517 shares during the last quarter. Cane Capital Partners LLC increased its position in Intel by 8.8% during the first quarter. Cane Capital Partners LLC now owns 8,294 shares of the chip maker’s stock worth $366,000 after purchasing an additional 669 shares during the last quarter. Financial Life Planners acquired a new position in shares of Intel in the 1st quarter valued at $25,000. Finally, USS Investment Management Ltd boosted its holdings in shares of Intel by 5.8% in the 1st quarter. USS Investment Management Ltd now owns 819,261 shares of the chip maker’s stock valued at $36,150,000 after purchasing an additional 44,888 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research analyst reports. KeyCorp upped their price objective on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. KGI Securities cut Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price on the stock. in a report on Monday, April 20th. Seaport Research Partners boosted their price target on Intel from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Piper Sandler initiated coverage on Intel in a research note on Thursday, June 11th. They set a “neutral” rating for the company. Finally, Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $93.93.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel continues to benefit from bullish analyst coverage and stronger price targets, including Cantor Fitzgerald’s raise to $150 from $90, which reinforced optimism around Intel’s foundry turnaround and AI strategy. Intel Stock Jumps as Price-Target Hike Adds to Foundry Momentum
• Positive Sentiment: Investor sentiment remains upbeat after Intel’s strong second-quarter rally and renewed confidence that it could be a major beneficiary of AI infrastructure spending, keeping long-term bulls focused on its manufacturing and foundry roadmap. Intel Stock Jumps as Wall Street Sees AI’s Next Big Winner
• Neutral Sentiment: Intel recently broke ground on a Santa Clara facility and also announced it will report second-quarter 2026 results on July 23, both of which keep the turnaround story in focus but do not provide an immediate fundamental catalyst. Intel to Report Second-Quarter 2026 Financial Results
• Negative Sentiment: Recent weakness across chipmakers and warnings that valuations may be stretched are pressuring Intel alongside the sector, suggesting the stock may be vulnerable to further volatility after its rapid advance. Micron (MU), AMD, and Intel (INTC) Gained $2T in Q2; Will the Stellar Rally in Chip Stocks Continue?

Intel Trading Down 9.0%

NASDAQ:INTC opened at $127.02 on Thursday. The business’s 50-day moving average is $113.45 and its two-hundred day moving average is $70.04. The firm has a market capitalization of $638.40 billion, a PE ratio of -204.87 and a beta of 2.18. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35. 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 (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate 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 positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

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.