Intel Corporation $INTC Shares Sold by Cheviot Value Management LLC

Cheviot Value Management LLC decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 64.3% during the 4th quarter, HoldingsChannel reports. The fund owned 8,314 shares of the chip maker’s stock after selling 14,970 shares during the quarter. Cheviot Value Management LLC’s holdings in Intel were worth $307,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Legacy Bridge LLC purchased a new position in Intel during the fourth quarter worth about $26,000. Corundum Trust Company INC purchased a new stake in shares of Intel in the 3rd quarter valued at approximately $29,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel in the 4th quarter valued at approximately $29,000. Provenance Wealth Advisors LLC increased its holdings in shares of Intel by 89.2% during the 3rd 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 last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Intel during the 3rd quarter worth approximately $33,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly reached a preliminary agreement to manufacture chips for Apple devices, which would be a major vote of confidence in Intel’s foundry business and could open a meaningful new revenue stream. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Wall Street commentary has turned more constructive on Intel’s turnaround, with analysts citing stronger earnings, improving guidance, and rising confidence in its foundry progress and AI positioning. Freedom Broker Upgrades Intel Corporation (INTC) to Buy, Lifts PT
• Positive Sentiment: Recent reports suggest Intel is benefiting from a shift in the AI chip narrative, with demand moving beyond Nvidia and into CPUs and other infrastructure-related chips. Wall Street sees ‘changing of the guard in AI’ as Intel, AMD shares soar while Nvidia lags
• Neutral Sentiment: Intel’s recent surge has also drawn caution from some commentators, who warn the stock may be getting stretched after an extremely rapid rally, raising the risk of volatility if deal expectations cool. Intel’s stock just had its most explosive growth ever. Why skeptics are piling on.
• Negative Sentiment: Some analysis still argues Intel faces execution risk, with investors watching closely to see whether the turnaround can translate into durable profits rather than just a momentum-driven move. Intel’s 33% Revenue Drop Puts Tan’s Turnaround In Focus

Analyst Upgrades and Downgrades

A number of research analysts recently commented on INTC shares. BNP Paribas Exane upgraded Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Tigress Financial upped their price target on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen upgraded Intel from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Truist Financial raised their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $75.64.

Intel Stock Up 13.9%

Shares of NASDAQ INTC opened at $124.82 on Friday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $58.56 and its two-hundred day moving average is $47.46. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $130.57. The firm has a market cap of $627.32 billion, a price-to-earnings ratio of -201.31 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its quarterly earnings data 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. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the firm posted $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 EPS 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.