Intel Corporation $INTC Shares Sold by Glass Wealth Management Co LLC

Glass Wealth Management Co LLC trimmed its holdings in Intel Corporation (NASDAQ:INTC) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,351 shares of the chip maker’s stock after selling 3,900 shares during the period. Glass Wealth Management Co LLC’s holdings in Intel were worth $2,264,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Legacy Bridge LLC acquired a new position in shares of Intel in the 4th quarter valued at approximately $26,000. Corundum Trust Company INC acquired a new position in shares of Intel in the 3rd quarter valued at approximately $29,000. Raleigh Capital Management Inc. acquired a new position in shares of Intel in the 4th quarter valued at approximately $29,000. Provenance Wealth Advisors LLC raised its position in shares of 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. Finally, Strengthening Families & Communities LLC acquired a new position in shares of Intel in the 3rd quarter valued at approximately $33,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by corporate insiders.

Intel Stock Performance

INTC stock opened at $129.44 on Tuesday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm has a market cap of $650.57 billion, a P/E ratio of -208.77 and a beta of 2.18. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The stock’s 50 day simple moving average is $61.80 and its 200 day simple moving average is $48.71.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that Intel may secure a preliminary chipmaking deal with Apple would be a major endorsement of its foundry business and could open the door to a high-volume, high-profile customer. Apple-Intel preliminary chip deal seen as positive for Intel but raises fab questions, says Wedbush
• Positive Sentiment: News that Intel could work with SK Hynix on chip-packaging technology adds another potential growth catalyst for its semiconductor manufacturing and packaging operations. Intel’s stock extends its hot streak. This is the latest source of optimism.
• Positive Sentiment: Broad tech-sector strength and reports that Intel and other chip names are trading at record levels are supporting momentum buying in the stock. Tech stocks today: AI chipmaker Cerebras to stage blockbuster IPO, Nvidia’s Jensen Huang goes to China
• Neutral Sentiment: Intel remains one of the most heavily watched stocks in the market, but some analysts are still cautious and argue that much of the optimism is already reflected in the valuation. Why BofA remains cautious on Intel stock despite ongoing rally
• Neutral Sentiment: Intel’s short-interest update showed zero shares reported, so it does not provide a meaningful new trading signal. Intel stock data

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley upped their target price on Intel from $56.00 to $73.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Evercore set a $95.00 target price on Intel in a research report on Friday, April 24th. DZ Bank raised Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Finally, BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $75.64.

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.