Clune & Associates LTD. Makes New $217,000 Investment in Intel Corporation $INTC

Clune & Associates LTD. purchased a new position in shares of Intel Corporation (NASDAQ:INTC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,874 shares of the chip maker’s stock, valued at approximately $217,000.

Other hedge funds also recently modified their holdings of the company. iA Global Asset Management Inc. increased its stake in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Intel by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. purchased a new position in Intel during the 4th quarter worth $219,000. Vanguard Group Inc. boosted its holdings in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. Finally, Katamaran Capital LLP purchased a new position in Intel during the 3rd quarter worth $349,000. Institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel introduced its Core Ultra Series 3 processors for edge AI and robotics, a product update that highlights progress in its AI hardware roadmap and could help it compete for next-generation embedded and industrial workloads. Intel (INTC) Introduces Core Ultra Series 3 Processors for Edge AI Robotics
• Positive Sentiment: Reports said Intel may be pursuing AI startup Tenstorrent, suggesting the company is still willing to make bold moves to strengthen its AI strategy and expand its technology portfolio. Intel Joins Race To Buy AI Startup Tenstorrent: Report
• Positive Sentiment: Coverage comparing Nvidia, AMD and Intel keeps INTC in the center of the AI-chip trade, and investor attention remains elevated as traders look for the next beneficiary of the broader AI buildout. Nvidia vs. AMD vs. Intel: Which is the best chip stock to own?

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on INTC shares. Wall Street Zen upgraded shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Wells Fargo & Company upped their price objective on shares of Intel from $55.00 to $85.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. New Street Research increased their price target on shares of Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Scotiabank initiated coverage on shares of Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $81.52.

Intel Stock Up 1.1%

Shares of NASDAQ INTC opened at $119.84 on Friday. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. 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 firm’s 50 day simple moving average is $74.44 and its two-hundred day simple moving average is $53.45. The stock has a market capitalization of $602.32 billion, a P/E ratio of -193.29 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS 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 business had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same period last year, the business earned $0.13 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts expect that Intel Corporation will post 0.63 EPS for the current fiscal 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.