Koss Olinger Consulting LLC Sells 11,137 Shares of Intel Corporation $INTC

Koss Olinger Consulting LLC reduced its stake in Intel Corporation (NASDAQ:INTC) by 58.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,057 shares of the chip maker’s stock after selling 11,137 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Intel were worth $297,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. iA Global Asset Management Inc. grew its stake in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Intel by 18.3% in 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 purchasing an additional 8,569,812 shares during the period. Heritage Investment Group Inc. purchased a new stake in shares of Intel in the 4th quarter worth approximately $219,000. Legal & General Group Plc lifted its position in shares of Intel by 1.3% in the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after purchasing an additional 423,481 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of 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 during the period. 64.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is owned by insiders.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India’s Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan’s MediaTek says it supports both TSMC and Intel’s advanced packaging technologies

Intel Trading Down 5.1%

NASDAQ:INTC opened at $114.68 on Friday. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The firm has a 50 day moving average of $81.94 and a 200 day moving average of $56.32. 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 stock has a market capitalization of $576.38 billion, a price-to-earnings ratio of -184.96 and a beta of 2.18.

Intel (NASDAQ:INTC) last posted its 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 company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the company 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, sell-side analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price target for the company in a research report on Tuesday, April 21st. Wall Street Zen cut shares of Intel from a “buy” rating to a “hold” rating in a research report on Saturday. Tigress Financial upped their price target on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. Finally, Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $81.52.

Intel Company 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.