Park National Corp OH Sells 15,893 Shares of Intel Corporation $INTC

Park National Corp OH decreased its stake in Intel Corporation (NASDAQ:INTC) by 24.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,112 shares of the chip maker’s stock after selling 15,893 shares during the quarter. Park National Corp OH’s holdings in Intel were worth $2,211,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Financially Speaking Inc lifted its position in Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the last quarter. Legacy Bridge LLC bought a new position in Intel during the fourth quarter valued at $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the fourth quarter valued at $29,000. Swiss RE Ltd. purchased a new stake in shares of Intel in the fourth quarter valued at $29,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of Intel in the fourth quarter valued at $30,000. Institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s 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 transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Jefferies Financial Group began coverage on shares of Intel in a research note on Thursday, June 11th. They set a “buy” rating for the company. Wells Fargo & Company increased their price objective on shares of Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Susquehanna raised their price objective on shares of Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Stifel Nicolaus boosted their target price on Intel from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Oppenheimer began coverage on Intel in a research report on Thursday, June 11th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus target price of $87.29.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Intel Price Performance

Shares of INTC opened at $133.99 on Monday. The firm has a fifty day moving average price of $102.59 and a 200-day moving average price of $64.87. 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 capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $135.48.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the firm posted $0.13 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts expect that Intel Corporation will post 0.63 earnings per share 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.