Intel Corporation $INTC Shares Purchased by HB Wealth Management LLC

HB Wealth Management LLC lifted its stake in Intel Corporation (NASDAQ:INTC) by 11.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 235,066 shares of the chip maker’s stock after purchasing an additional 24,717 shares during the quarter. HB Wealth Management LLC’s holdings in Intel were worth $10,373,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Financial Life Planners purchased a new stake in Intel during the 1st quarter worth approximately $25,000. Financially Speaking Inc raised its holdings in shares of 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 purchased a new position in shares of Intel in the fourth quarter worth $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel during the fourth quarter worth $29,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Intel during the fourth quarter worth $29,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTC has been the topic of several research reports. HSBC reissued a “buy” rating and issued a $200.00 target price on shares of Intel in a research report on Thursday. Robert W. Baird lifted their price target on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada reiterated a “neutral” rating and set a $80.00 price target on shares of Intel in a research note on Monday, May 4th. Arete Research boosted their price target on Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Finally, Susquehanna increased their price objective on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $96.69.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $120.35 on Friday. 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 stock has a market capitalization of $604.88 billion, a price-to-earnings ratio of -194.11 and a beta of 2.18. The firm’s 50 day simple moving average is $115.64 and its 200-day simple moving average is $70.96. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35.

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

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC raised its price target on Intel to $200 and kept a Buy rating, citing progress in the foundry business and potential partnerships with Apple, Nvidia, and Amazon. Intel (INTC) Stock Could Surge 100%: HSBC Analyst Raises Target to $200
• Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock and said CEO Lip-Bu Tan has turned the company around, calling out multiple growth opportunities. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
• Positive Sentiment: Intel continues to benefit from improving views on its AI PC, networking, and foundry businesses, which are supporting rising earnings estimates and investor optimism. INTC Outpaces Industry in a Year: How to Play the Stock?
• Neutral Sentiment: TPIsoftware said it is using Intel Xeon 6 processors and Intel Arc Pro B60 GPUs for enterprise AI solutions, which adds a modest demand signal for Intel’s hardware. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
• Neutral Sentiment: Several articles noted that Intel has recently seen volatility after a huge run-up, with chip stocks also pressured by broader profit-taking and fears of an AI demand cooldown. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
• Negative Sentiment: Intel also faced broad semiconductor-sector selling as investors rotated out of high-flying chip names amid concerns that AI-driven chip demand may be cooling. US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rally

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.