SVB Wealth LLC Sells 7,267 Shares of Intel Corporation $INTC

SVB Wealth LLC lowered its holdings in Intel Corporation (NASDAQ:INTC) by 23.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 24,181 shares of the chip maker’s stock after selling 7,267 shares during the period. SVB Wealth LLC’s holdings in Intel were worth $892,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares during the period. Capital World Investors increased its stake in Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after acquiring an additional 21,230,715 shares during the period. Van ECK Associates Corp increased its stake in Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after acquiring an additional 8,569,812 shares during the period. Invesco Ltd. increased its stake in Intel by 0.7% in the third quarter. Invesco Ltd. now owns 47,658,924 shares of the chip maker’s stock valued at $1,598,957,000 after acquiring an additional 312,485 shares during the period. Finally, Legal & General Group Plc increased its stake in Intel by 0.9% in the third quarter. Legal & General Group Plc now owns 33,589,413 shares of the chip maker’s stock valued at $1,126,925,000 after acquiring an additional 288,828 shares during the period. 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: Reports that Apple has held exploratory talks with Intel about using Intel for main processor production have boosted confidence in Intel’s foundry turnaround and the possibility of landing a marquee customer. Why Intel Corporation (INTC) Was One of the Top “Blue Chip” Stocks Suddenly on Fire in April
• Positive Sentiment: Mizuho raised its price target to $124 from $100, citing continued AI server demand and validating Intel’s turnaround narrative, even while keeping a Neutral rating. Mizuho Hikes Intel Price Target to $124 as Agentic AI Server Demand Validates the Turnaround
• Positive Sentiment: Intel’s stock also got a lift from reports of work with SK Hynix on new chip-packaging technology and broader investor enthusiasm around Intel’s role in the AI infrastructure build-out. Intel’s stock extends its hot streak. This is the latest source of optimism.
• Neutral Sentiment: Analysts and commentators continue to debate whether Intel’s rapid rally is already pricing in much of the good news, which adds to uncertainty about near-term upside. Intel’s Big Rally Continues, But Much of the Optimism Is Already Priced In
• Negative Sentiment: Today’s pullback is largely tied to profit-taking across chip stocks after an extended parabolic move, with investors also worried that hotter inflation could curb future data-center spending. Why Intel’s stock is falling and guiding the chip sector toward its worst day of the year
• Negative Sentiment: Several pieces today also warned that Intel may be overextended after more than doubling in a month, making the stock vulnerable to a sharper reset if sentiment cools. Why Intel Stock (INTC) Is Down Today and Why Big Banks Aren’t Buying the Dip

Intel Price Performance

Shares of INTC stock opened at $120.61 on Wednesday. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. The firm’s 50 day moving average is $63.30 and its 200-day moving average is $49.30. The firm has a market capitalization of $606.19 billion, a price-to-earnings ratio of -194.53 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last announced its 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. 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 analyst estimates of $12.32 billion. During the same period in the prior year, the business earned $0.13 earnings per share. Intel’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. Sell-side analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

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 that occurred on 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.05% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. New Street Research upped their target price on shares of Intel from $50.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Bank of America boosted their price target on shares of Intel from $48.00 to $56.00 and gave the company an “underperform” rating in a research report on Friday, April 24th. Robert W. Baird boosted their price target on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wall Street Zen upgraded shares of Intel from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, HSBC upgraded shares of Intel from a “hold” rating to a “buy” rating and boosted their price target for the company from $50.00 to $95.00 in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Intel has an average rating of “Hold” and a consensus price target of $77.38.

Intel 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.