Peapack Gladstone Financial Corp Sells 108,014 Shares of Intel Corporation $INTC

Peapack Gladstone Financial Corp lowered its position in Intel Corporation (NASDAQ:INTC) by 48.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 117,008 shares of the chip maker’s stock after selling 108,014 shares during the period. Peapack Gladstone Financial Corp’s holdings in Intel were worth $4,318,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Florida Financial Advisors LLC bought a new position in shares of Intel in the 4th quarter worth approximately $222,000. Rothschild Wealth LLC raised its position in shares of Intel by 50.6% in the 4th quarter. Rothschild Wealth LLC now owns 11,121 shares of the chip maker’s stock worth $410,000 after acquiring an additional 3,737 shares in the last quarter. Waterloo Capital L.P. raised its position in shares of Intel by 2.5% in the 4th quarter. Waterloo Capital L.P. now owns 17,554 shares of the chip maker’s stock worth $648,000 after acquiring an additional 436 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Intel by 8.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,960,694 shares of the chip maker’s stock worth $72,350,000 after acquiring an additional 147,573 shares in the last quarter. Finally, PARUS FINANCE UK Ltd raised its position in shares of Intel by 0.3% in the 4th quarter. PARUS FINANCE UK Ltd now owns 227,567 shares of the chip maker’s stock worth $8,397,000 after acquiring an additional 617 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel used Computex to announce new AI infrastructure products, including Xeon 6+, rack-scale systems, and the Crescent Island GPU, signaling an effort to regain momentum in data center and AI chips.
• Positive Sentiment: Intel’s partnerships and product demos, including work with Perplexity AI and Phison, support the narrative that the company can participate in the AI PC and edge-AI buildout. Article Title
• Neutral Sentiment: Several market commentary pieces focused on Intel’s huge stock run-up over the past year and how valuation questions are resurfacing after the recent rally.
• Negative Sentiment: Nvidia’s RTX Spark launch is seen as a direct assault on Intel’s Windows PC processor franchise, raising fears of share loss in a major end market.
• Negative Sentiment: Some traders appear to be taking profits after Intel’s sharp rally, with investors also questioning near-term earnings power while foundry spending remains heavy.

Intel Stock Performance

Intel stock opened at $107.93 on Wednesday. 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 company has a market capitalization of $542.46 billion, a P/E ratio of -174.08 and a beta of 2.21. The stock’s 50 day moving average is $83.20 and its 200 day moving average is $56.95. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $132.75.

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

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. DZ Bank raised Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their target price on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. KGI Securities lowered Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price for the company. in a research report on Monday, April 20th. Wells Fargo & Company increased their target price on Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $83.35.

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.