Patton Fund Management Inc. Sells 117,121 Shares of Intel Corporation $INTC

Patton Fund Management Inc. trimmed its position in shares of Intel Corporation (NASDAQ:INTC) by 63.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,696 shares of the chip maker’s stock after selling 117,121 shares during the quarter. Patton Fund Management Inc.’s holdings in Intel were worth $2,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. iA Global Asset Management Inc. lifted its position in Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new stake in Intel in the fourth quarter worth about $205,000. Van ECK Associates Corp raised its stake in shares of Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the period. Heritage Investment Group Inc. bought a new position in shares of Intel in the fourth quarter worth about $219,000. Finally, Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Intel during the 4th quarter valued at about $185,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Goldman Sachs began coverage of Intel with a neutral rating and a $150 price target, reinforcing the view that the stock still has upside after its big run. Goldman Sachs coverage on Intel
• Positive Sentiment: Micron’s blockbuster earnings and upbeat outlook for smartphones and PCs helped boost sentiment across semiconductors, including Intel, AMD, Arm, and Qualcomm. Micron article
• Positive Sentiment: Articles highlighting Intel’s turnaround, foundry push, and diversification away from Taiwan-based manufacturing are supporting the bullish narrative that Intel could gain share in advanced chips over time.
• Neutral Sentiment: Intel remains one of the most heavily watched stocks, with multiple articles focused on whether the recent rally is justified after the shares have already surged sharply this year.
• Neutral Sentiment: Congressional-trading and political headlines, including references to Intel-linked holdings and U.S. chip policy, are adding visibility but do not directly change near-term fundamentals.
• Negative Sentiment: Some market commentary says the valuation has run ahead of fundamentals, and broader chip stocks have also seen periods of renewed selling pressure, which could limit further upside if sentiment cools.

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel 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 of the company’s stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by insiders.

Intel Stock Performance

Shares of Intel stock opened at $128.32 on Monday. The firm has a market cap of $644.94 billion, a price-to-earnings ratio of -206.96 and a beta of 2.21. The business has a 50-day moving average price of $109.54 and a 200-day moving average price of $68.08. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $141.45.

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on INTC. Tigress Financial boosted their price objective on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. DA Davidson raised their target price on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating for the company. Finally, BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $90.79.

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.