Tulsa Wealth Advisors INC Invests $259,000 in Intel Corporation $INTC

Tulsa Wealth Advisors INC bought a new stake in Intel Corporation (NASDAQ:INTCFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 7,020 shares of the chip maker’s stock, valued at approximately $259,000.

Several other hedge funds have also bought and sold shares of INTC. Financially Speaking Inc increased its position in Intel by 69.2% during 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 stake in Intel in the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the fourth quarter valued at approximately $29,000. Swiss RE Ltd. acquired a new stake in shares of Intel in the fourth quarter valued at approximately $29,000. Finally, HighMark Wealth Management LLC boosted its stake in shares of Intel by 177.7% during the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after acquiring an additional 567 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Performance

NASDAQ:INTC opened at $133.99 on Friday. The stock has a 50 day simple moving average of $102.59 and a 200 day simple moving average of $64.69. The stock has a market cap of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $135.48. 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:INTCGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on INTC. Susquehanna boosted their target price on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Roth Mkm raised Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a report on Friday, April 24th. Tigress Financial lifted their price objective on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Bank of America upgraded shares of Intel from an “underperform” rating to a “buy” rating and upped their price objective for the company from $96.00 to $135.00 in a report on Thursday, June 11th. Finally, Citigroup raised shares of Intel from a “buy” rating to a “buy” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $87.09.

Read Our Latest Stock Analysis on Intel

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the business’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 sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was 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. Insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

About Intel

(Free Report)

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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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