Patriot Financial Group Insurance Agency LLC Buys 6,636 Shares of Intel Corporation $INTC

Patriot Financial Group Insurance Agency LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 107.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,786 shares of the chip maker’s stock after purchasing an additional 6,636 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Intel were worth $564,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Financially Speaking Inc increased its position in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after buying an additional 279 shares during the period. Legacy Bridge LLC purchased a new stake in Intel in the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the 4th quarter valued at approximately $29,000. Swiss RE Ltd. bought a new stake in Intel during the 4th quarter valued at approximately $29,000. Finally, Osbon Capital Management LLC purchased a new position in shares of Intel during the 4th quarter worth approximately $30,000. 64.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

INTC has been the subject of several research reports. Scotiabank started coverage on Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating for the company. DA Davidson lifted their price target on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Seaport Research Partners upped their price target on Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Evercore set a $95.00 price objective on Intel in a research report on Friday, April 24th. Finally, Bank of America raised their price objective on Intel from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus target price of $93.93.

Insider Activity

In other 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 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 filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Intel Trading Up 6.0%

NASDAQ INTC opened at $139.63 on Wednesday. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The stock’s fifty day moving average price is $112.23 and its 200-day moving average price is $69.42. The stock has a market cap of $701.78 billion, a P/E ratio of -225.21 and a beta of 2.21.

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. 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 analysts’ expectations of $12.32 billion. During the same quarter in the previous year, the business posted $0.13 EPS. Intel’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel stock is benefiting from a broad AI-chip rally, with semiconductors leading the market and the sector posting historic gains this quarter. Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
• Positive Sentiment: Sentiment was also helped by analyst enthusiasm after Cantor Fitzgerald raised its price target on Intel to $150 from $90, reinforcing hopes that Intel’s foundry turnaround and AI strategy are gaining credibility. Intel Stock Jumps as Price-Target Hike Adds to Foundry Momentum
• Positive Sentiment: Several articles point to Intel’s improving narrative around advanced manufacturing, including risk production on its 18A-P process and leadership changes at Intel Foundry, which are helping investors view the company as a potential AI and chip-packaging winner. Intel Stock (NASDAQ:INTC) Surges on Word of Cost Advantage Over Key Rival
• Neutral Sentiment: Intel also announced it will report second-quarter 2026 financial results soon, keeping attention on whether the rally is backed by fundamentals and guidance. Intel to Report Second-Quarter 2026 Financial Results
• Negative Sentiment: Some commentary warns that a lot of the good news may already be priced in, and one article highlighted risk from stretched valuation after the sharp run-up in Intel shares. Intel: Good News Priced In, Extreme Valuation Clouds Investing
• Negative Sentiment: There is also caution that competition in AI chips is spreading spending across more semiconductor companies, which could limit Intel’s upside if the rally cools. How Nvidia Became a Chip Stock Loser—and Why It Might Stay That Way

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.