Formidable Asset Management LLC Lowers Holdings in Intel Corporation $INTC

Formidable Asset Management LLC reduced its position in Intel Corporation (NASDAQ:INTC) by 69.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 7,103 shares of the chip maker’s stock after selling 16,500 shares during the quarter. Formidable Asset Management LLC’s holdings in Intel were worth $313,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Sivia Capital Partners LLC raised its holdings in Intel by 271.7% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank acquired a new stake in Intel in the second quarter valued at about $205,000. Gamco Investors INC. ET AL boosted its holdings in Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. increased its position in Intel by 9.9% during the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the firm’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 completion of the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on INTC. Cantor Fitzgerald increased their target price on Intel from $90.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday. Morgan Stanley cut Intel from an “overweight” rating to an “underweight” rating in a report on Thursday, June 11th. Evercore set a $95.00 price target on Intel in a research note on Friday, April 24th. Roth Mkm raised Intel from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Friday, April 24th. Finally, Scotiabank initiated coverage on Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $93.93.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel shares drew attention after a bullish technical “Power Inflow” signal flashed, which traders often view as a sign of institutional buying and momentum-building. Intel Shares Rise Nearly 8% After Key Trading Signal
• Positive Sentiment: Cantor Fitzgerald reportedly raised its price target on Intel to $150 from $90, reinforcing the idea that Wall Street sees more upside if the turnaround continues. Wall Street Just Supersized Its Price Target on Intel. Is the Stock Still Too Cheap?
• Positive Sentiment: Recent coverage says Intel’s AI and foundry bet is starting to pay off, with commentary highlighting cost cuts, partnerships, and rising foundry revenue as reasons the comeback story is gaining credibility. Intel’s AI Bet Is Finally Paying Off — Is It Time to Reconsider This Stock?
• Positive Sentiment: Analysts and market commentators also pointed to Intel as a potential beneficiary of rising AI and big-data demand, helping keep sentiment constructive around the name. Top Big Data Stocks Powering the Future of Data-Driven AI
• Neutral Sentiment: Intel’s CEO was mentioned in coverage about an AI startup, which adds to the company’s broader AI association but does not appear to be a direct catalyst for the stock. Intel CEO’s Other AI Bet Just Jumped To A $10 Billion Valuation
• Negative Sentiment: Some reports noted a sector-wide pullback in chip stocks, with Intel briefly selling off alongside AMD and Arm as traders trimmed exposure at quarter-end and worried about macro conditions. Why are Intel, AMD, ARM stocks selling off today?
• Negative Sentiment: Other commentary cautioned that Intel’s rally still depends on execution, especially manufacturing quality and winning more foundry customers, so investors remain focused on proof rather than just momentum. Should You Buy Intel Stock After Its Massive AI Rally?

Intel Trading Up 2.6%

Shares of INTC opened at $131.72 on Tuesday. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $141.45. 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 firm has a market capitalization of $662.02 billion, a P/E ratio of -212.45 and a beta of 2.21. The firm’s 50-day moving average is $110.80 and its two-hundred day moving average is $68.72.

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

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.