Westmount Partners LLC Acquires 18,573 Shares of Intel Corporation $INTC

Westmount Partners LLC increased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 179.2% during the first quarter, Holdings Channel reports. The fund owned 28,938 shares of the chip maker’s stock after acquiring an additional 18,573 shares during the quarter. Westmount Partners LLC’s holdings in Intel were worth $1,277,000 as of its most recent filing with the Securities and Exchange Commission.

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

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Piper Sandler assumed coverage on Intel in a research note on Thursday, June 11th. They set a “neutral” rating on the stock. DZ Bank upgraded Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. New Street Research assumed coverage on Intel in a report on Thursday, June 11th. They issued a “buy” rating on the stock. Sanford C. Bernstein reiterated a “market perform” rating and set a $100.00 price objective on shares of Intel in a research report on Wednesday. Finally, Morgan Stanley cut Intel from an “overweight” rating to an “underweight” rating in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and an average price target of $87.09.

Intel Price Performance

Shares of NASDAQ INTC opened at $133.99 on Friday. The stock has a market capitalization of $673.43 billion, a P/E ratio of -216.11 and a beta of 2.21. The stock’s fifty day moving average is $102.59 and its 200 day moving average is $64.69. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $135.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTC) last posted its quarterly earnings data 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 business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s 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 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Boise April Miller sold 40,256 shares of the business’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 completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

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.