Institutional investors adjust Intel holdings in Q1

First National Bank & Trust Co. of Newtown cut its stake in Intel Corp. by 25.5% in the first quarter, selling 5,788 shares and ending the period with 16,918 shares valued at about $747,000. At the same time, SkyOak Wealth LLC added a new position of 4,633 Intel shares worth roughly $204,000.

Other institutional investors also moved their positions: Forza Wealth Management increased its holding by 1.6% to 22,816 shares, First Horizon Corp lifted its stake by 5.0% to 34,033 shares, Kestra Advisory Services added 79,951 shares for a 14.8% rise, and Money Concepts Capital grew its position by 13.6% to 39,402 shares. Overall, hedge funds and other institutional investors now own about 64.5% of Intel’s stock.

Analyst coverage remained active, with several firms raising price targets and upgrading ratings, including Roth Capital’s upgrade to "buy" with a $100 target and Stifel’s raise to $120. These moves reflect ongoing market interest in Intel as it reports earnings and navigates supply‑chain challenges.