SteelPeak Wealth LLC Sells 26,705 Shares of Intel Corporation $INTC

Market Beat
2026.01.02 12:34
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SteelPeak Wealth LLC reduced its stake in Intel Corporation (NASDAQ: INTC) by 6.5% in Q3, selling 26,705 shares, leaving it with 386,562 shares valued at approximately $12.97 million. Other institutional investors, including Vanguard and State Street, also adjusted their positions. Analysts have mixed ratings on Intel, with an average target price of $34.84. Intel's shares opened at $36.90, down 1.1%, with a market cap of $176.27 billion. The company reported earnings of $0.23 per share for the last quarter, exceeding estimates, and has set Q4 2025 guidance at $0.08 EPS.