Intel Corporation $INTC Shares Sold by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. decreased its position in Intel Corporation (NASDAQ:INTC) by 55.5% during the 1st quarter, Holdings Channel reports. The firm owned 5,781 shares of the chip maker’s stock after selling 7,203 shares during the quarter. Legacy Capital Group California Inc.’s holdings in Intel were worth $255,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in INTC. Demars Financial Group LLC boosted its position in shares of Intel by 1.7% in the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after buying an additional 125 shares in the last quarter. Raleigh Capital Management Inc. increased its holdings in Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares in the last quarter. Signature Resources Capital Management LLC increased its holdings in Intel by 21.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after acquiring an additional 147 shares in the last quarter. Defined Wealth Management LLC raised its position in Intel by 2.0% during the first quarter. Defined Wealth Management LLC now owns 7,576 shares of the chip maker’s stock worth $334,000 after acquiring an additional 149 shares during the last quarter. Finally, Essex Bank lifted its stake in Intel by 1.6% in the 1st quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock valued at $457,000 after buying an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $102.99 on Thursday. The company’s fifty day simple moving average is $118.64 and its 200-day simple moving average is $75.34. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35. The company has a market cap of $517.63 billion, a PE ratio of -166.11 and a beta of 2.18.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 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 business had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same period in the previous year, the company posted $0.13 earnings per share. The business’s revenue for the quarter 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 research analysts anticipate that Intel Corporation will post 0.64 EPS for the current year.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel confirmed it has begun using ASML’s most advanced High-NA EUV machine to produce parts of its next-generation chips, including Core Ultra 3 and Panther Lake. That milestone suggests Intel is making real progress on advanced-node manufacturing, which supports the turnaround thesis. Reuters article
• Positive Sentiment: Analysts turned more constructive on Intel ahead of July 23 earnings, with KeyBanc lifting its price target to $155 and other firms, including HSBC and Stifel, also raising targets. The upgrades point to improving expectations for AI-related demand, server CPUs, and foundry execution. Barchart article
• Positive Sentiment: ASML said Intel has reached an important production milestone with High-NA EUV, and several articles highlighted Intel’s role as the first chipmaker to put the new tool into production use. That reinforces optimism that Intel can close the gap with rivals in advanced chipmaking. Yahoo Finance article
• Neutral Sentiment: Broader semiconductor sentiment was also mixed-to-positive, with chip stocks rebounding after inflation data and some commentary saying Intel could benefit from sector rotation. However, weakness in peers like Micron also shows investors remain cautious about the group. 247WallSt article
• Negative Sentiment: Some articles note that Intel is still trading in a volatile semiconductor backdrop ahead of earnings, and traders are likely pricing in both execution risk and the possibility of a PC-related slowdown. Any disappointment on July 23 could quickly pressure the stock. Motley Fool article

Wall Street Analysts Forecast Growth

INTC has been the topic of several analyst reports. Susquehanna raised their price target on shares of Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Melius Research set a $150.00 price objective on shares of Intel in a research note on Monday, May 18th. KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price on the stock. in a research report on Monday, April 20th. Arete Research lifted their target price on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Finally, Mizuho set a $135.00 price target on Intel in a report on Sunday, June 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $101.96.

Intel Company 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.