MFG Wealth Management Inc. Trims Position in Intel Corporation $INTC

MFG Wealth Management Inc. decreased its position in Intel Corporation (NASDAQ:INTC) by 71.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,089 shares of the chip maker’s stock after selling 37,906 shares during the quarter. Intel makes up 1.5% of MFG Wealth Management Inc.’s portfolio, making the stock its 27th biggest holding. MFG Wealth Management Inc.’s holdings in Intel were worth $2,107,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Southern Financial Group LLC lifted its holdings in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after purchasing an additional 90 shares in the last quarter. Wynn Capital LLC increased its stake in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares in the last quarter. Demars Financial Group LLC increased its stake in shares of Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after purchasing an additional 125 shares in the last quarter. Human Investing LLC raised its position in shares of Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after purchasing an additional 126 shares during the last quarter. Finally, Raleigh Capital Management Inc. raised its position in shares of Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after purchasing an additional 127 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

Intel Price Performance

Shares of NASDAQ:INTC opened at $101.65 on Friday. The company has a market cap of $512.72 billion, a P/E ratio of -48.18 and a beta of 2.22. The business has a fifty day simple moving average of $111.01 and a 200-day simple moving average of $81.51. Intel Corporation has a 52 week low of $19.61 and a 52 week high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on INTC shares. Roth Capital increased their target price on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 24th. New Street Research boosted their price target on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Bank of America restated a “buy” rating and issued a $160.00 price objective on shares of Intel in a research report on Tuesday, July 28th. Barclays increased their price objective on Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Rosenblatt Securities boosted their target price on shares of Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $107.93.

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.