PFG Investments LLC Sells 22,233 Shares of Intel Corporation $INTC

PFG Investments LLC trimmed its stake in Intel Corporation (NASDAQ:INTC) by 13.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,621 shares of the chip maker’s stock after selling 22,233 shares during the period. PFG Investments LLC’s holdings in Intel were worth $6,073,000 at the end of the most recent reporting period.

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC raised its price target on Intel to $200 and kept a Buy rating, citing progress in the foundry business and potential partnerships with Apple, Nvidia, and Amazon. Intel (INTC) Stock Could Surge 100%: HSBC Analyst Raises Target to $200
• Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock and said CEO Lip-Bu Tan has turned the company around, calling out multiple growth opportunities. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
• Positive Sentiment: Intel continues to benefit from improving views on its AI PC, networking, and foundry businesses, which are supporting rising earnings estimates and investor optimism. INTC Outpaces Industry in a Year: How to Play the Stock?
• Neutral Sentiment: TPIsoftware said it is using Intel Xeon 6 processors and Intel Arc Pro B60 GPUs for enterprise AI solutions, which adds a modest demand signal for Intel’s hardware. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
• Neutral Sentiment: Several articles noted that Intel has recently seen volatility after a huge run-up, with chip stocks also pressured by broader profit-taking and fears of an AI demand cooldown. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
• Negative Sentiment: Intel also faced broad semiconductor-sector selling as investors rotated out of high-flying chip names amid concerns that AI-driven chip demand may be cooling. US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rally

Analyst Ratings Changes

INTC has been the subject of several recent analyst reports. Melius Research set a $150.00 price objective on shares of Intel in a research report on Monday, May 18th. Benchmark boosted their target price on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 18th. Mizuho set a $135.00 price target on shares of Intel in a research report on Sunday, June 21st. Morgan Stanley downgraded Intel from an “overweight” rating to an “underweight” rating in a report on Thursday, June 11th. Finally, Evercore set a $95.00 price objective on Intel in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $96.69.

Intel Price Performance

Intel stock opened at $120.35 on Friday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35. The firm’s fifty day moving average is $115.64 and its 200 day moving average is $70.96. The company has a market capitalization of $604.88 billion, a PE ratio of -194.11 and a beta of 2.18.

Intel (NASDAQ:INTC) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $12.32 billion. During the same period last year, the company posted $0.13 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is owned by company insiders.

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.