Midwest Trust Co Reduces Position in Intel Corporation $INTC

Midwest Trust Co decreased its holdings in Intel Corporation (NASDAQ:INTC) by 5.9% in the first quarter, Holdings Channel reports. The fund owned 170,594 shares of the chip maker’s stock after selling 10,646 shares during the period. Midwest Trust Co’s holdings in Intel were worth $7,528,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of INTC. Demars Financial Group LLC grew its position in shares of Intel by 1.7% in the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after purchasing an additional 125 shares in the last quarter. Raleigh Capital Management Inc. lifted its position in Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after buying an additional 127 shares in the last quarter. Signature Resources Capital Management LLC lifted its position in Intel by 21.5% during the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock worth $37,000 after buying an additional 147 shares in the last quarter. Defined Wealth Management LLC lifted 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 buying an additional 149 shares in the last quarter. Finally, Essex Bank boosted its stake in Intel by 1.6% during the first quarter. Essex Bank now owns 10,360 shares of the chip maker’s stock worth $457,000 after buying an additional 162 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

Intel stock opened at $109.84 on Monday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a 50 day moving average price of $118.67 and a 200 day moving average price of $73.89. The company has a market capitalization of $552.06 billion, a PE ratio of -177.16 and a beta of 2.18.

Intel (NASDAQ:INTC) last released 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 positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same period in the prior year, the firm earned $0.13 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.64 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on INTC shares. Arete Research raised their target price on Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. JPMorgan Chase & Co. upped their price objective on shares of Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a report on Friday, April 24th. Piper Sandler started coverage on shares of Intel in a research report on Thursday, June 11th. They set a “neutral” rating for the company. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Finally, Northland Securities lowered shares of Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Intel currently has an average rating of “Hold” and a consensus target price of $97.88.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Stifel raised its price target on Intel to $120 from $75, signaling continued confidence in the company’s recovery trajectory. Benzinga report on Stifel target hike
• Positive Sentiment: Intel’s operating margins are improving, with recent commentary noting non-GAAP operating income of $1.7 billion and margin expansion to 12.3% in Q1 2026, supporting the turnaround story. Zacks article on improving margins
• Positive Sentiment: Articles pointed to Intel’s turnaround gaining credibility, citing revenue beats, growth in data center and AI sales, and progress at its 18A manufacturing node. 247WallSt turnaround article
• Neutral Sentiment: HSBC remained constructive on Intel but the stock still fell despite that support, suggesting investors are focusing more on valuation and sector rotation than on bullish commentary alone. TipRanks/HSBC mention
• Neutral Sentiment: Intel’s upcoming Q2 earnings on July 23 remain a key catalyst, with investors looking for confirmation that recent operational improvements are sustainable. TipRanks Wells Fargo earnings preview
• Negative Sentiment: Several reports said Intel was hit by a broad semiconductor selloff and profit-taking, which pressured the stock alongside peers like AMD and Micron. Yahoo Finance article on Intel shares down today
• Negative Sentiment: Bearish analyst and short-seller commentary also weighed on sentiment, including JPMorgan naming Intel a high-conviction short idea and other notes warning the stock may be expensive after its big rally. Benzinga JPMorgan short idea article

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of the 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

About Intel

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.