The Manufacturers Life Insurance Company Sells 179,925 Shares of Intel Corporation $INTC

The Manufacturers Life Insurance Company lowered its holdings in shares of Intel Corporation (NASDAQ:INTC) by 4.2% in the second quarter, Holdings Channel.com reports. The fund owned 4,083,350 shares of the chip maker’s stock after selling 179,925 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Intel were worth $570,150,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. ABS Investment Management LLC bought a new stake in shares of Intel during the second quarter worth $694,101,000. Montgomery Financial Services LLC purchased a new position in Intel in the 2nd quarter worth about $26,000. Knuff & Co LLC purchased a new position in Intel in the 2nd quarter worth about $29,000. Glynn Capital Management LLC bought a new stake in Intel during the 2nd quarter valued at about $29,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after buying an additional 223 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by insiders.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on INTC shares. Moffett Nathanson cut shares of Intel to a “neutral” rating in a research report on Thursday, June 11th. Melius Research set a $150.00 price target on shares of Intel in a research note on Monday, May 18th. Wall Street Zen downgraded shares of Intel from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings lowered Intel from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. Finally, Cantor Fitzgerald dropped their price objective on Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.80.

Intel Stock Up 2.6%

Shares of Intel stock opened at $102.94 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market cap of $519.23 billion, a price-to-earnings ratio of -48.79, a PEG ratio of 11.03 and a beta of 2.22. The firm’s 50-day moving average is $97.86 and its two-hundred day moving average is $89.89. Intel Corporation has a 1 year low of $24.05 and a 1 year high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the business posted ($0.10) EPS. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.