Western Financial Corp CA Sells 116,445 Shares of Intel Corporation $INTC

Western Financial Corp CA reduced its holdings in Intel Corporation (NASDAQ:INTC) by 91.1% during the 3rd quarter, Holdings Channel reports. The fund owned 11,402 shares of the chip maker’s stock after selling 116,445 shares during the quarter. Western Financial Corp CA’s holdings in Intel were worth $1,371,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. State Street Corp increased its holdings in Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after purchasing an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA acquired a new position in Intel in the second quarter worth $10,507,291,000. Bank of America Corp DE boosted its stake in Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares in the last quarter. Legal & General Group Plc acquired a new position in Intel in the second quarter worth $4,096,110,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Intel by 45.5% during the second quarter. Assenagon Asset Management S.A. now owns 16,151,467 shares of the chip maker’s stock worth $2,255,229,000 after purchasing an additional 5,053,424 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s new 350-watt Crescent Island GPU has entered customer testing, highlighting its strategy of targeting lower-cost AI inference workloads. The air-cooled design, high memory capacity and compatibility with existing server infrastructure could appeal to enterprises seeking AI capacity without major data-center upgrades. Intel Stocks Fall 2.7% Although Its 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent operating momentum remains a potential support: second-quarter revenue increased about 25% year over year, while analysts at Erste Group raised their fiscal 2026 and 2027 earnings estimates. Stronger CPU demand, improving execution and potential foundry customer wins are key parts of the recovery thesis. 3 Reasons to Buy Intel Stock Before 2027
• Neutral Sentiment: Investors are awaiting Intel’s upcoming third-quarter results for evidence that chip supply, infrastructure demand and new AI products are translating into stronger margins and guidance. The report is also expected to provide updates on the external foundry strategy. INTC Stock: What to Watch Before Earnings
• Negative Sentiment: The Israel facility incident introduced potential concerns about operational disruption and added uncertainty ahead of earnings. Separately, semiconductor stocks have faced profit-taking amid elevated valuations, higher financing costs, Chinese competition and doubts about the returns on aggressive AI infrastructure spending. Why Intel Stock Hit the Skids on Wednesday
• Negative Sentiment: Intel’s foundry business continues to consume substantial capital while generating heavy losses; recent foundry revenue growth was accompanied by an operating loss of nearly $2.1 billion. With the stock trading at a demanding forward valuation, investors need meaningful AI adoption and margin improvement to justify the turnaround premium. Intel Bets on Cheaper AI as Foundry Losses Mount

Intel Trading Down 4.6%

Shares of INTC stock traded down $4.69 on Wednesday, reaching $98.12. 103,136,346 shares of the stock were exchanged, compared to its average volume of 116,192,820. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a one year low of $32.89 and a one year high of $142.35. The stock has a market cap of $494.92 billion, a PE ratio of -46.50, a P/E/G ratio of 10.81 and a beta of 2.22. The stock has a 50 day moving average price of $103.38 and a 200 day moving average price of $101.03.

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

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research reports. Barclays upgraded Intel from a “hold” rating to an “overweight” rating in a research note on Wednesday, September 16th. Seaport Research Partners reiterated a “buy” rating and set a $125.00 price target on shares of Intel in a research report on Friday, July 24th. Pivotal Research started coverage on shares of Intel in a research report on Tuesday, September 8th. They set a “buy” rating on the stock. Citigroup began coverage on shares of Intel in a report on Tuesday, September 8th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Intel from $45.00 to $85.00 and gave the stock an “underweight” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $109.06.

Intel Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.