Matthew Goff Investment Advisor LLC Sells 8,481 Shares of Intel Corporation $INTC

Matthew Goff Investment Advisor LLC trimmed its position in shares of Intel Corporation (NASDAQ:INTC) by 2.8% during the first quarter, HoldingsChannel.com reports. The firm owned 295,071 shares of the chip maker’s stock after selling 8,481 shares during the period. Intel makes up approximately 2.1% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 15th biggest holding. Matthew Goff Investment Advisor LLC’s holdings in Intel were worth $13,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. State Street Corp increased its holdings in Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares during the period. Capital World Investors increased its holdings in Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC raised its position in Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares during the last quarter. Finally, Morgan Stanley raised its position in Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Up 5.2%

Shares of NASDAQ:INTC opened at $140.94 on Tuesday. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $141.45. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The business’s 50-day moving average is $104.17 and its 200-day moving average is $65.55. The company has a market capitalization of $708.36 billion, a price-to-earnings ratio of -227.32 and a beta of 2.21.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $100.00 target price on shares of Intel in a report on Wednesday, June 17th. HSBC upgraded Intel from a “hold” rating to a “buy” rating and raised their price objective for the stock from $50.00 to $95.00 in a research report on Tuesday, April 21st. BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Tuesday, April 21st. Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company increased their target price on shares of Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $87.29.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 18A-P process has entered risk production, reinforcing confidence that its next-generation manufacturing node is progressing and could improve its competitiveness in AI and consumer chips. Intel Has a Warning for AMD Stock Investors
• Positive Sentiment: Reports that Apple may work with Intel on U.S.-based chip design and manufacturing have fueled speculation that Intel’s foundry business could land a major customer, a big validation for the turnaround story. Intel stock hits a new all-time high on Monday: here’s why
• Positive Sentiment: Mizuho lifted its price target on Intel to $135, citing strength in advanced packaging such as EMIB-T, which signals growing analyst confidence in Intel’s manufacturing assets. Wall Street analysts update Intel stock price target
• Positive Sentiment: Intel is also being viewed as a potential winner from AI chip shortages and tighter capacity at rival foundries, which could drive more outsourced manufacturing demand toward Intel. Tech stocks today: Uber and Lucid expanding in Houston, Intel’s latest chip moves

Insider Activity

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on 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 directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.