Amundi Decreases Holdings in Intel Corporation $INTC

Key Points

• Amundi cut its Intel stake by 22.3% in the second quarter, selling 8.68 million shares and retaining 30.29 million shares valued at approximately $4.23 billion.
• Other major institutional investors made significant moves into Intel, while institutional and hedge-fund ownership reached 64.53% of the company’s stock.
• Analysts maintain a consensus “Hold” rating with a $107.80 price target, despite Intel exceeding quarterly earnings and revenue expectations; CEO Lip-Bu Tan also purchased nearly $10 million of shares.

Amundi lowered its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 22.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,293,732 shares of the chip maker's stock after selling 8,675,460 shares during the period. Intel comprises 1.0% of Amundi's investment portfolio, making the stock its 15th biggest position. Amundi owned about 0.60% of Intel worth $4,229,914,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System increased its stake in Intel by 13,422.7% during the 2nd quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker's stock worth $130,076,390,000 after buying an additional 924,690,115 shares in the last quarter. Primecap Management Co. CA purchased a new position in shares of Intel in the second quarter valued at approximately $10,507,291,000. Norges Bank acquired a new stake in shares of Intel in the fourth quarter worth approximately $2,233,159,000. Legal & General Group Plc acquired a new stake in shares of Intel in the second quarter worth approximately $4,096,110,000. Finally, Capital Research Global Investors increased its position in shares of Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock worth $982,279,000 after purchasing an additional 19,722,010 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Citigroup initiated coverage on shares of Intel in a research note on Tuesday. They issued a "buy" rating on the stock. JPMorgan Chase & Co. upped their price objective on shares of Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research note on Friday, July 24th. Arete Research increased their price objective on shares of Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Cantor Fitzgerald decreased their target price on shares of Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Finally, The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, Intel has a consensus rating of "Hold" and a consensus price target of $107.80.

Intel Price Performance

NASDAQ:INTC opened at $100.32 on Friday. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35. The stock's fifty day moving average is $98.21 and its two-hundred day moving average is $89.79. The company has a market capitalization of $506.01 billion, a P/E ratio of -47.54, a P/E/G ratio of 11.38 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the company earned ($0.10) EPS. The company's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts expect that Intel Corporation will post 1.04 EPS for the current year.

Insider Transactions at Intel

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

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful listing could highlight the value of Intel’s semiconductor assets and provide potential liquidity or valuation support. Reuters Altera IPO report
• Positive Sentiment: Intel and ASML are expanding work on High-NA EUV manufacturing, supporting the company’s argument that its foundry technology is progressing. Intel also continues to receive attention for possible memory-market opportunities and reported pricing power in enterprise CPUs.
• Neutral Sentiment: A partnership with Atsign reportedly delivered an approximately 88-fold improvement in encrypted Edge AI performance using Intel hardware. The announcement supports Intel’s AI and edge-computing positioning, but it does not yet indicate a material revenue contribution. Atsign and Intel Edge AI article
• Negative Sentiment: Piper Sandler initiated coverage with a Neutral rating, suggesting investors may have missed the better entry point after Intel’s major rally. The cautious stance reinforced valuation concerns. Piper Sandler Intel coverage
• Negative Sentiment: Mizuho reportedly reduced its price target to $92, citing valuation risk despite improving server demand and execution. Other commentary similarly argues that Intel’s recent gains have outpaced its current fundamentals. Mizuho Intel price target article
• Negative Sentiment: The broader semiconductor group also weakened as investors locked in profits, while Nvidia’s efforts to extend its AI-chip dominance raised competitive concerns for Intel and AMD. Intel’s shares had gained more than 20% over the prior five sessions, increasing selling pressure after the steep run-up. Intel profit-taking article

Intel 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.

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