Annex Advisory Services LLC Sells 56,437 Shares of Intel Corporation $INTC

Key Points

• Annex Advisory Services cut its Intel position by 89.3% in the second quarter, selling 56,437 shares and retaining 6,781 shares valued at approximately $947,000. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly revenue of $16.13 billion and adjusted earnings of $0.42 per share, beating analyst estimates while revenue increased 25.2% year over year.
• Intel’s turnaround is attracting attention due to AI demand and a planned $20 billion capital raise, but the offering will dilute existing shareholders and significant foundry losses and execution risks remain. Wall Street’s consensus rating is Hold, with an average price target of $107.85.

Annex Advisory Services LLC cut its position in Intel Corporation (NASDAQ:INTC - Free Report) by 89.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,781 shares of the chip maker's stock after selling 56,437 shares during the period. Annex Advisory Services LLC's holdings in Intel were worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of INTC. Financially Speaking Inc lifted its holdings in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after buying an additional 279 shares in the last quarter. Financial Life Planners bought a new position in shares of Intel during the 1st quarter valued at about $25,000. Swiss RE Ltd. bought a new position in shares of Intel during the 4th quarter valued at about $29,000. Osbon Capital Management LLC purchased a new position in shares of Intel during the fourth quarter valued at about $30,000. Finally, Beaird Harris Wealth Management LLC grew its position in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after purchasing an additional 223 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Price Performance

Intel stock opened at $100.95 on Thursday. Intel Corporation has a 12-month low of $21.36 and a 12-month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $110.34 and a 200-day moving average price of $82.73. The firm has a market capitalization of $509.19 billion, a PE ratio of -47.84 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued 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 company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the firm posted ($0.10) EPS. The firm's 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, equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: $20 billion raise strengthens Intel’s financial position. Intel priced 210.5 million new shares at $95 each, with an additional underwriter option. The proceeds are expected to fund AI-related manufacturing and reduce balance-sheet pressure. Bank of America views the offering as evidence of management’s increased confidence in the foundry strategy. Intel: BofA sees $20B raise fueling foundry and server CPU growth
• Positive Sentiment: AI infrastructure demand is lifting semiconductor sentiment. Strong earnings across the server and AI supply chain provided a favorable read-through for Intel, AMD and Nvidia. Analysts and commentators also highlighted Intel as a potential beneficiary of renewed data-center spending. AMD, Intel, and NVIDIA All Rally Wednesday After Series of Blockbuster AI Earnings Reports
• Positive Sentiment: Intel’s turnaround narrative is attracting renewed attention. Jim Cramer named Intel a major focus company, while recent coverage pointed to stronger revenue growth, AI PC demand and narrowing foundry losses. Intel Foundry revenue reportedly rose 31% year over year in the latest quarter, although most revenue still came from Intel’s own products. Jim Cramer Just Called Intel a Major Focus Name
• Neutral Sentiment: Valuation has become a key debate. Intel’s exceptional one-year gain has improved its access to capital but leaves less room for disappointing execution. Some valuation models view the shares as near fair value, while market multiples appear more favorable. Intel Stock Looks Above Fair Value After a Very Large Run
• Negative Sentiment: The offering dilutes existing shareholders. Bank of America estimates the larger share count could reduce near-term earnings per share by roughly 4% to 5%. The capital must generate substantial returns to offset that dilution. A $20 Billion Reason Why Intel Stock Is in Focus
• Negative Sentiment: Execution and profitability remain unresolved. Intel’s foundry is growing but continues to lose billions, and the company is still investing heavily before proving that external customers will scale meaningfully. Market commentary also warns that enthusiasm surrounding AI-linked stocks may reflect bubble-like conditions. Intel: $20 Billion Bought Time, Not A Customer

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research analyst reports. Susquehanna boosted their target price on Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. Daiwa Securities Group downgraded Intel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $100.00 price objective on shares of Intel in a research note on Tuesday, May 12th. Finally, Melius Research set a $150.00 price objective on Intel in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Intel presently has an average rating of "Hold" and a consensus target price of $107.85.

Intel Profile

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.

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