Azimuth Capital Investment Management LLC Reduces Stock Holdings in Intel Corporation $INTC

Key Points

• Azimuth Capital Investment Management reduced its Intel position by 19.3% in the second quarter, selling 11,450 shares and retaining 47,725 shares valued at approximately $6.66 million. Institutional investors collectively own 64.53% of Intel’s stock.
• Analyst sentiment remains mixed: Intel has a consensus “Hold” rating and an average price target of $107.80, with targets ranging from $110 to $150 and at least one downgrade to “Sell.”
• Intel’s second-quarter results beat expectations, with $16.13 billion in revenue and $0.42 earnings per share, while revenue increased 25.2% year over year. CEO Lip-Bu Tan also purchased roughly $10 million of Intel shares, signaling insider confidence.

Azimuth Capital Investment Management LLC lessened its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 19.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,725 shares of the chip maker's stock after selling 11,450 shares during the quarter. Azimuth Capital Investment Management LLC's holdings in Intel were worth $6,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financially Speaking Inc increased its holdings in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Intel in the first quarter valued at about $25,000. Montgomery Financial Services LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $26,000. Glynn Capital Management LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $29,000. Finally, Knuff & Co LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $29,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INTC. Cantor Fitzgerald cut their price objective on Intel from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. Sanford C. Bernstein reiterated a "market perform" rating and set a $110.00 target price on shares of Intel in a report on Monday, July 27th. HC Wainwright set a $150.00 price target on Intel in a research report on Monday, June 29th. Weiss Ratings cut Intel from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 18th. Finally, Jefferies Financial Group started coverage on Intel in a research report on Thursday, June 11th. They issued a "buy" rating on the stock. One research 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 given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $107.80.

Intel Trading Up 1.7%

Shares of INTC opened at $106.24 on Thursday. The stock has a fifty day moving average of $98.61 and a two-hundred day moving average of $89.40. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market capitalization of $535.87 billion, a PE ratio of -50.35, a price-to-earnings-growth ratio of 11.19 and a beta of 2.22. Intel Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share 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 company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) EPS. The business's revenue for the quarter 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, analysts forecast that Intel Corporation will post 1.04 EPS for the current year.

Insider Activity at Intel

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

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly confirmed a roughly 10% increase in enterprise CPU prices, potentially improving average selling prices, margins and cash generation as data-center demand remains strong. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Positive Sentiment: Intel Foundry and ASML said Intel has processed more than one million wafers using High-NA EUV equipment. The milestone supports confidence in Intel’s 18A process, Panther Lake production and its long-term foundry turnaround. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland upgraded Intel to Outperform and cited potential foundry scale from Elon Musk’s proposed Terafab, while other coverage highlighted a $120 price target and 59% AI-related growth. These developments reinforced the view that Intel’s turnaround is becoming more visible.
• Positive Sentiment: Intel’s second-quarter results exceeded expectations, with $16.13 billion in revenue and $0.42 in earnings per share versus consensus of $14.43 billion and $0.21, respectively. Revenue rose 25.2% year over year.
• Neutral Sentiment: The $20 billion capital raise initially raised dilution concerns, but commentary now suggests it may strengthen Intel’s balance sheet and fund strategic manufacturing investments rather than signal financial distress. After the Dip, Intel’s $20 Billion Raise Is Not the Red Flag It Originally Looked Like
• Negative Sentiment: Valuation and execution risks remain significant after the rally. Analysts noted that a $120 target leaves limited near-term upside, while Intel still must prove that High-NA yields, pricing gains and foundry volumes translate into sustainable profits.
• Negative Sentiment: Apple’s continued removal of Intel-based Mac support underscores Intel’s long-term loss of share in the Mac ecosystem, although this is a structural rather than immediate earnings issue.

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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