Baird Financial Group Inc. Sells 15,535 Shares of Intel Corporation $INTC

Key Points

• Baird Financial Group cut its Intel stake by 5.3%, selling 15,535 shares and retaining 279,697 shares valued at approximately $39.1 million. Institutional investors collectively own 64.53% of Intel.
• CEO Lip-Bu Tan purchased 105,263 shares for about $10 million, increasing his direct ownership by 8.7%—a vote of confidence despite insider ownership remaining just 0.05%.
• Intel shares opened at $102.94 after recently rising 2.6%, while analysts remain divided: the stock has a consensus “Hold” rating and a $107.80 price target. The company reported better-than-expected quarterly results, but investors continue to weigh its turnaround prospects, GAAP losses, and competition in AI chips.

Baird Financial Group Inc. reduced its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 5.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 279,697 shares of the chip maker's stock after selling 15,535 shares during the period. Baird Financial Group Inc.'s holdings in Intel were worth $39,054,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of INTC. Financially Speaking Inc lifted its position in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after buying an additional 279 shares during the last quarter. Financial Life Planners acquired a new stake in shares of Intel during the 1st quarter worth about $25,000. Montgomery Financial Services LLC acquired a new stake in Intel during the 2nd quarter worth approximately $26,000. Glynn Capital Management LLC acquired a new position in shares of Intel in the second quarter valued at about $29,000. Finally, Knuff & Co LLC bought a new stake in shares of Intel in the second quarter valued at approximately $29,000. Institutional investors own 64.53% of the company's stock.

Insider Buying and Selling at Intel

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

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on INTC. Pivotal Research began coverage on Intel in a research report on Tuesday. They set a "buy" rating for the company. New Street Research boosted their price objective on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. Bank of America lowered their target price on Intel from $160.00 to $145.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. KeyCorp set a $125.00 price target on shares of Intel in a research report on Friday, July 24th. Finally, Royal Bank Of Canada began coverage on shares of Intel in a research report on Tuesday. They set an "outperform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Intel has an average rating of "Hold" and a consensus price target of $107.80.

Intel Stock Up 2.6%

INTC stock opened at $102.94 on Friday. The firm has a market capitalization of $519.23 billion, a PE ratio of -48.79, a P/E/G ratio of 10.75 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 Corporation has a twelve month low of $24.05 and a twelve month high of $142.35. The stock's 50 day moving average is $97.86 and its 200-day moving average is $89.89.

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

Intel Company 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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