Bank of America Corp DE Acquires 8,342,514 Shares of Intel Corporation $INTC

Bank of America Corp DE lifted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 35.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,724,362 shares of the chip maker's stock after acquiring an additional 8,342,514 shares during the quarter. Bank of America Corp DE owned approximately 0.63% of Intel worth $4,429,673,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Southern Financial Group LLC raised its stake in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock worth $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC raised its position in shares of Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after acquiring an additional 100 shares during the last quarter. TFR Capital LLC. raised its position in shares of Intel by 0.4% in the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after acquiring an additional 100 shares in the last quarter. Wynn Capital LLC boosted its holdings in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after buying an additional 104 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its holdings in Intel by 4.3% in the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock worth $404,000 after purchasing an additional 119 shares during the period. Institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research analyst reports. Morgan Stanley boosted their target price on Intel from $75.00 to $84.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. Bank of America dropped their price target on shares of Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. HC Wainwright set a $150.00 target price on shares of Intel in a report on Monday, June 29th. Finally, Wedbush lifted their target price on shares of Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $107.80.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel continues to benefit from optimism surrounding tight server CPU supply and reports of potential price increases, which could support revenue and margins if confirmed. Analysts and commentators also point to strong recent revenue growth and a possible longer-term recovery in the company’s foundry business. Intel’s Price Hikes Could Put $120 Back in Play
• Positive Sentiment: An analyst upgrade provided some support, while Intel’s government-backed investment and manufacturing progress remain part of the broader turnaround narrative. However, the stock’s recent rally has already raised expectations substantially. Intel Upgraded, CVS Health Downgraded
• Neutral Sentiment: Some investors argue that slower frontier-model training could redirect AI spending toward inference, where CPUs and other general-purpose computing products may gain share. This creates a potential opportunity for Intel, but the timing and scale of any shift remain uncertain. Nvidia’s Training Trade Hit a Speed Bump
• Negative Sentiment: The AI slowdown debate triggered broad semiconductor selling, with investors reassessing demand for accelerators, memory and related infrastructure. Intel’s decline reflected both sector weakness and profit-taking after a powerful rally tied to pricing expectations and manufacturing progress. Talk of AI Pause Slams Nvidia, AMD and Intel
• Negative Sentiment: Wall Street cautioned that Intel’s valuation now leaves limited room for execution setbacks or disappointing AI and foundry progress. With shares having surged more than 300% over the past year, elevated expectations amplified the selling pressure. Intel Stock Just Got a Stark Warning From Wall Street

Intel Stock Down 5.6%

INTC opened at $97.19 on Tuesday. Intel Corporation has a 12 month low of $24.22 and a 12 month high of $142.35. The company has a market cap of $490.23 billion, a PE ratio of -46.06, a price-to-earnings-growth ratio of 11.00 and a beta of 2.22. 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 company has a 50 day moving average of $97.36 and a 200 day moving average of $90.57.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter in the previous year, the firm 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. On average, sell-side analysts expect that Intel Corporation will post 1.04 EPS for the current year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction 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 position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is owned by insiders.

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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