Baxter Bros Inc. Sells 6,649 Shares of Intel Corporation $INTC

Baxter Bros Inc. lowered its position in Intel Corporation (NASDAQ:INTC - Free Report) by 22.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,701 shares of the chip maker's stock after selling 6,649 shares during the quarter. Baxter Bros Inc.'s holdings in Intel were worth $3,170,000 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. iA Global Asset Management Inc. boosted its stake in shares of Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock worth $21,883,000 after acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC bought a new stake in Intel in the 4th quarter valued at $205,000. Heritage Investment Group Inc. bought a new stake in Intel in the 4th quarter valued at $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel during the 4th quarter valued at $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock valued at $9,419,000 after purchasing an additional 13,858 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s new Diamond Rapids, Crescent Island and Wildcat Lake processor platforms are strengthening its positioning in data centers, enterprise AI and edge computing. Investors view the expanded portfolio as evidence that Intel is working to close its AI gap. Intel Unveils Next-Gen AI Processors
• Positive Sentiment: Strong operating cash generation is another supportive factor. Intel produced $8.1 billion of cash from operations in the first half of 2026, compared with $2.86 billion a year earlier, although heavy investment continues to pressure free cash flow. Intel Cash Flow Growth
• Positive Sentiment: Investor attention has also been boosted by Nancy Pelosi’s reported purchase of Intel shares and call options, while some large institutions increased their holdings. Separately, semiconductor stocks received a broader lift ahead of Nvidia’s earnings, encouraging interest in Intel’s AI strategy. Nancy Pelosi Intel Purchase
• Neutral Sentiment: Intel’s second-quarter results were substantially better than expected, with revenue up about 25% year over year to $16.1 billion and adjusted EPS of $0.42 versus a $0.21 consensus estimate. Investors now need evidence that this improvement can persist.
• Negative Sentiment: The company’s recently completed $20 billion stock offering is weighing on sentiment because of shareholder dilution. The funds support foundry expansion and AI investment, but the strategy will require significant spending before generating attractive returns. Intel $20 Billion Share Sale
• Negative Sentiment: Analyst Simon Leopold warned that Intel faces intense competition and questioned whether its foundry ambitions can deliver profitable growth. AMD’s improving data-center CPU position and Intel’s technically weak chart are adding pressure. Analyst Warning on Intel

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Intel in a report on Tuesday, July 21st. Zacks Research downgraded shares of Intel from a "strong-buy" rating to a "hold" rating in a report on Friday, July 31st. Jefferies Financial Group assumed coverage on shares of Intel in a research note on Thursday, June 11th. They issued a "buy" rating on the stock. HSBC reissued a "buy" rating on shares of Intel in a report on Friday, July 24th. Finally, DA Davidson raised their price objective on Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $107.46.

Insider Buying and Selling at Intel

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

Intel Trading Up 0.9%

Shares of Intel stock opened at $88.24 on Thursday. The firm's 50 day moving average is $106.37 and its 200 day moving average is $86.08. The firm has a market capitalization of $445.08 billion, a PE ratio of -41.82 and a beta of 2.22. Intel Corporation has a 1 year low of $23.68 and a 1 year 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.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company's quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Intel Company 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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