Becker Capital Management Inc. Lowers Holdings in Intel Corporation $INTC

Key Points

• Becker Capital Management cut its Intel position by 40% in the second quarter, selling 212,371 shares and retaining 318,328 shares worth approximately $44.4 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly revenue of $16.13 billion and earnings per share of $0.42, exceeding analyst estimates, while revenue increased 25.2% year over year. Despite the results, the stock was trading down 4% at $92.80.
• Analyst sentiment remains mixed, with Intel carrying an overall “Hold” rating and an average price target of $107.46. CEO Lip-Bu Tan separately bought roughly $10 million of Intel shares, signaling confidence in the company’s turnaround.

Becker Capital Management Inc. decreased its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 40.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 318,328 shares of the chip maker's stock after selling 212,371 shares during the period. Intel accounts for 1.2% of Becker Capital Management Inc.'s holdings, making the stock its 23rd biggest position. Becker Capital Management Inc.'s holdings in Intel were worth $44,448,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of INTC. Beaird Harris Wealth Management LLC raised its holdings 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 worth $32,000 after purchasing an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC increased its stake in shares of Intel by 167.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock valued at $37,000 after purchasing an additional 167 shares in the last quarter. Ramsey Quantitative Systems purchased a new position in shares of Intel in the 2nd quarter valued at about $50,000. Allied Private Wealth LLC acquired a new position in Intel in the 2nd quarter worth about $68,000. Finally, Financial Life Planners acquired a new position in Intel in the 1st quarter worth about $25,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Trading Down 4.0%

NASDAQ INTC opened at $92.80 on Thursday. The stock has a market capitalization of $468.08 billion, a PE ratio of -43.98 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. The firm has a 50 day moving average of $109.62 and a two-hundred day moving average of $84.64. Intel Corporation has a 52 week low of $22.77 and a 52 week high of $142.35.

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. 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. Wolfe Research initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a "peer perform" rating for the company. Truist Financial increased their price objective on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a report on Friday, July 24th. Wells Fargo & Company lifted their target price on shares of Intel from $110.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. Finally, Tigress Financial boosted their target price on shares of Intel from $66.00 to $118.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel currently has an average rating of "Hold" and an average target price of $107.46.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased approximately $10 million of Intel stock, or more than 105,000 shares, at about $95 each. The open-market purchase signals management confidence in Intel’s turnaround, although it has not offset broader selling pressure. Insiders Are Buying Intel
• Positive Sentiment: Intel secured Socionext as a customer for its 18A-P process, supporting the company’s foundry strategy and suggesting progress in attracting external chip-design clients. Intel Lands Socionext for Chiplets
• Positive Sentiment: Analysts and industry coverage point to potential growth from AI PCs, edge AI, robotics, agentic-AI server demand and advanced packaging, where Intel is seeking to compete with Taiwan Semiconductor. The AI Boom Has a New Chip Shortage
• Neutral Sentiment: Intel GPU prices reportedly rose 48% in one month as memory costs increased. Higher prices could support revenue, but rising component costs may also weaken demand and margins. Intel GPU Prices Jump 48%
• Negative Sentiment: Intel and AMD are declining alongside a broader chip selloff tied to worries that AI infrastructure spending may be peaking. Softer sentiment toward major AI-chip demand has pressured the entire semiconductor group. Why Intel and AMD Stocks Are Falling
• Negative Sentiment: Investors remain concerned about dilution following Intel’s $20 billion equity offering and the stock’s sharp prior rally, which has raised valuation and profit-execution expectations. Intel’s $20 Billion Equity Raise
• Negative Sentiment: Recent Qualcomm testing highlighted competitive pressure from Snapdragon chips, adding to concerns about Intel’s position in client computing and power-efficient processors. Intel Stock After Snapdragon Testing

Insider Transactions at Intel

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

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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