Cidel Asset Management Inc. Has $8.79 Million Position in Intel Corporation $INTC

Key Points

• Cidel Asset Management reduced its Intel stake by 27.6% in the second quarter, selling 23,960 shares and retaining 62,985 shares valued at approximately $8.79 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly earnings of $0.42 per share, exceeding the $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. The stock opened at $102.94, with a consensus analyst rating of “Hold” and an average price target of $107.80.
• CEO Lip-Bu Tan purchased approximately $10 million of Intel shares, signaling confidence in the turnaround, though analysts remain cautious because of ongoing GAAP losses, intense AI-chip competition, elevated valuation and high volatility.

Cidel Asset Management Inc. cut its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 27.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,985 shares of the chip maker's stock after selling 23,960 shares during the period. Cidel Asset Management Inc.'s holdings in Intel were worth $8,795,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Financially Speaking Inc boosted its stake in shares of 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 buying an additional 279 shares during the period. Financial Life Planners acquired a new position in shares of Intel in the first quarter worth $25,000. Montgomery Financial Services LLC acquired a new position in shares of Intel in the second quarter worth $26,000. Glynn Capital Management LLC purchased a new stake in shares of Intel during the second quarter worth $29,000. Finally, Knuff & Co LLC purchased a new stake in shares of Intel during the second quarter worth $29,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Analyst Ratings Changes

INTC has been the subject of a number of research reports. Oppenheimer started coverage on Intel in a research report on Thursday, June 11th. They set an "outperform" rating for the company. Wolfe Research began coverage on Intel in a research report on Thursday, June 11th. They issued a "peer perform" rating on the stock. Morgan Stanley raised their price target on Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. Mizuho reduced their price target on Intel from $109.00 to $92.00 and set a "neutral" rating for the company in a report on Friday, September 4th. Finally, Stifel Nicolaus lowered their price target on Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Intel currently has an average rating of "Hold" and a consensus target price of $107.80.

Intel Stock Up 2.6%

INTC stock opened at $102.94 on Friday. The firm has a market cap of $519.23 billion, a PE ratio of -48.79, a PEG ratio of 10.75 and a beta of 2.22. Intel Corporation has a 1 year low of $24.05 and a 1 year high of $142.35. The company has a fifty day simple moving average of $97.86 and a 200 day simple moving average of $89.89. 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 posted its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. The business's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

Key Stories Impacting Intel

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.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The shares were acquired 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 owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.05% of the company's stock.

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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