Consolidated Capital Management LLC Sells 5,888 Shares of Intel Corporation $INTC

Key Points

• Consolidated Capital Management reduced its Intel stake by 5,888 shares, or 2.1%, leaving it with 276,976 shares valued at $33.3 million. Intel remains the firm’s largest holding, representing 9.2% of its portfolio.
• Institutional ownership remains substantial at 64.53%, with several major investors—including Bank of America and Assenagon Asset Management—significantly increasing their positions during the second quarter.
• Intel’s latest quarterly results exceeded expectations, with $0.42 in earnings per share and $16.13 billion in revenue, but analysts maintain a consensus “Hold” rating and a $109.06 price target amid intense AI-chip competition and execution concerns.

Consolidated Capital Management LLC decreased its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 2.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 276,976 shares of the chip maker's stock after selling 5,888 shares during the quarter. Intel accounts for about 9.2% of Consolidated Capital Management LLC's investment portfolio, making the stock its largest holding. Consolidated Capital Management LLC's holdings in Intel were worth $33,301,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Primecap Management Co. CA acquired a new position in shares of Intel in the second quarter worth $10,507,291,000. Legal & General Group Plc acquired a new stake in Intel during the second quarter valued at $4,096,110,000. Canada Pension Plan Investment Board acquired a new stake in Intel during the second quarter valued at $1,848,438,000. Bank of America Corp DE boosted its position in Intel by 35.7% during the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker's stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in Intel by 45.5% in the second quarter. Assenagon Asset Management S.A. now owns 16,151,467 shares of the chip maker's stock valued at $2,255,229,000 after purchasing an additional 5,053,424 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Trading Down 3.2%

Intel stock opened at $101.35 on Tuesday. Intel Corporation has a one year low of $32.89 and a one year high of $142.35. The company's fifty day moving average price is $103.40 and its two-hundred day moving average price is $100.25. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $511.21 billion, a price-to-earnings ratio of -48.03, a PEG ratio of 11.17 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel unveiled its GPU D-series, designed for large-scale AI inference with up to 480GB of memory, while new Xeon 6+ rack systems reportedly support more than 46,000 cores. The products strengthen Intel’s attempt to participate in the rapidly expanding AI infrastructure market. Intel aims to boost AI turnaround with new GPU chips to take on Nvidia
• Positive Sentiment: The company is promoting an open AI infrastructure strategy combining GPUs, Xeon CPUs, software and ecosystem partnerships. Intel also said foundry revenue grew 31%, supporting the longer-term turnaround case, although the foundry unit remains loss-making. Intel Accelerates Open Infrastructure for the Agentic AI Era
• Neutral Sentiment: CEO Lip-Bu Tan said lower-cost Chinese AI models, including DeepSeek, Kimi and GLM, are gaining users quickly. This could expand AI adoption and favor efficient, open systems, but cheaper models may also reduce the amount of computing investment required per application. Intel CEO Highlights China’s Fast-Growing AI Models
• Negative Sentiment: Intel and Broadcom executives warned that access to capital and uncertain returns on AI infrastructure spending could become the sector’s biggest bottleneck. The comments raised concerns that slower financing could pressure demand for Intel’s chips and foundry services. Intel, Broadcom CEOs warn capital crunch could become AI’s biggest bottleneck
• Negative Sentiment: Competition remains intense: Nvidia continues advancing AI data-center technology, while Microsoft’s custom Maia chips and other in-house accelerators increase pressure on Intel’s prospective GPU and CPU opportunities. Investors also appear cautious after Intel’s substantial 2026 rally, leaving the stock vulnerable to profit-taking and high execution expectations. Intel stock slides as Nvidia unveils AI power technology

Analysts Set New Price Targets

Several research analysts have weighed in on INTC shares. Cantor Fitzgerald dropped their target price on Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. Wall Street Zen lowered Intel from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Mizuho boosted their price target on Intel from $92.00 to $114.00 and gave the company a "neutral" rating in a research note on Tuesday, October 6th. Citigroup initiated coverage on Intel in a report on Tuesday, September 8th. They issued a "buy" rating on the stock. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $109.06.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan bought 105,263 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price 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 $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company 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 connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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