Contravisory Investment Management Inc. Trims Stake in Intel Corporation $INTC

Key Points

• Contravisory Investment Management cut its Intel stake by 33.3% in the second quarter, selling 7,002 shares and retaining 14,056 shares valued at approximately $1.96 million.
• Intel reported a quarterly earnings beat, with EPS of $0.42 versus a $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year.
• Despite improving growth and turnaround signals, analyst sentiment remains cautious: Intel has a consensus “Hold” rating and an average price target of $107.93, below the reported $101.65 share price only modestly.

Contravisory Investment Management Inc. lessened its position in Intel Corporation (NASDAQ:INTC - Free Report) by 33.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,056 shares of the chip maker's stock after selling 7,002 shares during the quarter. Contravisory Investment Management Inc.'s holdings in Intel were worth $1,963,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in INTC. Southern Financial Group LLC boosted its position in shares of Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after buying an additional 90 shares during the period. Wynn Capital LLC grew its stake in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after buying an additional 104 shares during the last quarter. Demars Financial Group LLC raised its holdings in shares of Intel by 1.7% in the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker's stock worth $339,000 after buying an additional 125 shares during the period. Human Investing LLC raised its holdings in shares of Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock worth $641,000 after buying an additional 126 shares during the period. Finally, Raleigh Capital Management Inc. lifted its stake in shares of Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker's stock worth $41,000 after acquiring an additional 127 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of NASDAQ INTC opened at $101.65 on Monday. Intel Corporation has a 52-week low of $19.61 and a 52-week high of $142.35. The firm has a market capitalization of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22. The stock has a 50 day moving average price of $111.01 and a 200 day moving average price of $81.75. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for 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%.Intel's quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Cantor Fitzgerald dropped their price objective on Intel from $150.00 to $125.00 and set a "neutral" rating for the company in a report on Friday, July 24th. Mizuho reduced their target price on Intel from $135.00 to $109.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. New Street Research lifted their target price on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. KeyCorp set a $125.00 target price on shares of Intel in a research note on Friday, July 24th. Finally, Scotiabank started coverage on shares of Intel in a research note on Tuesday, April 21st. They set a "sector perform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $107.93.

About Intel

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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