First National Trust Co Sells 5,719 Shares of Intel Corporation $INTC

Key Points

• First National Trust Co. reduced its Intel stake by 12.1%, selling 5,719 shares and retaining 41,355 shares valued at approximately $5.77 million. Institutional investors collectively own 64.53% of Intel.
• Intel shares opened at $103.49 and were trading about 1% higher, while the company reported quarterly revenue of $16.13 billion and adjusted earnings of $0.42 per share, exceeding analyst expectations.
• Investor sentiment remains mixed: CEO Lip-Bu Tan bought nearly $10 million of Intel stock, but the planned equity raise could dilute shareholders, and analysts maintain an overall “Hold” rating with an average price target of $107.46.

First National Trust Co decreased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 12.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 41,355 shares of the chip maker's stock after selling 5,719 shares during the period. First National Trust Co's holdings in Intel were worth $5,774,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Financially Speaking Inc boosted its position in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners acquired a new position in Intel during the first quarter valued at approximately $25,000. Swiss RE Ltd. bought a new position in shares of Intel in the fourth quarter valued at approximately $29,000. Osbon Capital Management LLC bought a new position in shares of Intel in the fourth quarter valued at approximately $30,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after buying an additional 223 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan disclosed a purchase of 105,263 Intel shares at $95 each, worth approximately $10 million. His investment is being viewed as a strong vote of confidence in Intel’s recovery strategy. Intel CEO insider purchase
• Positive Sentiment: Intel’s recently upsized equity offering is expected to provide roughly $20 billion to $23 billion for investments in manufacturing, AI and the foundry business. Reports of improving yields at GlobalFoundries and broader customer interest support the possibility of progress in Intel Foundry. Intel’s capital raise and foundry progress
• Positive Sentiment: SoftBank Group reportedly allocated 66.81% of its disclosed U.S. equity portfolio to Intel, potentially reinforcing the view that the chipmaker could benefit from the long-term AI infrastructure buildout. SoftBank’s Intel investment
• Positive Sentiment: Intel participated in a broader rally across chip and memory stocks as investors continued to favor companies exposed to strong AI spending and semiconductor infrastructure demand. Semiconductor stock market moves
• Neutral Sentiment: CEO Tan said Intel is exploring new memory architectures that bring memory and processors closer together. The initiative could expand Intel’s AI opportunity, but it is still exploratory and offers no near-term revenue assurance. Intel explores memory architectures
• Neutral Sentiment: Institutional signals are mixed: some reports describe new or enlarged semiconductor positions, while Stanley Druckenmiller’s fund was reported to have sold Intel in the second quarter. Druckenmiller’s Intel position
• Negative Sentiment: The equity raise strengthens Intel’s balance sheet but dilutes existing shareholders and raises the execution burden for the turnaround. Intel’s secondary share sale
• Negative Sentiment: At roughly 62 times expected next year’s earnings, Intel’s valuation assumes substantial future profitability even though the company reportedly lost about $11 billion over the past year, much of it noncash. Intel valuation and recent losses

Intel Trading Up 1.0%

Shares of INTC stock opened at $103.49 on Tuesday. The firm has a market capitalization of $522.00 billion, a P/E ratio of -49.05 and a beta of 2.22. Intel Corporation has a 1 year low of $22.77 and a 1 year high of $142.35. The firm's fifty day simple moving average is $110.12 and its 200 day simple moving average is $83.99. 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 quarterly 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 during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business's revenue was up 25.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts predict that Intel Corporation will post 1.01 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $100.00 price objective on shares of Intel in a report on Tuesday, May 12th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, July 24th. HC Wainwright set a $150.00 target price on shares of Intel in a research report on Monday, June 29th. Raymond James Financial upgraded shares of Intel from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 21st. Finally, Tigress Financial raised their price target on Intel from $66.00 to $118.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $107.46.

Insider Activity at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company's stock.

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.

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