Intel Corporation $INTC Holdings Cut by K.J. Harrison & Partners Inc

Key Points

• K.J. Harrison & Partners cut its Intel stake by 55.9% in the second quarter, selling 127,000 shares and retaining 100,170 shares valued at approximately $14 million. Institutional investors collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares at $95 each, a transaction worth nearly $10 million, increasing his ownership by 8.7%.
• Intel exceeded quarterly earnings and revenue expectations, reporting $0.42 in EPS and $16.13 billion in revenue, up 25.2% year over year. Despite several bullish analyst targets, the stock carries a consensus “Hold” rating with a $107.46 price target.

K.J. Harrison & Partners Inc decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 55.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,170 shares of the chip maker's stock after selling 127,000 shares during the period. Intel comprises approximately 2.0% of K.J. Harrison & Partners Inc's investment portfolio, making the stock its 10th biggest holding. K.J. Harrison & Partners Inc's holdings in Intel were worth $13,987,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of INTC. Southern Financial Group LLC lifted its stake in shares of Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock worth $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC raised its holdings in Intel by 0.4% in the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after purchasing an additional 100 shares in the last quarter. TFR Capital LLC. raised its holdings in Intel by 0.4% in the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after purchasing an additional 100 shares in the last quarter. Wynn Capital LLC lifted its position 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. Finally, Bell Investment Advisors Inc boosted its holdings in shares of Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock valued at $404,000 after buying an additional 119 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were acquired 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 of the company's stock, valued at approximately $124,893,555. This trade 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 link. Corporate insiders own 0.05% of the company's stock.

Intel Trading Up 4.4%

NASDAQ INTC opened at $92.09 on Friday. The stock has a market cap of $464.50 billion, a P/E ratio of -43.64 and a beta of 2.22. 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 Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The company has a fifty day simple moving average of $105.53 and a two-hundred day simple moving average of $86.37.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm 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%.The firm'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. On average, analysts forecast that Intel Corporation will post 1 earnings per share for the current year.

Analysts Set New Price Targets

INTC has been the topic of a number of analyst reports. Seaport Research Partners reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Intel in a research report on Friday, July 24th. New Street Research raised their target price on shares of Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Benchmark lifted their price target on shares of Intel from $105.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Stifel Nicolaus reduced their price target on Intel from $120.00 to $110.00 and set a "hold" rating on the stock in a research report on Friday, July 24th. Finally, DA Davidson increased their price objective on Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Intel currently has a consensus rating of "Hold" and a consensus price target of $107.46.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong Nvidia results lifted the sector. Nvidia’s blowout quarter and projection for roughly 70% revenue growth in fiscal 2028 reinforced that AI demand remains far above available supply. Investors bid up related semiconductor names, including Intel, as CPUs and other infrastructure components are expected to benefit from expanded AI deployments. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: Potential U.S. chip tariffs increased Intel’s strategic appeal. Reports of broad tariffs on imported chips encouraged speculation that Intel, as a U.S.-based manufacturer and foundry candidate, could receive additional policy support or gain a competitive advantage. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: An Advantech connection highlighted Intel’s AI infrastructure ambitions. The relationship points to potential progress placing Intel chips and platforms into AI infrastructure and edge-computing applications, though financial details were not provided. Intel Stock Gains with New Advantech Connection
• Positive Sentiment: Congressional buying added bullish publicity. Nancy Pelosi reportedly purchased Intel shares and call options, potentially attracting momentum-oriented investors, although the transaction does not change Intel’s fundamentals. Nancy Pelosi Buys Intel
• Neutral Sentiment: Intel’s first-half operating cash flow rose sharply to $8.1 billion, but heavy capital spending continues to pressure free cash flow. Intel Sees Strong Cash Flow Growth
• Negative Sentiment: Analyst warnings about intense competition and uncertainty surrounding Intel’s turnaround remain a risk. The company’s previously reported roughly $20 billion equity offering also creates dilution concerns and helps explain the stock’s wide valuation swings. Simon Leopold Offers Warning

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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