Intel Corporation $INTC Shares Sold by BDF Gestion

Key Points

• BDF Gestion reduced its Intel stake by 11.3% in the third quarter, selling 9,355 shares and retaining 73,771 shares valued at approximately $8.9 million. Institutional investors collectively own 64.53% of Intel.
• Other major investors increased their exposure, including Assenagon Asset Management, which boosted its holdings by 87.1%, while Bank of America raised its stake by 35.7%. Intel also reported quarterly revenue growth of 25.2% year over year and exceeded earnings expectations.
• Analyst sentiment remains mixed: JPMorgan upgraded Intel to “Neutral,” citing a better risk/reward balance, but the broader consensus is still “Hold.” The recovery depends on execution of its 18A and 14A foundry plans, improved factory performance and server demand, while a planned $20 billion equity raise could create dilution.

BDF Gestion trimmed its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 11.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,771 shares of the chip maker's stock after selling 9,355 shares during the period. Intel accounts for about 1.2% of BDF Gestion's investment portfolio, making the stock its 14th largest position. BDF Gestion's holdings in Intel were worth $8,869,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Primecap Management Co. CA bought a new position in shares of Intel in the second quarter valued at approximately $10,507,291,000. Legal & General Group Plc bought a new stake in shares of Intel during the 2nd quarter worth $4,096,110,000. Assenagon Asset Management S.A. boosted its holdings in shares of Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker's stock worth $3,632,722,000 after buying an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board acquired a new position in Intel in the 2nd quarter valued at $1,848,438,000. Finally, Bank of America Corp DE grew its stake in Intel by 35.7% in the 2nd 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 buying an additional 8,342,514 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: JPMorgan upgraded Intel from Underweight to Neutral, arguing that the recent correction has produced a more balanced risk/reward profile. The upgrade helped attract buyers after Intel fell roughly 36% from its June high. Intel Stock Is Upgraded
• Positive Sentiment: Intel’s reported agreement with Tesla to manufacture chips using its forthcoming 14A process provided an additional foundry catalyst. Investors are also watching progress in production output from Intel’s 18A process, making customer adoption and manufacturing execution key potential drivers. Intel Lands a Major Customer for Its 14A Foundry Process
• Positive Sentiment: Intel rebounded alongside AMD and other chip stocks as investors bought the dip after the sector’s longest losing streak since 2008. Falling oil prices and expectations for a heavy technology-earnings week also supported broader risk appetite. Why Are Intel and AMD Stocks Rising?
• Neutral Sentiment: JPMorgan’s new price target is $85, below the stock’s recent trading level. The rating change therefore signals reduced bearishness rather than a fully bullish outlook. What’s Going On With Intel Stock?
• Negative Sentiment: The recovery remains dependent on Intel delivering improved factory performance, scaling its foundry business and strengthening server demand. The company’s planned $20 billion equity raise could fund expansion but may also create dilution and reflects substantial capital needs. Intel Foundry Expansion and Tesla Agreement

Intel Stock Performance

INTC stock traded up $3.04 on Monday, reaching $92.89. 56,687,913 shares of the company were exchanged, compared to its average volume of 116,076,039. The firm has a market capitalization of $468.55 billion, a PE ratio of -44.03, a PEG ratio of 9.57 and a beta of 2.22. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The stock's fifty day moving average price is $103.05 and its 200 day moving average price is $101.74. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

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. On average, research analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Intel from an "underweight" rating to a "neutral" rating and set a $85.00 target price on the stock in a report on Monday. DA Davidson upped their price target on shares of Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Wedbush raised their price target on Intel from $60.00 to $98.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Cantor Fitzgerald dropped their price objective on Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Finally, Wall Street Zen cut Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twenty-six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $108.48.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was acquired 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 owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.05% of the company's stock.

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.

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