Intel Corporation $INTC Shares Sold by Beacon Pointe Advisors LLC

Key Points

• Beacon Pointe Advisors reduced its Intel position by 4.9% in the second quarter, selling 10,088 shares and retaining 195,275 shares valued at approximately $27.3 million. Institutional investors and hedge funds own 64.53% of Intel’s stock.
• Intel reported stronger-than-expected quarterly results, with EPS of $0.42 versus a $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also purchased nearly $10 million of Intel shares.
• Analyst sentiment remains mixed: Intel has a consensus “Hold” rating and a $107.01 target price, while estimates cite AI-driven CPU demand and manufacturing improvements as potential catalysts but warn of PC weakness, margin pressure and competition from Nvidia.

Beacon Pointe Advisors LLC lowered its position in Intel Corporation (NASDAQ:INTC - Free Report) by 4.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,275 shares of the chip maker's stock after selling 10,088 shares during the quarter. Beacon Pointe Advisors LLC's holdings in Intel were worth $27,266,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of INTC. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intel during the 2nd quarter worth about $613,000. 49 Wealth Management LLC purchased a new stake in shares of Intel in the 2nd quarter valued at about $200,000. Ratan Capital Management LP purchased a new stake in shares of Intel in the 2nd quarter valued at about $25,643,000. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Intel by 334.1% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 136,692 shares of the chip maker's stock valued at $19,067,000 after purchasing an additional 105,200 shares during the period. Finally, Rakuten Investment Management Inc. boosted its position in shares of Intel by 11.6% in the 2nd quarter. Rakuten Investment Management Inc. now owns 1,261,023 shares of the chip maker's stock valued at $166,102,000 after purchasing an additional 130,662 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on INTC. Wolfe Research initiated coverage on Intel in a research report on Thursday, June 11th. They set a "peer perform" rating on the stock. Wells Fargo & Company raised their target price on shares of Intel from $110.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Arete Research lifted their target price on shares of Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Zacks Research downgraded shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Finally, Northland Securities cut shares of Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $107.01.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was bought 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 directly owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by company insiders.

Intel Trading Up 4.5%

NASDAQ:INTC opened at $95.80 on Friday. Intel Corporation has a 52-week low of $24.05 and a 52-week high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The stock has a fifty day simple moving average of $100.45 and a 200-day simple moving average of $87.91. The company has a market capitalization of $483.22 billion, a PE ratio of -45.40, a price-to-earnings-growth ratio of 10.12 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm's revenue was up 25.2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts expect that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

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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