Intel Corporation $INTC Shares Sold by BlackRock Inc.

BlackRock Inc. lowered its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 4.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 426,478,962 shares of the chip maker's stock after selling 21,315,170 shares during the quarter. Intel comprises approximately 0.9% of BlackRock Inc.'s holdings, making the stock its 16th largest holding. BlackRock Inc. owned approximately 8.46% of Intel worth $59,549,258,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financially Speaking Inc lifted its holdings in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares in the last quarter. Financial Life Planners acquired a new stake in Intel in the 1st quarter valued at $25,000. Swiss RE Ltd. purchased a new position in Intel in the fourth quarter valued at about $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the second quarter worth about $29,000. Finally, Osbon Capital Management LLC purchased a new position in shares of Intel in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on INTC. Oppenheimer began coverage on Intel in a report on Thursday, June 11th. They set an "outperform" rating on the stock. Roth Capital raised their price objective on Intel from $100.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Rosenblatt Securities lifted their price target on Intel from $65.00 to $80.00 and gave the company a "sell" rating in a report on Friday, July 24th. TD Cowen upped their price target on Intel from $75.00 to $115.00 and gave the company a "hold" rating in a research report on Monday, July 13th. Finally, UBS Group reduced their price objective on Intel from $121.00 to $112.00 and set a "neutral" rating for the company in a research note on Wednesday, August 12th. One research 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $107.46.

Intel Trading Up 4.4%

Intel stock opened at $92.09 on Friday. Intel Corporation has a one year low of $23.68 and a one year high of $142.35. The company's fifty day moving average price is $105.53 and its two-hundred day moving average price is $86.37. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $464.50 billion, a price-to-earnings ratio of -43.64 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. The business's quarterly revenue was up 25.2% compared to the same quarter last year. 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 fiscal year.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction that occurred on 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.05% of the company's stock.

Intel News Roundup

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.

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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