Intel Corporation $INTC Shares Sold by Breakwater Capital Group

Key Points

• Breakwater Capital Group cut its Intel position by 35.1% in the second quarter, selling 5,387 shares and retaining 9,954 shares valued at approximately $1.39 million.
• Intel reported a strong quarter, with revenue rising 25.2% year over year to $16.13 billion and adjusted EPS of $0.42, beating the consensus estimate of $0.21. However, analysts remain cautious, with a consensus “Hold” rating and an average price target of $107.93.
• Institutional investors own 64.53% of Intel, with major holders including Vanguard, Capital World Investors and Morgan Stanley increasing their positions, while concerns remain about valuation, processor security risks and Intel’s ability to compete with TSMC in advanced manufacturing.

Breakwater Capital Group decreased its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 35.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,954 shares of the chip maker's stock after selling 5,387 shares during the quarter. Breakwater Capital Group's holdings in Intel were worth $1,390,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in INTC. Norges Bank acquired a new position in Intel during the fourth quarter worth approximately $2,233,159,000. Capital Research Global Investors boosted its holdings in shares of Intel by 285.9% in the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock valued at $982,279,000 after acquiring an additional 19,722,010 shares during the period. Capital World Investors boosted its holdings in shares of Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Vanguard Group Inc. grew its position in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley grew its position in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

Wall Street Analysts Forecast Growth

Several research firms recently commented on INTC. Cantor Fitzgerald reduced their price target on shares of Intel from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. Roth Capital raised their price objective on shares of Intel from $100.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Morgan Stanley lifted their price objective on shares of Intel from $75.00 to $84.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. UBS Group set a $115.00 target price on shares of Intel in a report on Thursday, July 16th. Finally, Robert W. Baird increased their target price on shares of Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $107.93.

Intel Stock Performance

NASDAQ:INTC opened at $101.65 on Monday. The firm's fifty day moving average price is $111.01 and its 200 day moving average price is $81.75. Intel Corporation has a 1-year low of $19.61 and a 1-year high of $142.35. 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 firm has a market cap of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data 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 company 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%. Intel's revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts expect that Intel Corporation will post 1.01 EPS for the current year.

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.

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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