Intel Corporation $INTC Shares Sold by Equitable Holdings Inc.

Key Points

• Equitable Holdings reduced its Intel position by 8.9% in the second quarter, selling 10,038 shares and retaining 102,426 shares valued at approximately $14.3 million. Institutional investors collectively own 64.53% of Intel.
• Analyst sentiment remains mixed, with Intel carrying an average “Hold” rating and a consensus price target of $107.01. Recent targets ranged from Mizuho’s reduced $92 target to a bullish $200 forecast from Global Equities Research.
• Intel reported stronger-than-expected quarterly results, earning $0.42 per share on $16.13 billion in revenue, while CEO Lip-Bu Tan purchased nearly $10 million of Intel stock at an average price of $95 per share.

Equitable Holdings Inc. trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 8.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,426 shares of the chip maker's stock after selling 10,038 shares during the quarter. Equitable Holdings Inc.'s holdings in Intel were worth $14,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the business. Brasada Capital Management LP purchased a new position in shares of Intel in the 2nd quarter valued at approximately $2,308,000. FSA Advisors Inc. purchased a new stake in Intel in the second quarter valued at approximately $501,000. MASTERINVEST Kapitalanlage GmbH increased its holdings in Intel by 58.8% in the 2nd quarter. MASTERINVEST Kapitalanlage GmbH now owns 72,964 shares of the chip maker's stock worth $10,188,000 after buying an additional 27,008 shares during the period. Strive Financial Group LLC lifted its stake in Intel by 221.8% during the 2nd quarter. Strive Financial Group LLC now owns 3,903 shares of the chip maker's stock valued at $545,000 after acquiring an additional 2,690 shares during the period. Finally, Redwood Investment Management LLC purchased a new stake in shares of Intel in the second quarter worth about $293,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Northland Securities cut Intel from an "outperform" rating to a "market perform" rating in a research report on Tuesday, May 26th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. Wall Street Zen downgraded Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Friday, July 24th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel currently has an average rating of "Hold" and an average target price of $107.01.

Intel Stock Up 4.5%

Shares of INTC opened at $95.80 on Friday. The company's 50-day moving average price is $100.45 and its 200 day moving average price is $87.91. Intel Corporation has a 12-month low of $24.05 and a 12-month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market cap of $483.22 billion, a P/E 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 announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analyst estimates 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 quarter last year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts forecast that Intel Corporation will post 1.01 earnings per share for the current year.

Key Intel News

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

Insider Buying and Selling

In related news, CEO Lip Bu Tan purchased 105,263 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.05% of the stock is currently owned by company insiders.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source