Intel Corporation $INTC Shares Sold by Figure 8 Investment Strategies LLC

Key Points

• Figure 8 Investment Strategies cut its Intel stake by 26.8% in the second quarter, selling 7,250 shares and retaining 19,752 shares valued at approximately $2.76 million.
• Intel CEO Lip-Bu Tan bought 105,263 shares for nearly $10 million at $95 per share, signaling management confidence, while institutional investors collectively own 64.53% of the stock.
• Intel’s latest quarterly results exceeded expectations, with $0.42 in adjusted EPS and $16.13 billion in revenue, but the stock remains volatile and analysts have a consensus “Hold” rating with an average price target of $107.46.

Figure 8 Investment Strategies LLC reduced its position in Intel Corporation (NASDAQ:INTC - Free Report) by 26.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 19,752 shares of the chip maker's stock after selling 7,250 shares during the period. Intel comprises approximately 2.3% of Figure 8 Investment Strategies LLC's holdings, making the stock its 15th biggest holding. Figure 8 Investment Strategies LLC's holdings in Intel were worth $2,758,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Financially Speaking Inc boosted its position in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners acquired a new stake in Intel in the first quarter valued at $25,000. Swiss RE Ltd. acquired a new position in Intel in the fourth quarter worth about $29,000. Glynn Capital Management LLC acquired a new stake in shares of Intel during the 2nd quarter valued at approximately $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Intel in the 4th quarter valued at about $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Lip Bu Tan acquired 105,263 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.05% of the company's stock.

Intel Stock Down 2.8%

Shares of INTC stock opened at $89.47 on Friday. The stock has a market cap of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22. The stock has a fifty day moving average price of $104.64 and a 200 day moving average price of $86.39. Intel Corporation has a one year low of $23.68 and a one 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.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 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 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 firm's revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts predict that Intel Corporation will post 1 earnings per share for the current year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Analyst Upgrades and Downgrades

INTC has been the subject of a number of analyst reports. New Street Research boosted their target price on shares of Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Melius Research set a $150.00 target price on shares of Intel in a report on Monday, May 18th. Arete Research increased their price target on Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a research report on Wednesday, June 10th. TD Cowen boosted their target price on shares of Intel from $75.00 to $115.00 and gave the company a "hold" rating in a research note on Monday, July 13th. Finally, Weiss Ratings downgraded shares of Intel from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, August 18th. 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. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $107.46.

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.

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