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

Key Points

• Figure 8 Investment Strategies reduced its Intel stake by 26.8% in the second quarter, selling 7,250 shares and retaining 19,752 shares worth approximately $2.76 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with $16.13 billion in revenue and $0.42 in EPS, while revenue increased 25.2% year over year. CEO Lip-Bu Tan also purchased 105,263 shares for roughly $10 million, signaling insider confidence.
• Analyst sentiment remains mixed, with Intel holding a consensus “Hold” rating and an average price target of $107.80. Despite optimism around pricing, High-NA EUV technology and the foundry turnaround, valuation and execution risks remain significant.

Figure 8 Investment Strategies LLC lessened its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 26.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,752 shares of the chip maker's stock after selling 7,250 shares during the quarter. Intel accounts for 2.4% of Figure 8 Investment Strategies LLC's portfolio, making the stock its 14th largest position. Figure 8 Investment Strategies LLC's holdings in Intel were worth $2,758,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Mid American Wealth Advisory Group Inc. purchased a new position in Intel during the 2nd quarter worth approximately $214,000. Nilsine Partners LLC lifted its stake in Intel by 3.8% during the 2nd quarter. Nilsine Partners LLC now owns 11,438 shares of the chip maker's stock valued at $1,597,000 after acquiring an additional 416 shares during the period. Nvest Financial LLC purchased a new stake in shares of Intel in the 2nd quarter valued at $337,000. Saudi Central Bank boosted its holdings in shares of Intel by 84.4% in the 2nd quarter. Saudi Central Bank now owns 307,538 shares of the chip maker's stock valued at $42,942,000 after acquiring an additional 140,723 shares during the last quarter. Finally, Asset Allocation Strategies LLC acquired a new stake in shares of Intel in the second quarter worth $271,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Performance

Shares of NASDAQ INTC opened at $106.24 on Thursday. The company has a market capitalization of $535.87 billion, a PE ratio of -50.35, a price-to-earnings-growth ratio of 11.19 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company's fifty day moving average price is $98.61 and its 200 day moving average price is $89.40. Intel Corporation has a 1 year low of $24.05 and a 1 year high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion during 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 for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is owned by company insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly confirmed a roughly 10% increase in enterprise CPU prices, potentially improving average selling prices, margins and cash generation as data-center demand remains strong. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Positive Sentiment: Intel Foundry and ASML said Intel has processed more than one million wafers using High-NA EUV equipment. The milestone supports confidence in Intel’s 18A process, Panther Lake production and its long-term foundry turnaround. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland upgraded Intel to Outperform and cited potential foundry scale from Elon Musk’s proposed Terafab, while other coverage highlighted a $120 price target and 59% AI-related growth. These developments reinforced the view that Intel’s turnaround is becoming more visible.
• Positive Sentiment: Intel’s second-quarter results exceeded expectations, with $16.13 billion in revenue and $0.42 in earnings per share versus consensus of $14.43 billion and $0.21, respectively. Revenue rose 25.2% year over year.
• Neutral Sentiment: The $20 billion capital raise initially raised dilution concerns, but commentary now suggests it may strengthen Intel’s balance sheet and fund strategic manufacturing investments rather than signal financial distress. After the Dip, Intel’s $20 Billion Raise Is Not the Red Flag It Originally Looked Like
• Negative Sentiment: Valuation and execution risks remain significant after the rally. Analysts noted that a $120 target leaves limited near-term upside, while Intel still must prove that High-NA yields, pricing gains and foundry volumes translate into sustainable profits.
• Negative Sentiment: Apple’s continued removal of Intel-based Mac support underscores Intel’s long-term loss of share in the Mac ecosystem, although this is a structural rather than immediate earnings issue.

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent research reports. Weiss Ratings cut shares of Intel from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 18th. Cantor Fitzgerald lowered their price target on shares of Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. HSBC reaffirmed a "buy" rating on shares of Intel in a research report on Friday, July 24th. Stifel Nicolaus reduced their price objective on Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research note on Friday, July 24th. Finally, BTIG Research raised Intel from a "neutral" rating to a "buy" rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Intel currently has a consensus rating of "Hold" and an average target price of $107.80.

Intel Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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