Intel Corporation $INTC Shares Sold by KBC Group NV

KBC Group NV reduced its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 9.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,522,820 shares of the chip maker's stock after selling 254,553 shares during the quarter. Intel comprises about 0.8% of KBC Group NV's portfolio, making the stock its 18th largest holding. KBC Group NV owned about 0.05% of Intel worth $352,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of INTC. State Street Corp lifted its position in Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the period. Capital World Investors increased 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 purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC increased its holdings in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after purchasing an additional 3,124,798 shares during the period. Morgan Stanley raised its stake in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Intel in the fourth quarter worth about $2,233,159,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Former House Speaker Nancy Pelosi disclosed purchases of 10,000 Intel shares and 50 INTC call options, adding to an existing Intel options position. The disclosure may provide a short-term sentiment boost, although it does not change Intel’s fundamentals. Nancy Pelosi Discloses First-Ever Bloom Energy Trade, Adds to Intel Bet Amid AI Power Boom
• Positive Sentiment: Intel joined a city-scale open 5G and NextG testing initiative with Rutgers University, Columbia University, NYU, Airspan Networks and the COSMOS testbed. The collaboration could support Intel’s positioning in open RAN, network infrastructure and potential 6G applications, though commercial benefits remain uncertain. Intel Joins City Scale Open 5G And NextG Testing Push
• Positive Sentiment: Reports that prices for Intel’s Arc Pro B70 GPUs have risen as much as 48% across markets suggest improving demand or constrained supply for its graphics products, potentially offering another catalyst for Intel’s turnaround. Intel Stock Has Soared 140% YTD. The Next Catalyst May Be Hiding in GPU Prices
• Neutral Sentiment: Investors are watching Nvidia’s August 26 earnings report for signals on AI-chip demand and semiconductor valuations. Strong results could lift the sector, while disappointing guidance could extend the sell-off. Semiconductor Stocks Slide Ahead of NVIDIA Earnings
• Negative Sentiment: Mercury Research reportedly found Intel’s CPU market share at a multidecade low, reinforcing concerns about competitive losses to AMD and other chipmakers. Intel Stock Slides as CPU Market Share Reaches Low Not Seen in Decades
• Negative Sentiment: Intel was among the semiconductor names sold broadly ahead of Nvidia’s results. Reports also cited pressure from a potential $20 billion equity offering, which raises dilution concerns and may weigh on investor confidence. Why Is Intel Stock Falling on Monday?
• Negative Sentiment: Billionaire investor Stanley Druckenmiller reportedly sold Intel along with other major chip holdings, adding to concerns that some institutional investors view alternative semiconductor opportunities as more attractive. Stanley Druckenmiller Sold Broadcom, Intel, and Micron

Intel Stock Down 3.1%

INTC opened at $87.26 on Tuesday. The stock has a market capitalization of $440.14 billion, a price-to-earnings ratio of -41.36 and a beta of 2.22. Intel Corporation has a fifty-two week low of $23.68 and a fifty-two week high of $142.35. 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 has a fifty day moving average of $107.62 and a two-hundred day moving average of $85.52.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 positive return on equity of 2.62% and a negative net margin of 19.79%.Intel's revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wolfe Research initiated coverage on Intel in a report on Thursday, June 11th. They set a "peer perform" rating for the company. UBS Group cut their price target on shares of Intel from $121.00 to $112.00 and set a "neutral" rating on the stock in a report on Wednesday, August 12th. Oppenheimer assumed coverage on shares of Intel in a research report on Thursday, June 11th. They set an "outperform" rating for the company. BTIG Research upgraded shares of Intel from a "neutral" rating to a "buy" rating in a research note on Thursday, June 11th. Finally, Rosenblatt Securities upped their price objective on shares of Intel from $65.00 to $80.00 and gave the company a "sell" rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $107.46.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel 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 transaction, 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 filing with the SEC, which is available through the SEC website. 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.

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