Intel Corporation $INTC Shares Sold by National Pension Service

Key Points

• National Pension Service reduced its Intel stake by 2%, selling 204,171 shares and retaining nearly 10 million shares worth approximately $1.4 billion. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Analyst sentiment remains mixed: Intel has a consensus “Hold” rating and an average price target of $107.80, despite several “Buy” ratings and targets as high as $145.
• CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million. Intel also exceeded quarterly earnings and revenue expectations, although it continues to report a negative net margin and faces significant competition in AI chips.

National Pension Service cut its position in Intel Corporation (NASDAQ:INTC - Free Report) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,999,492 shares of the chip maker's stock after selling 204,171 shares during the quarter. Intel comprises 0.9% of National Pension Service's holdings, making the stock its 20th biggest position. National Pension Service owned approximately 0.20% of Intel worth $1,396,229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC increased its stake in shares of Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after purchasing an additional 25,001 shares during the period. United Bank acquired a new position in shares of Intel during the second quarter worth approximately $205,000. Gamco Investors INC. ET AL boosted its position in shares of Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock worth $308,000 after buying an additional 1,508 shares during the period. NewEdge Advisors LLC grew its holdings in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after buying an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after buying an additional 74,838 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on INTC shares. Seaport Research Partners reaffirmed a "buy" rating and set a $125.00 target price on shares of Intel in a research note on Friday, July 24th. Wolfe Research initiated coverage on Intel in a research note on Thursday, June 11th. They issued a "peer perform" rating for the company. Bank of America lowered their price target on Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. HSBC restated a "buy" rating on shares of Intel in a research note on Friday, July 24th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $110.00 price objective on shares of Intel in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $107.80.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of 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 purchase was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is owned by insiders.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Intel Price Performance

Shares of Intel stock opened at $102.94 on Friday. 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 company's 50-day moving average price is $97.86 and its two-hundred day moving average price is $89.89. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35. The stock has a market cap of $519.23 billion, a PE ratio of -48.79, a price-to-earnings-growth ratio of 10.75 and a beta of 2.22.

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 for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the company earned ($0.10) EPS. Intel's revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

Intel Company 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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