Intel Corporation $INTC Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Intel position by 1.1%, selling 11,073 shares and retaining 1,042,762 shares valued at approximately $125.4 million. Institutional investors collectively own 64.53% of Intel.
• Analyst sentiment remains mixed: JPMorgan upgraded Intel to Neutral, while TD Cowen cut its price target to $95. Overall, Intel holds a consensus “Hold” rating with an average target price of $107.98.
• Intel’s turnaround story is supported by foundry and AI opportunities, including a planned 14A manufacturing agreement with Tesla, but competition, execution risks and broader concerns about AI-related semiconductor spending remain significant challenges.

Nisa Investment Advisors LLC reduced its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,042,762 shares of the chip maker's stock after selling 11,073 shares during the period. Intel accounts for about 0.4% of Nisa Investment Advisors LLC's investment portfolio, making the stock its 22nd largest position. Nisa Investment Advisors LLC's holdings in Intel were worth $125,371,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of INTC. State Street Corp lifted its stake in shares of Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the period. Primecap Management Co. CA acquired a new stake in shares of Intel during the second quarter worth $10,507,291,000. Amundi boosted its holdings in shares of Intel by 14.9% during the first quarter. Amundi now owns 38,969,192 shares of the chip maker's stock worth $1,719,710,000 after purchasing an additional 5,045,936 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Intel by 35.7% during the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker's stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Intel by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker's stock valued at $1,354,832,000 after purchasing an additional 112,054 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: JPMorgan removed its bearish rating: JPMorgan upgraded Intel from Underweight to Neutral, saying confidence is building in management execution, manufacturing improvements and chip design. The change helped drive the prior session’s rebound after Intel’s steep decline. Intel Stock Notches Up as JPMorgan Changes Its Mind
• Positive Sentiment: Foundry and AI opportunities provide longer-term support: Intel’s agreement to manufacture Tesla chips using its planned 14A process, along with new products aimed at AI inference and agentic workloads, gives investors more concrete evidence that its costly foundry strategy could attract meaningful customers and demand. Did Foundry Win Just Shift Intel Investment Narrative?
• Neutral Sentiment: Analyst views remain divided: JPMorgan’s upgrade signals a more balanced risk/reward outlook, but its reported $85 target remains below recent trading levels. Investors are likely to focus on Intel’s upcoming quarterly results for evidence that the turnaround is translating into sustainable revenue and profitability.
• Negative Sentiment: TD Cowen cut its target: TD Cowen lowered Intel’s price target from $115 to $95 and maintained a Hold rating, reflecting continued execution risks and limited near-term upside in its view. Intel Price Target Cut
• Negative Sentiment: Semiconductor sentiment has deteriorated: Intel and other chip stocks fell as investors questioned whether the rapid pace of AI infrastructure spending can continue and whether data-center returns will justify elevated capital expenditures. This sector-wide selling is pressuring Intel despite its company-specific catalysts. Why AI Chip Stocks Are Falling
• Negative Sentiment: Competitive risks remain: Chinese memory maker CXMT’s progress toward server memory could intensify competition in areas connected to Intel’s data-center ecosystem, while Intel still faces questions about market share, manufacturing execution and the profitability of its foundry investments. Intel Versus Micron and CXMT Competition

Analyst Upgrades and Downgrades

A number of analysts have issued reports on INTC shares. Tigress Financial raised their price target on Intel from $118.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. New Street Research lifted their price target on Intel from $100.00 to $122.00 in a report on Friday, June 26th. HC Wainwright set a $150.00 price objective on shares of Intel in a research note on Monday, June 29th. JPMorgan Chase & Co. upgraded shares of Intel from an "underweight" rating to a "neutral" rating and set a $85.00 price objective on the stock in a report on Monday. Finally, Robert W. Baird raised their target price on shares of Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twenty-six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel presently has a consensus rating of "Hold" and an average target price of $107.98.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company's stock.

Intel Price Performance

Intel stock opened at $91.69 on Wednesday. Intel Corporation has a 52-week low of $32.89 and a 52-week high of $142.35. The firm has a fifty day moving average of $102.82 and a 200-day moving average of $102.38. The firm has a market capitalization of $462.48 billion, a P/E ratio of -43.45, a PEG ratio of 9.77 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

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 analysts' consensus estimates of $0.21 by $0.21. The business 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 business's revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts predict that Intel Corporation will post 1.05 EPS for the current year.

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.

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