Intel Corporation $INTC Shares Sold by Resona Asset Management Co. Ltd.

Key Points

• Resona Asset Management reduced its Intel stake by 13.3% in the second quarter, selling 190,026 shares and retaining 1.24 million shares valued at approximately $171.1 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with earnings per share of $0.42 versus the $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year.
• CEO Lip-Bu Tan purchased about $10 million of Intel stock, increasing his direct stake by 8.7%. Despite analyst targets ranging widely, the overall analyst consensus remains “Hold,” with an average price target of $107.85.

Resona Asset Management Co. Ltd. trimmed its position in Intel Corporation (NASDAQ:INTC - Free Report) by 13.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,240,706 shares of the chip maker's stock after selling 190,026 shares during the period. Intel makes up about 0.8% of Resona Asset Management Co. Ltd.'s holdings, making the stock its 19th biggest position. Resona Asset Management Co. Ltd.'s holdings in Intel were worth $171,145,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of INTC. Vanguard Group Inc. boosted its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares in the last quarter. State Street Corp raised its holdings in Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors raised its holdings in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC lifted its position in 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. Finally, Morgan Stanley lifted its position in Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Trading Down 2.0%

Shares of INTC opened at $102.50 on Friday. Intel Corporation has a twelve month low of $22.77 and a twelve month high of $142.35. 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 firm has a market capitalization of $517.01 billion, a P/E ratio of -48.58 and a beta of 2.22. The firm's 50-day moving average is $110.26 and its two-hundred day moving average is $83.29.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) 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 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 company's revenue for the quarter was up 25.2% on a year-over-year basis. During the same period last year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

INTC has been the topic of several recent analyst reports. Bank of America reiterated a "buy" rating and set a $160.00 target price on shares of Intel in a research report on Tuesday, July 28th. Barclays raised their price target on Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a report on Monday, June 1st. KeyCorp set a $125.00 price target on Intel in a research note on Friday, July 24th. Robert W. Baird upped their price objective on Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Mizuho cut their price objective on Intel from $135.00 to $109.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Intel has a consensus rating of "Hold" and an average target price of $107.85.

Insiders Place Their Bets

In other 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 purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 0.05% of the stock is owned by insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

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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