Intel Corporation $INTC Stock Position Lowered by NFSG Corp

Key Points

• NFSG Corp cut its Intel position by 47% in the third quarter, selling 12,489 shares and retaining 14,100 shares valued at approximately $1.7 million.
• Institutional investors own 64.53% of Intel, with several major funds—including State Street, Invesco, Amundi and Bank of America—adding to their holdings. Analysts maintain a consensus “Hold” rating with an average price target of $109.06.
• Intel shares opened at $95.37, below their 50-day and 200-day moving averages, despite the company beating quarterly earnings and revenue estimates. CEO Lip-Bu Tan also purchased nearly $10 million of Intel stock, increasing his ownership by 8.7%.

NFSG Corp reduced its position in Intel Corporation (NASDAQ:INTC - Free Report) by 47.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 14,100 shares of the chip maker's stock after selling 12,489 shares during the period. NFSG Corp's holdings in Intel were worth $1,695,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in INTC. State Street Corp grew its stake in 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 buying an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA purchased a new stake in Intel in the second quarter valued at approximately $10,507,291,000. Invesco Ltd. lifted its stake in Intel by 4.1% in the fourth quarter. Invesco Ltd. now owns 49,597,201 shares of the chip maker's stock valued at $1,830,137,000 after buying an additional 1,938,277 shares during the last quarter. Amundi lifted its stake in Intel by 14.9% in the first quarter. Amundi now owns 38,969,192 shares of the chip maker's stock valued at $1,719,710,000 after buying an additional 5,045,936 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker's stock valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on INTC. Mizuho raised their target price on shares of Intel from $92.00 to $114.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 6th. Truist Financial upped their price target on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Intel in a research report on Thursday, July 23rd. Robert W. Baird increased their price target on shares of Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Finally, Zacks Research cut shares of Intel from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $109.06.

Intel Stock Down 2.8%

INTC opened at $95.37 on Friday. The business has a 50 day moving average price of $103.29 and a two-hundred day moving average price of $101.39. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company has a market cap of $481.05 billion, a PE ratio of -45.20, a P/E/G ratio of 10.47 and a beta of 2.22. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the business posted ($0.10) EPS. The company'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, research analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

Insider Activity at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm'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 completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $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 accessible through this link. 0.05% of the stock is owned by company insiders.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s Crescent Island inference GPU has reportedly reached customer testing, supporting the company’s effort to expand beyond CPUs and compete in lower-cost AI inference. Intel’s 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent results showed approximately 25% year-over-year quarterly revenue growth, while strong AI-chip demand forecasts from ASML and analyst support for Intel ahead of its next earnings report provide a potential longer-term tailwind. AI Demand to Exceed Supply
• Neutral Sentiment: A technical trading signal reportedly triggered a rebound during the session, but this reflects short-term trading activity rather than a change in Intel’s fundamentals. Intel Shares Rise After Key Trading Signal
• Negative Sentiment: An explosion and fire at Intel’s Kiryat Gat manufacturing facility in Israel, with serious injuries and reported fatalities, raised concerns about operational disruption, employee safety and potential production impacts. Intel Slides After Plant Blast in Israel
• Negative Sentiment: TSMC’s comments that it could support customers if Intel’s advanced-packaging ramp falls short highlighted execution risk and intensified competitive pressure on Intel’s foundry strategy. TSMC Comments on Intel’s Advanced Packaging Ramp
• Negative Sentiment: The wider chip sector faced selling pressure amid reported progress by Chinese memory maker CXMT, concerns about slowing or difficult-to-finance AI infrastructure spending, higher interest rates and renewed inflation worries. These factors are particularly significant for Intel after its substantial 2026 rally. What Is Driving Attention on Intel Stock

Intel Company Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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