Intel Corporation $INTC Stock Sold by Birchbrook Inc.

Key Points

• Birchbrook Inc. cut its Intel stake by 82.6% in the third quarter, selling 5,336 shares and retaining 1,126 shares valued at approximately $135,000. Despite this reduction, institutional investors collectively own 64.53% of Intel.
• Analyst sentiment remains mixed: Intel has an average “Hold” rating and a consensus price target of $109.06. CEO Lip-Bu Tan separately purchased 105,263 shares for roughly $10 million, increasing his direct stake by 8.7%.
• Intel shares opened at $98.12 after falling 4.6%, with investors weighing strong recent revenue growth and AI product development against substantial foundry losses, execution risks and broader semiconductor-market weakness.

Birchbrook Inc. decreased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 82.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,126 shares of the chip maker's stock after selling 5,336 shares during the period. Birchbrook Inc.'s holdings in Intel were worth $135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Primecap Management Co. CA purchased a new position in shares of Intel during the 2nd quarter worth $10,507,291,000. Legal & General Group Plc bought a new position in Intel in the 2nd quarter worth $4,096,110,000. Canada Pension Plan Investment Board bought a new position in Intel in the 2nd quarter worth $1,848,438,000. Bank of America Corp DE raised its holdings in Intel by 35.7% in the 2nd 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 period. Finally, Assenagon Asset Management S.A. lifted its position in Intel by 45.5% during the second quarter. Assenagon Asset Management S.A. now owns 16,151,467 shares of the chip maker's stock valued at $2,255,229,000 after purchasing an additional 5,053,424 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on INTC shares. New Street Research boosted their price target on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Robert W. Baird upped their price target on Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Mizuho raised their price objective on Intel from $92.00 to $114.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 6th. HSBC reaffirmed a "buy" rating on shares of Intel in a research note on Friday, July 24th. Finally, KeyCorp set a $125.00 price objective on Intel in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Intel currently has an average rating of "Hold" and a consensus price target of $109.06.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 350-watt Crescent Island GPU has reached customer testing. The inference-focused accelerator is designed for standard air-cooled servers, with up to 480 GB of memory, potentially giving Intel a lower-cost alternative for enterprise AI workloads. Intel GPU customer testing article
• Positive Sentiment: Recent coverage highlights Intel’s strongest quarterly revenue growth in roughly 15 years, with second-quarter sales up about 25% year over year. Analysts at Erste Group also modestly raised their 2026 and 2027 earnings estimates, while KeyBanc named Intel among its preferred chip stocks ahead of earnings. Intel revenue growth article
• Neutral Sentiment: Intel’s upcoming quarterly report will be closely watched for evidence that improving chip supply is translating into stronger fourth-quarter growth and whether its foundry operation is attracting major external customers. Intel earnings preview
• Negative Sentiment: An explosion at Intel’s Kiryat Gat facility in Israel prompted investor concern about possible disruption to operations. Reports did not establish the extent of any production or facility damage, but the incident added near-term uncertainty. Intel Israel facility explosion article
• Negative Sentiment: Intel remains under pressure from heavy foundry losses: foundry revenue reportedly grew about 31%, but the division posted an operating loss near $2.1 billion. The company’s expensive manufacturing transition, suspended dividend and elevated valuation make execution risk particularly important for investors. Intel foundry losses article
• Negative Sentiment: The broader semiconductor decline also weighed on Intel, as investors took profits after a strong run and questioned elevated chip valuations, financing conditions, Chinese competition and the pace at which AI infrastructure spending can generate returns. Semiconductor sell-off article

Insider Transactions at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction 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 acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by company insiders.

Intel Trading Down 4.6%

Shares of INTC stock opened at $98.12 on Thursday. 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 stock has a fifty day simple moving average of $103.38 and a two-hundred day simple moving average of $101.03. The firm has a market capitalization of $494.92 billion, a PE ratio of 165.82, a PEG ratio of 10.97 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 quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate 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 positive return on equity of 2.62% and a negative net margin of 19.79%. The business's revenue was up 25.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

About Intel

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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