Journey Advisory Group LLC Has $3.45 Million Position in Intel Corporation $INTC

Key Points

• Journey Advisory Group cut its Intel position by 20.9% in the second quarter, selling 6,529 shares and retaining 24,696 shares valued at approximately $3.45 million. Institutional investors collectively own 64.53% of Intel.
• Intel’s latest quarterly results beat expectations, with EPS of $0.42 versus the $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also bought roughly $10 million of Intel stock, signaling confidence in the turnaround.
• Investor sentiment remains mixed: Intel faces potential dilution from a reported $15 billion stock offering, while analyst coverage carries a consensus “Hold” rating and the shares recently traded at $90.07, below the average price target of $107.46.

Journey Advisory Group LLC lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 20.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,696 shares of the chip maker's stock after selling 6,529 shares during the period. Journey Advisory Group LLC's holdings in Intel were worth $3,448,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of INTC. Beaird Harris Wealth Management LLC raised its position in Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after buying an additional 223 shares during the period. Carolina Wealth Advisors LLC grew its stake in Intel by 167.0% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock valued at $37,000 after acquiring an additional 167 shares in the last quarter. Ramsey Quantitative Systems purchased a new position in Intel during the 2nd quarter valued at about $50,000. Allied Private Wealth LLC acquired a new position in shares of Intel in the 2nd quarter valued at about $68,000. Finally, RHL Group LLC purchased a new stake in shares of Intel in the second quarter worth approximately $70,000. Institutional investors and hedge funds own 64.53% of the company's stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Institutional buying provides support: Tiger Global reportedly increased its Intel position during the second quarter, adding to recent bullish interest in the company’s AI, data-center, and foundry businesses. Tiger Global Added to Its Position in Intel in Q2
• Positive Sentiment: CEO purchase signals confidence: Intel CEO Lip-Bu Tan reportedly bought another 105,000 shares, a potentially favorable signal regarding management’s view of the company’s turnaround and long-term prospects. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Operating momentum remains a potential catalyst: Intel’s latest reported quarter exceeded consensus EPS and revenue estimates, with revenue up 25.2% year over year. Coverage also points to a growing role for Intel in AI hardware and data-center demand.
• Neutral Sentiment: Government investment remains under scrutiny: Intel’s shares slipped as Commerce Secretary Howard Lutnick defended the U.S. government’s purchase of roughly 10% of the company. The investment could improve strategic and financial support, but its unusual structure has prompted investor uncertainty. Intel Stock Slips as Howard Lutnick Defends Intel Deal
• Negative Sentiment: Potential dilution weighs on sentiment: Reports that Intel is pursuing a stock offering of approximately $15 billion raise concerns about shareholder dilution, even if the proceeds are intended to fund expansion and capitalize on AI demand. Intel Embarks on $15 Billion Stock Offering
• Negative Sentiment: High-profile selling reinforces profit-taking concerns: Stanley Druckenmiller’s Duquesne Family Office reportedly exited its Intel position in the second quarter, selling about 411,400 shares while reallocating capital to other AI and robotics opportunities. Druckenmiller Dumped Micron, Intel and Broadcom
• Negative Sentiment: Analyst caution and valuation risk persist: Intel carries an average analyst rating of “Hold,” while some coverage argues that Nvidia and AMD offer better risk-adjusted upside. Investors remain concerned that Intel’s recent rally has priced in much of the turnaround before sustained profitability is established.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by corporate insiders.

Intel Stock Down 2.2%

INTC stock opened at $90.07 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. Intel Corporation has a 1 year low of $23.65 and a 1 year high of $142.35. The company has a fifty day simple moving average of $108.43 and a 200 day simple moving average of $85.00. The firm has a market cap of $454.31 billion, a PE ratio of -42.69 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel's revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts anticipate that Intel Corporation will post 1.01 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. HSBC reiterated a "buy" rating on shares of Intel in a research note on Friday, July 24th. Arete Research upped their price target on shares of Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 10th. Stifel Nicolaus reduced their price objective on Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research report on Friday, July 24th. Zacks Research downgraded Intel from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st. Finally, Wolfe Research assumed coverage on Intel in a research note on Thursday, June 11th. They set a "peer perform" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $107.46.

Intel Company 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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