Kestra Private Wealth Services LLC Cuts Holdings in Intel Corporation $INTC

Key Points

• Kestra Private Wealth Services cut its Intel holdings by 20% in the second quarter, selling 36,739 shares and retaining 146,843 shares valued at approximately $20.5 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported strong quarterly momentum, with revenue up 25.2% year over year to $16.13 billion and EPS of $0.42, exceeding analyst expectations. CEO Lip-Bu Tan also purchased roughly $10 million of Intel shares, increasing his direct stake by 8.7%.
• Despite the rally, analysts maintain a consensus “Hold” rating with an average price target of $107.85, while investors weigh the potential benefits of Intel’s capital raise against shareholder dilution and the challenge of generating profitable foundry growth.

Kestra Private Wealth Services LLC decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 20.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,843 shares of the chip maker's stock after selling 36,739 shares during the period. Kestra Private Wealth Services LLC's holdings in Intel were worth $20,504,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Southern Financial Group LLC boosted its position in shares of Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after buying an additional 90 shares during the last quarter. Harrell Investment Partners LLC increased its holdings in Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after buying an additional 100 shares in the last quarter. Wynn Capital LLC raised its position in Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after buying an additional 104 shares during the last quarter. Demars Financial Group LLC raised its position in Intel by 1.7% in the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker's stock worth $339,000 after buying an additional 125 shares during the last quarter. Finally, Human Investing LLC lifted its stake in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock valued at $641,000 after acquiring an additional 126 shares during the period. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel News Roundup

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on INTC shares. Arete Research raised their price target on shares of Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Susquehanna boosted their price objective on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. Mizuho lowered their price objective on shares of Intel from $135.00 to $109.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. Melius Research set a $150.00 price objective on shares of Intel in a research report on Monday, May 18th. Finally, The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $107.85.

Insider Activity

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company's stock.

Intel Trading Down 2.0%

Shares of NASDAQ:INTC opened at $102.50 on Friday. The stock's 50-day simple moving average is $110.26 and its two-hundred day simple moving average is $83.29. The stock has a market capitalization of $517.01 billion, a price-to-earnings ratio of -48.58 and a beta of 2.22. Intel Corporation has a 52-week low of $22.77 and a 52-week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the firm earned ($0.10) EPS. The business's revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts expect that Intel Corporation will post 1.01 EPS for the current year.

About Intel

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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