Knights of Columbus Asset Advisors LLC Cuts Stock Position in Intel Corporation $INTC

Key Points

• Knights of Columbus Asset Advisors cut its Intel stake by 9.7% in the second quarter, selling 7,351 shares and retaining 68,399 shares valued at approximately $9.55 million. Institutional ownership remains substantial at 64.53%, despite mixed buying and selling among funds.
• Intel CEO Lip-Bu Tan purchased about $10 million of Intel stock at roughly $95 per share, signaling confidence in the company’s turnaround. Intel also reported quarterly revenue of $16.13 billion, up 25.2% year over year, and exceeded analysts’ EPS expectations.
• Analyst sentiment remains mixed, with Intel carrying a consensus “Hold” rating and an average price target of $107.46. Investors continue to weigh foundry and AI-related opportunities against dilution concerns, competitive pressure and broader worries about semiconductor demand.

Knights of Columbus Asset Advisors LLC cut its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 9.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 68,399 shares of the chip maker's stock after selling 7,351 shares during the period. Knights of Columbus Asset Advisors LLC's holdings in Intel were worth $9,551,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in INTC. Sivia Capital Partners LLC raised its position in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after purchasing an additional 25,001 shares during the last quarter. United Bank purchased a new position in Intel in the 2nd quarter valued at about $205,000. Gamco Investors INC. ET AL boosted its holdings in Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock worth $308,000 after buying an additional 1,508 shares during the last quarter. NewEdge Advisors LLC increased its stake in Intel by 29.6% during the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after buying an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Intel by 9.9% during the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after buying an additional 74,838 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased approximately $10 million of Intel stock, or more than 105,000 shares, at about $95 each. The open-market purchase signals management confidence in Intel’s turnaround, although it has not offset broader selling pressure. Insiders Are Buying Intel
• Positive Sentiment: Intel secured Socionext as a customer for its 18A-P process, supporting the company’s foundry strategy and suggesting progress in attracting external chip-design clients. Intel Lands Socionext for Chiplets
• Positive Sentiment: Analysts and industry coverage point to potential growth from AI PCs, edge AI, robotics, agentic-AI server demand and advanced packaging, where Intel is seeking to compete with Taiwan Semiconductor. The AI Boom Has a New Chip Shortage
• Neutral Sentiment: Intel GPU prices reportedly rose 48% in one month as memory costs increased. Higher prices could support revenue, but rising component costs may also weaken demand and margins. Intel GPU Prices Jump 48%
• Negative Sentiment: Intel and AMD are declining alongside a broader chip selloff tied to worries that AI infrastructure spending may be peaking. Softer sentiment toward major AI-chip demand has pressured the entire semiconductor group. Why Intel and AMD Stocks Are Falling
• Negative Sentiment: Investors remain concerned about dilution following Intel’s $20 billion equity offering and the stock’s sharp prior rally, which has raised valuation and profit-execution expectations. Intel’s $20 Billion Equity Raise
• Negative Sentiment: Recent Qualcomm testing highlighted competitive pressure from Snapdragon chips, adding to concerns about Intel’s position in client computing and power-efficient processors. Intel Stock After Snapdragon Testing

Analyst Ratings Changes

INTC has been the subject of several recent research reports. Rosenblatt Securities increased their price objective on Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research note on Friday, July 24th. New Street Research raised their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Bank of America lowered their target price on shares of Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. Finally, Evercore set a $95.00 target price on shares of Intel in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Intel currently has a consensus rating of "Hold" and an average target price of $107.46.

Intel Price Performance

NASDAQ:INTC opened at $92.80 on Thursday. Intel Corporation has a one year low of $22.77 and a one year high of $142.35. The stock has a market cap of $468.08 billion, a PE ratio of -43.98 and a beta of 2.22. 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 50 day moving average price of $109.62 and a 200 day moving average price of $84.64.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the prior year, the business earned ($0.10) EPS. The firm's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at Intel

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 price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.05% of the company's stock.

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.

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