Lipe & Dalton Sells 35,239 Shares of Intel Corporation $INTC

Key Points

• Lipe & Dalton reduced its Intel stake by 38.6% in the second quarter, selling 35,239 shares and retaining 56,094 shares valued at approximately $7.8 million.
• Institutional investors own 64.53% of Intel, while CEO Lip-Bu Tan purchased roughly $10 million in shares, increasing his holdings by 8.7%.
• Intel exceeded quarterly earnings and revenue expectations, but analysts remain cautious: the stock carries a consensus “Hold” rating with a $107.80 price target amid ongoing losses, elevated valuation and strong semiconductor competition.

Lipe & Dalton cut its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 38.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 56,094 shares of the chip maker's stock after selling 35,239 shares during the period. Intel comprises approximately 3.6% of Lipe & Dalton's holdings, making the stock its 5th biggest position. Lipe & Dalton's holdings in Intel were worth $7,832,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of INTC. California State Teachers Retirement System lifted its holdings in shares of Intel by 13,422.7% in the 2nd quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker's stock worth $130,076,390,000 after purchasing an additional 924,690,115 shares during the last quarter. State Street Corp grew its position in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares during the last quarter. Capital World Investors grew its position in Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after purchasing an additional 3,124,798 shares during the period. Finally, Primecap Management Co. CA acquired a new stake in shares of Intel in the second quarter valued at approximately $10,507,291,000. Institutional investors own 64.53% of the company's stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $102.94 on Friday. Intel Corporation has a twelve month low of $24.05 and a twelve month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average of $97.86 and a two-hundred day moving average of $89.89. The company has a market capitalization of $519.23 billion, a price-to-earnings ratio of -48.79, a PEG ratio of 10.75 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping 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 company had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter in the previous year, the company posted ($0.10) EPS. The business's revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on INTC shares. Truist Financial lifted their target price on Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research note on Friday, July 24th. Daiwa Securities Group cut Intel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Citigroup started coverage on shares of Intel in a research note on Tuesday. They set a "buy" rating on the stock. Robert W. Baird increased their target price on shares of Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $107.80.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price 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 in the company, 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 available through the SEC website. Insiders own 0.05% of the company's stock.

Intel Company Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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