Longbow Finance SA Reduces Stake in Intel Corporation $INTC

Key Points

• Longbow Finance SA cut its Intel stake by 65.3% in the second quarter, selling 125,598 shares and retaining 66,771 shares valued at approximately $9.3 million. Institutional investors overall own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with EPS of $0.42 versus the $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year. However, the company posted a negative net margin of 19.79%.
• Analyst sentiment remains mixed, with Intel carrying a consensus “Hold” rating and an average price target of $107.46, while CEO Lip-Bu Tan purchased roughly $10 million of Intel shares—an insider vote of confidence in the turnaround.

Longbow Finance SA lowered its position in Intel Corporation (NASDAQ:INTC - Free Report) by 65.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 66,771 shares of the chip maker's stock after selling 125,598 shares during the period. Longbow Finance SA's holdings in Intel were worth $9,323,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Financially Speaking Inc increased its position in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after purchasing an additional 279 shares during the last quarter. Financial Life Planners purchased a new position in shares of Intel in the first quarter worth approximately $25,000. Swiss RE Ltd. bought a new stake in Intel during the fourth quarter valued at approximately $29,000. Osbon Capital Management LLC bought a new stake in Intel during the fourth quarter valued at approximately $30,000. Finally, Beaird Harris Wealth Management LLC increased its holdings 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 last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Performance

NASDAQ INTC opened at $103.49 on Tuesday. The firm has a market cap of $522.00 billion, a price-to-earnings ratio of -49.05 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $110.12 and a 200-day moving average price of $83.99. Intel Corporation has a twelve month low of $22.77 and a twelve month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the previous year, the firm earned ($0.10) EPS. The firm'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, equities research analysts predict that Intel Corporation will post 1.01 EPS for the current fiscal year.

Analysts Set New Price Targets

INTC has been the topic of several recent research reports. Susquehanna increased their price target on shares of Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. HSBC restated a "buy" rating on shares of Intel in a research note on Friday, July 24th. New Street Research lifted their target price on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. Bank of America reduced their price target on Intel from $160.00 to $145.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Finally, Moffett Nathanson downgraded Intel to a "neutral" rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Intel currently has an average rating of "Hold" and an average target price of $107.46.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.05% of the company's stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan disclosed a purchase of 105,263 Intel shares at $95 each, worth approximately $10 million. His investment is being viewed as a strong vote of confidence in Intel’s recovery strategy. Intel CEO insider purchase
• Positive Sentiment: Intel’s recently upsized equity offering is expected to provide roughly $20 billion to $23 billion for investments in manufacturing, AI and the foundry business. Reports of improving yields at GlobalFoundries and broader customer interest support the possibility of progress in Intel Foundry. Intel’s capital raise and foundry progress
• Positive Sentiment: SoftBank Group reportedly allocated 66.81% of its disclosed U.S. equity portfolio to Intel, potentially reinforcing the view that the chipmaker could benefit from the long-term AI infrastructure buildout. SoftBank’s Intel investment
• Positive Sentiment: Intel participated in a broader rally across chip and memory stocks as investors continued to favor companies exposed to strong AI spending and semiconductor infrastructure demand. Semiconductor stock market moves
• Neutral Sentiment: CEO Tan said Intel is exploring new memory architectures that bring memory and processors closer together. The initiative could expand Intel’s AI opportunity, but it is still exploratory and offers no near-term revenue assurance. Intel explores memory architectures
• Neutral Sentiment: Institutional signals are mixed: some reports describe new or enlarged semiconductor positions, while Stanley Druckenmiller’s fund was reported to have sold Intel in the second quarter. Druckenmiller’s Intel position
• Negative Sentiment: The equity raise strengthens Intel’s balance sheet but dilutes existing shareholders and raises the execution burden for the turnaround. Intel’s secondary share sale
• Negative Sentiment: At roughly 62 times expected next year’s earnings, Intel’s valuation assumes substantial future profitability even though the company reportedly lost about $11 billion over the past year, much of it noncash. Intel valuation and recent losses

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source