Oppenheimer & Co. Inc. Has $16.76 Million Stock Position in Intel Corporation $INTC

Key Points

• Oppenheimer reduced its Intel position by 15.2% in the second quarter, selling 21,475 shares and retaining 120,060 shares valued at approximately $16.76 million.
• Despite Oppenheimer’s reduction, major institutions including Vanguard, State Street, Capital World Investors, Geode and Morgan Stanley increased their holdings; institutional investors and hedge funds own 64.53% of Intel.
• Intel reported quarterly results above expectations, with adjusted EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also bought roughly $10 million of Intel stock, while analysts maintain a consensus “Hold” rating.

Oppenheimer & Co. Inc. reduced its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 15.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 120,060 shares of the chip maker's stock after selling 21,475 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Intel were worth $16,764,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of INTC. Vanguard Group Inc. lifted its holdings in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the period. State Street Corp raised its position in shares of 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 acquiring an additional 5,714,400 shares in the last quarter. Capital World Investors lifted its stake in shares of Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC lifted its stake in shares of Intel by 3.2% in the 4th 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, Morgan Stanley boosted its holdings in shares of Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Trading Down 2.2%

Shares of INTC stock opened at $90.07 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a 1 year low of $23.65 and a 1 year high of $142.35. The stock has a market capitalization of $454.31 billion, a price-to-earnings ratio of -42.69 and a beta of 2.22. The company's fifty day simple moving average is $108.43 and its two-hundred day simple moving average is $85.00.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for 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% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan acquired 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 of the company's stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Key Stories Impacting Intel

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.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Northland Securities lowered Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. Piper Sandler initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a "neutral" rating on the stock. DA Davidson boosted their price target on shares of Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Moffett Nathanson downgraded shares of Intel to a "neutral" rating in a research report on Thursday, June 11th. Finally, Tigress Financial increased their price objective on shares of Intel from $66.00 to $118.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price 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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