Pallas Capital Advisors LLC Reduces Stock Position in Intel Corporation $INTC

Key Points

• Pallas Capital Advisors cut its Intel position by 47.4% in the second quarter, selling 49,072 shares and retaining 54,482 shares valued at approximately $7.6 million.
• Institutional investors and hedge funds still own a substantial 64.53% of Intel’s outstanding stock, with several firms making modest additions to their positions.
• Intel reported stronger-than-expected quarterly results, including $0.42 in earnings per share and $16.13 billion in revenue, but analysts maintain a consensus “Hold” rating amid ongoing turnaround, competition and dilution concerns.

Pallas Capital Advisors LLC cut its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 47.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,482 shares of the chip maker's stock after selling 49,072 shares during the period. Pallas Capital Advisors LLC's holdings in Intel were worth $7,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in INTC. Southern Financial Group LLC boosted its holdings in shares of Intel by 0.6% in the 1st 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 in the last quarter. Harrell Investment Partners LLC raised its stake in Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after acquiring an additional 100 shares in the last quarter. TFR Capital LLC. grew its holdings in shares of Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after purchasing an additional 100 shares during the last quarter. Wynn Capital LLC increased its position in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after purchasing an additional 104 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its holdings in shares of Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock valued at $404,000 after purchasing an additional 119 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong Nvidia results lifted the sector. Nvidia’s blowout quarter and projection for roughly 70% revenue growth in fiscal 2028 reinforced that AI demand remains far above available supply. Investors bid up related semiconductor names, including Intel, as CPUs and other infrastructure components are expected to benefit from expanded AI deployments. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: Potential U.S. chip tariffs increased Intel’s strategic appeal. Reports of broad tariffs on imported chips encouraged speculation that Intel, as a U.S.-based manufacturer and foundry candidate, could receive additional policy support or gain a competitive advantage. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: An Advantech connection highlighted Intel’s AI infrastructure ambitions. The relationship points to potential progress placing Intel chips and platforms into AI infrastructure and edge-computing applications, though financial details were not provided. Intel Stock Gains with New Advantech Connection
• Positive Sentiment: Congressional buying added bullish publicity. Nancy Pelosi reportedly purchased Intel shares and call options, potentially attracting momentum-oriented investors, although the transaction does not change Intel’s fundamentals. Nancy Pelosi Buys Intel
• Neutral Sentiment: Intel’s first-half operating cash flow rose sharply to $8.1 billion, but heavy capital spending continues to pressure free cash flow. Intel Sees Strong Cash Flow Growth
• Negative Sentiment: Analyst warnings about intense competition and uncertainty surrounding Intel’s turnaround remain a risk. The company’s previously reported roughly $20 billion equity offering also creates dilution concerns and helps explain the stock’s wide valuation swings. Simon Leopold Offers Warning

Intel Price Performance

Intel stock opened at $92.09 on Friday. The company has a market cap of $464.50 billion, a P/E ratio of -43.64 and a beta of 2.22. Intel Corporation has a one year low of $23.68 and a one year high of $142.35. The business has a fifty day moving average of $105.53 and a two-hundred day moving average of $86.37. 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 posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the prior year, the company posted ($0.10) EPS. The business's revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts predict that Intel Corporation will post 1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on INTC shares. DA Davidson upped their target price on Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Benchmark lifted their target price on shares of Intel from $105.00 to $140.00 and gave the company a "buy" rating in a report on Monday, May 18th. Wolfe Research began coverage on shares of Intel in a research report on Thursday, June 11th. They set a "peer perform" rating on the stock. Mizuho decreased their price objective on Intel from $135.00 to $109.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. Finally, Truist Financial lifted their price objective on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Intel presently has a consensus rating of "Hold" and a consensus price target of $107.46.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer directly 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. Company 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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