Wealth Quarterback LLC Reduces Stock Position in Intel Corporation $INTC

Key Points

• Wealth Quarterback LLC reduced its Intel position by 33.7% in the second quarter, selling 8,615 shares and retaining 16,950 shares valued at approximately $2.37 million. Institutional investors collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased approximately $10 million of company stock at $95 per share, while the company also secured Socionext as a customer for its 18A-P process—positive signals for its turnaround and foundry strategy.
• Intel shares opened at $92.80 after declining 4%, amid concerns about AI-spending risks, dilution from a $20 billion equity offering and competitive pressure from Qualcomm. Analysts maintain a consensus “Hold” rating with a $107.46 target price.

Wealth Quarterback LLC cut its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 33.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,950 shares of the chip maker's stock after selling 8,615 shares during the period. Intel accounts for 0.7% of Wealth Quarterback LLC's investment portfolio, making the stock its 24th biggest position. Wealth Quarterback LLC's holdings in Intel were worth $2,367,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised 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 valued at $14,926,873,000 after acquiring an additional 13,692,624 shares during the period. State Street Corp grew its position in shares of Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors grew its position in shares of Intel by 20.3% in the fourth 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 in the last quarter. Geode Capital Management LLC grew its position 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 in the last quarter. Finally, Morgan Stanley raised its stake 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 valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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

Insider Activity

In related news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost 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 approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Intel Trading Down 4.0%

Shares of INTC opened at $92.80 on Thursday. Intel Corporation has a 1-year low of $22.77 and a 1-year high of $142.35. The company has a market capitalization of $468.08 billion, a P/E ratio of -43.98 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The firm's 50 day simple moving average is $109.62 and its 200 day simple moving average is $84.64.

Intel (NASDAQ:INTC - Get Free Report) last released 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. The business had revenue of $16.13 billion during 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%. The business's quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on INTC. Morgan Stanley raised their target price on Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. Northland Securities cut Intel from an "outperform" rating to a "market perform" rating in a research report on Tuesday, May 26th. TD Cowen increased their price target on shares of Intel from $75.00 to $115.00 and gave the stock a "hold" rating in a report on Monday, July 13th. UBS Group cut their price objective on shares of Intel from $121.00 to $112.00 and set a "neutral" rating for the company in a research report on Wednesday, August 12th. Finally, Seaport Research Partners reaffirmed a "buy" rating and set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus 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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