Oppenheimer Asset Management Inc. Sells 15,507 Shares of Intel Corporation $INTC

Oppenheimer Asset Management Inc. lessened its stake in shares of Intel Corporation (NASDAQ:INTC) by 17.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,555 shares of the chip maker’s stock after selling 15,507 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Intel were worth $10,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. State Street Corp boosted its stake in Intel by 2.8% during 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 buying an additional 5,714,400 shares during the period. Capital World Investors boosted its stake in Intel by 20.3% during 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 buying an additional 17,557,147 shares during the period. Geode Capital Management LLC grew its position in Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after buying an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley increased its stake in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Down 2.2%

Shares of Intel stock opened at $90.07 on Friday. 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 Corporation has a 52-week low of $23.65 and a 52-week high of $142.35. The company’s 50 day moving average price is $108.43 and its 200-day moving average price is $85.00. The stock has a market capitalization of $454.31 billion, a price-to-earnings ratio of -42.69 and a beta of 2.22.

Intel (NASDAQ:INTC) last posted its earnings results 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 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 last year, the firm earned ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Intel News Summary

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.

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 stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Truist Financial increased their price target on shares of Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a report on Friday, July 24th. Weiss Ratings lowered shares of Intel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Wells Fargo & Company increased their target price on Intel from $110.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Zacks Research downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Finally, HC Wainwright set a $150.00 price target on Intel in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and a consensus target price of $107.46.

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.