St. Louis Financial Planners Asset Management LLC Sells 19,439 Shares of Intel Corporation $INTC

St. Louis Financial Planners Asset Management LLC trimmed its position in shares of Intel Corporation (NASDAQ:INTC) by 56.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 14,752 shares of the chip maker’s stock after selling 19,439 shares during the quarter. St. Louis Financial Planners Asset Management LLC’s holdings in Intel were worth $1,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its holdings in shares of Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares during the period. Primecap Management Co. CA purchased a new stake in Intel during the second quarter valued at $10,507,291,000. Invesco Ltd. lifted its holdings in Intel by 4.1% in the fourth quarter. Invesco Ltd. now owns 49,597,201 shares of the chip maker’s stock valued at $1,830,137,000 after acquiring an additional 1,938,277 shares during the period. Amundi lifted its holdings in Intel by 14.9% in the first quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after acquiring an additional 5,045,936 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the period. 64.53% of the stock is owned by institutional investors.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Susquehanna raised their target price on Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Northland Securities raised shares of Intel from a “market perform” rating to an “outperform” rating and set a $120.00 price target for the company in a research report on Tuesday, September 8th. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. KeyCorp set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Finally, Wall Street Zen downgraded shares of Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $109.06.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s history of exceeding earnings estimates and favorable revenue and earnings trends are prompting analysts to argue that the company could deliver another quarterly beat. Will Intel Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Consumer research from LikeFolio indicates improving sentiment toward Intel, suggesting demand for its products remains resilient even as Nvidia introduces competing laptops. Consumer Sentiment Surge Follows Stock Trends
• Positive Sentiment: One prominent analyst sees substantial upside if Intel successfully executes its foundry strategy and wins advanced AI-chip manufacturing business, although that thesis depends on an unproven turnaround. Analyst Says Intel Could Double
• Neutral Sentiment: The administration’s new review of AI risks could lead to future regulation of AI systems and data centers. The report is not an Intel-specific development, but could affect demand for AI infrastructure over time. Trump Task Force Orders Report on AI Dangers
• Negative Sentiment: A broad rotation out of AI and semiconductor stocks is pressuring Intel, AMD and other chipmakers as investors question AI infrastructure valuations, financing conditions and the durability of spending. Rotation Out of AI Chip Stocks Continues
• Negative Sentiment: Investors are also weighing competitive and operational risks: TSMC suggested it could support customers if Intel’s advanced-packaging ramp falls short, while an explosion and fire at Intel’s Kiryat Gat facility in Israel added company-specific uncertainty. Reports of progress by Chinese rival CXMT further intensified concerns about Intel’s competitive position. TSMC Comments on Intel Packaging Ramp

Intel Stock Performance

Intel stock traded down $5.52 during trading on Friday, reaching $89.85. The company had a trading volume of 122,155,926 shares, compared to its average volume of 107,412,112. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35. The firm’s 50-day simple moving average is $103.05 and its 200 day simple moving average is $101.31. The firm has a market capitalization of $453.20 billion, a price-to-earnings ratio of -42.58, a price-to-earnings-growth ratio of 10.15 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating 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 the consensus estimate of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. Intel’s quarterly 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. Sell-side analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Intel Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.